Product Cost Controlling: End-to-End Scenario
IC0906

Product Cost Controlling: End-to-End Scenario

In this course, we will build a realistic end-to-end costing scenario based on a real-life example. As Product Costing can’t be understood without also discussing Cost Elements/Cost Centers, we will also review the fundamentals of Controlling (CO). After this course, you will have a good understanding of how costing works and be ready to start implementing advanced costing scenarios in your own SAP system.

7  Reviews   4.1 of 5.0

Course Goal

  • Understand how Costing is integrated with SAP Financial Accounting and Production Planning
  • Understand how Product Costing works in SAP
  • Create advanced costing scenarios in the system

Audience

  • Consultants
  • Developers
  • End users
  • IT/Business analysts
  • Project Managers
  • Project team members

Exam/Certificate


Lesson Plan

2
Introduction - Elements/Terms/Scenario
07:51 mins
3
Key Concepts in Product Cost Controlling
11:07 mins

4
Introduction to Cost Planning
02:26 mins
5
Master Data - Cost Elements
05:26 mins
6
Master Data - Cost Centers
05:01 mins
7
Master Data - Activity Types
02:54 mins
8
Master Data - Material Master Data
10:00 mins
9
Master Data - Bill of Materials
03:11 mins
10
Master Data - Master Recipe
16:33 mins
11
Master Data - Statistical Key Figures
01:41 mins

12
Activity Independent Cost Planning
06:07 mins
13
Activity Quantity Planning
03:12 mins
14
Statistical Key Figure Planning
01:33 mins
15
Distribution Cycles for Planned Costs
05:21 mins
16
Assessment Cycles for Planned Costs
03:07 mins
17
Cost Splitting for Planned Costs
02:14 mins
18
Planned Activity Price Calculation
02:11 mins
19
Costing Sheet Configuration
07:58 mins
20
Costing Variant, Valuation Variant & Cost Component Structure
21:33 mins
21
Costing Run
15:37 mins

22
Introduction to Actual Costing
01:52 mins
23
Creating a Process Order
09:50 mins
24
Posting Goods Issue & Confirming Activities
11:07 mins
25
Posting Goods Receipt
05:56 mins

26
Month-End Closing - Posting Actual Costs
03:46 mins
27
Month-End Closing - Actual SKF Values
02:05 mins
28
Month-End Closing - Actual Distributions/Assessments
02:30 mins
29
Month-End Closing - Actual Cost Splitting & Actual Activity Price Calc.
01:44 mins
30
Month-End Closing - Actual Costing Sheet Overhead Calculation
01:42 mins
31
Month-End Closing - Order Revaluation
02:11 mins
32
Month-End Closing - Work-in-Progress & Variance Calculation
04:40 mins
33
Month-End Closing - Settlement Posting
04:45 mins
34
Month-End Closing - Distribution of Usage Variances
02:03 mins

35
Summary
01:08 mins
36
Course Handout - PDF
37
Master Data Spreadsheet

Instructor

Tommi Riihimaki

4.4 Average Rating

11 Reviews

75 Students

3 Courses

Tommi Riihimaki

SAP Consultant

I'm a passionate SAP consultant loving to share my knowledge and experience with students from around the world. I have been part of countless large-scale SAP implementations around the world and am currently a senior associate for a large company based out of Helsinki. In addition, I have worked as an SAP consultant for several years, spearheading several projects. My areas of expertise include FICO, MM and SD.


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SAP Training for Businesses

Language: English
Level: Intermediate
Duration: 3.50 hours
Type:  Instructor-led
Release: ECC 6.0
S/4 HANA
Category: SAP Financials

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