SAP CO - Product Costing S4HANA

Name: SAP CO - Product Costing S4HANA
Rating: 4.7 (1277 reviews)

End-to-End concepts and configurations of SAP S4HANA CO - Product Costing

Created byAC SAP Consulting

Last updated 7/2020

English

English [Auto],Spanish [Auto],

What you'll learn

Introduction to Product Costing
Concept of Quantity structure
Bill of Materials
Activity Types
Routing
Work centers
Creation of Material in MM module
Creation of cost elements in S4HANA
Creation of cost centers in S4HANA
Concepts of MM Price Control
Impact of Standard Costing on the material price and valuation
Activity type price planning
Cost element input planning
Concept and Configuration of Overhead management in Product Costing
Concept of Costing Sheet and the configuration
Introduction to Costing Variant and the configuration
Configuration of Routing and Work centers in PP module
Purpose and configuration of Cost Component Structure
Execution of Standard Costing Run

Course content

9 sections • 24 lectures • 2h 27m total length

Introduction to the course1:33
Introduction to the course content and the target audience and the learning from the course.
Introduction to Product Costing1:59
This lecture introduces you to the concept of Product Costing explaining the quantity structure.
Real-time scenario for Product Costing3:02
This lecture introduces to the real-time example to configure Standard Costing in SAP S4HANA
Introduction to Product Costing

Introduction to Bill of Materials, Activities, Routing and Overheads7:36
Define the bill of materials and routing for a laptop, detailing materials, quantities, activities, times, and overheads to compute total cost, with material overhead 4% and production overhead 5%.
Introduction to Activity type price planning4:47
Configuration of Bill of Materials4:16
Configuration for Activity Types and creation of secondary CE in S4HANA8:31
Configuration for cost element input planning8:32
Configuration for Activity type price planning4:03
Configure activity type price planning in SAP CO for product costing on S4HANA, linking activities to cost centers and recording expenses with unit-based plans in hours.
Activity price calculation2:48
BoM, Activities and Routing

Configuration for overheads4:49
Learn to configure overheads in SAP CO by defining overhead keys, cost centers, and secondary cost elements, and assign overhead groups to raw materials to compute material and production overheads.
Configuration of overhead key and overhead group7:53
Create cost centers and secondary cost elements, define an overhead key and group, and assign the group to raw materials in the material master to enable production costing.
Overheads in costing

Steps in standard costing run2:23
Execution of Cost estimation run5:28
Marking and Releasing the cost5:16
Activate marking allowances for the costing variant and run a test costing update to apply standard costs to items like the laptop in the material ledger.
Standard Costing Execution
Bonus Session0:26
Gain a solid grasp of product cost through this bonus session and discover detailed SAP concepts training at a reasonable price, with more content via SAP Knowledge Share.

Requirements

Basic knowledge on FI, CO and MM modules
Basic knowledge on SAP FICO configuration and end user processes

Description

Are you looking forward to learning the SAP CO Product Costing concepts and configuration? Are you tired of the costly videos or courses containing lengthy slide shows but no actual content?

You are at the right place!

Welcome to the SAP CO Product Costing training course. The sole intention behind starting this course is to provide a detailed training on SAP FICO concepts at a very reasonable price.

In this course, you will be learning the concepts and configuration of Product Costing with a real-time scenario. This course will explain the detailed concepts of product costing from FI, CO, MM and PP module perspectives, without need to go through any lengthy boring presentations. The course content is prepared on latest S4HANA version.

The course is designed keeping in mind the audience who are experienced and as well entirely new to the topic. The scenario around which the entire course revolves is real-time and helps to understand the topic with ease.

This course will give the students an in-depth insight about Product Costing and help the students in answering the SAP certification questions, and utilize the knowledge in everyday work.

Although the course is designed at a slow pace for the benefit of everyone, I would recommend you to explore the options to speed up the video so that you will feel glued to the content and prevent from distraction due to background noise if any.

Feel free to share this course with your colleagues and friends for their benefit.

Disclaimer: SAP and other products of SAP mentioned in the training is a trademark or registered trademark of SAP SE, Germany. I am not related or affiliated to that.

Who this course is for:

SAP FICO Consultants
SAP FICO Students

SAP CO - Product Costing S4HANA

What you'll learn

Explore related topics

Course content

Introduction3 lectures • 7min

Material Master and Pricing Controls1 lecture • 14min

BoM, Activities and Routing7 lectures • 41min

Overheads in costing2 lectures • 13min

Costing Sheet2 lectures • 17min

Costing Variant2 lectures • 12min

Routing and Work Centers2 lectures • 24min

Cost Component Structure1 lecture • 8min

Execution of Standard Cost Estimation4 lectures • 14min

Requirements

Description

Who this course is for: