Advanced Product Costing with MTO and MTS in S4HANA

Are you an SAP consultant or an aspiring professional eager to master advanced product costing concepts in SAP S/4HANA? Are you looking to enhance your expertise in Make-to-Stock (MTS) and Make-to-Order (MTO) processes to become a sought-after expert in SAP implementation and configuration? This course is your gateway to unlocking the secrets of advanced product costing in SAP S/4HANA.

This comprehensive course takes you through the entire product costing lifecycle, from understanding the fundamentals of cost planning to executing complex costing scenarios in MTS and MTO environments. With a focus on hands-on, practical learning, you will gain in-depth knowledge of cost planning, controlling, and reporting, along with configuration skills that will set you apart in your SAP career.

By the end of this course, you will be equipped with the skills to:

• Execute standard and advanced costing runs with BOMs, routings, and costing sheets

• Configure cost components, costing variants, and valuation variants

• Manage cost object controlling, WIP, and variance calculations

• Implement MTS and MTO processes with seamless integration to COPA and COGS split

This course is designed for SAP functional consultants, costing specialists, and finance professionals who want to deepen their understanding of SAP product costing and gain the confidence to handle real-world costing scenarios in S/4HANA.

Course Overview

Below is a detailed breakdown of the key topics covered in this course:

Module 1: Introduction to Product Costing

• What is Product Costing?

• The Motive Behind Performing Product Costing

• Product Cost Planning and Its Variants

• Introduction to WIP (Work in Process)

• More About Product Cost Controlling

Module 2: Costing Methods in SAP

• Costing Methods Overview

• Components of Product Cost Planning

• Understanding Material Master Data Like Never Before

Module 3: Product Costing Run with BOM

• A Simple Product Costing Run

• In-Depth Introduction to BOM (Bill of Materials)

• Creation of BOM in SAP

• Execution of Standard Cost Estimate with BOM

Module 4: Costing Variants and Activity Types

• Detailed Introduction to Costing Variants

• Introduction to Activity Types

• Creation of Activity Types in SAP

• Cost Center Planning and Activity Type Planning

Module 5: Work Centers and Routings

• Introduction to Work Centers

• Creation of Work Centers in SAP

• What is Routing?

• Creation of Routing in SAP

• Product Costing Run with BOM and Routing

Module 6: Overheads and Costing Sheets

• What Are Overheads?

• Introduction to Costing Sheets

• Creation of Costing Sheets in SAP

• Product Costing Run with BOM, Routing, and Costing Sheets

Module 7: Cost Component Structure and Costing Variant Configuration

• Introduction to Product Cost Components

• Detailed View into Cost Component Structure

• Configuring Costing Variants for Product Costing

• Configuring Costing Type, Valuation Variant, Date Control, Quantity Structure Control, Transfer Control, and Reference Variants

Module 8: Standard Cost Estimate Execution

• Final Execution of Standard Cost Estimate

• Marking and Releasing Costs

• Introduction and Importance of Unit Cost Estimates

• Creation of Base Planning Objects

• Creation of Cost Estimates Without Quantity Structure

Module 9: Cost Object Controlling

• Introduction to Cost Object Controlling

• Simultaneous and Preliminary Costing

Module 10: Make-to-Stock (MTS) Product Costing

• Introduction to MTS Product Cost by Order

• Configuration for Production Orders

• Creation of Production Orders

• Goods Issue to Production Orders in MTS

• Activity Confirmation on Production Orders in MTS

• Overhead Calculation on Production Orders in MTS

• Goods Receipt from Production Orders to Inventory in MTS

Module 11: Results Analysis, Variance Calculation, and Settlement

• Introduction to Results Analysis in Cost Object Controlling

• Configuration for Variance Calculation

• Execution of Variance on Production Orders

• Setup for Variance Calculation

• Configuration for Production Order Settlement

• Execution of Variance and Settlement

Module 12: Work in Process (WIP) in MTS

• Introduction to WIP in MTS

• Configuration for WIP

• Scenario Building and Execution of WIP in MTS

• Settlement Scenarios with WIP and Variance

Module 13: Reserves and Scenario Execution

• What Are Reserves?

• Scenario Execution for Reserves

• Conclusion of the Make-to-Stock Scenario

Module 14: Introduction to COPA and COGS Split

• Introduction to COPA and COGS Split from Product Costing Point of View

• Introduction to Predictive Accounting

• Configuration for COGS Split

• Scenario Execution with COGS Split

• Variance Split Introduction and Configuration

• Execution of Scenarios with Variance Split

Module 15: Make-to-Order (MTO) Product Costing

• Introduction to MTO/Sales Order Costing

• Different Methods of MTO

• Configuration for MTO

• Creation of Sales Orders for MTO

• Planned Order Creation for MTO

• Creation of Production Orders Against Sales Orders in MTO

• Sales Order Line Item Costing in MTO

• Transfer Postings for Sales Order Stock Reservations in MTO

Module 16: MTO Production Order Execution

• Goods Issue to Production Orders in MTO

• Production Order Activity Confirmation in MTO

• Overhead Calculation on Production Orders in MTO

• Goods Receipt from Production Orders to Sales Orders in MTO

• Results Analysis on Production Orders in MTO

• Settlement of Production Orders to Sales Orders in MTO

• Delivery and Billing Posting on Sales Orders in MTO

• Settlement of Sales Orders to COPA in MTO

Why Take This Course?

This course is meticulously designed to help you:

• Understand the intricate details of product costing in SAP S/4HANA

• Gain hands-on experience in configuring and executing complex costing scenarios

• Bridge the gap between theoretical knowledge and real-world application

• Prepare for SAP implementation projects with confidence

Don't miss the opportunity to become a master in SAP product costing, whether you are looking to advance your career, crack interviews, or excel in your current role. Join now and take a leap toward becoming a trusted SAP consultant in advanced product costing with MTS and MTO processes!