SAP CO S/4 HANA: Product Costing & Material Ledger scenarios

Name: SAP CO S/4 HANA: Product Costing & Material Ledger scenarios
Rating: 4.2 (8 reviews)

SAP CO:S/4 HANA : Product Costing scenarios & Material Ledger with "Co.code, Group and "Index based Currencies"

Created byKaranam Sreedhar : SAP S/4 HANA Controlling-Subject Matter Expert

Last updated 6/2024

English

English [Auto],

What you'll learn

SAP CO: S/4 HANA : Full cycle training given to consultants with these recordings
Topics: Product Costing, Material Ledger and Margin Analysis (Account based COPA)
Step by step Configuration from Company code creation to till Material Ledger Execution
Check the results and discuss the Accounting entries after each goods movements like P2P, Plan to Production and OTC cycles

Course content

1 section • 23 lectures • 70h 8m total length

1st Day Session with Consultants3:03:49
Explore SAP S/4HANA product costing and material ledger, covering standard, actual, and marginal costing, with scenarios by order, period, and sales order, plus transfer pricing and margin analysis.
2nd Day Session with Consultants3:15:29
Explore SAP S/4HANA product costing and material ledger concepts, including number ranges, business partner synchronization, and cross-module currency valuation.
3rd Day Session with Consultants3:03:19
Explore configuring SAP S/4HANA product costing with material ledger, linking multiple currencies—company code currency, group currency, hard currency, and indexed currencies—across ledgers, controlling area, and valuation settings.
4th Day Session with Consultants3:20:48
Explains the SAP cost component structure, detailing material cost, conversion cost, and overhead, and how COGM and COGS flow from WIP to inventory.
5th Day Session with Consultants3:06:42
Explore advanced SAP CO S/4 HANA product costing and material ledger concepts, including splitting structures, template allocation, costing sheet, cost components, overheads, and valuation variants in practical scenarios.
6th Day Session with Consultants3:07:03
Explore configuring and activating SAP material ledger in SAP S/4HANA, including master recipe and routing setup, activity types, cost calculations, and actual versus standard costing for production orders.
7th Day Session with Consultants3:14:53
Master SAP product costing and material ledger concepts: cost center with activity type planning, splitting structures, standard cost estimation, and the links to BOM, routing, and work center data.
8th Day Session with Consultants3:40:32
Explore SAP S/4HANA product costing and material ledger. Learn to manage external procurement, production orders, and inventory valuation, including price differences and standard cost planning.
9th Day Session with Consultants3:09:56
Analyze the working process in product costing by order, linking actual and target costs, goods receipts, and settlements to work in progress and variances.
10th Day Session with Consultants3:20:59
Explore split valuation in SAP CO S/4HANA, managing multiple valuation types and mixing ratios for raw materials, plus standard cost estimation, actual costing, and material ledger across make-or-buy scenarios.
11th Day Session with Consultants3:10:28
Master transferring material from manufacturing to depot plants using special procurement and additive costs, and performing standard cost estimation. Learn akr1/ckr1 workflows and material ledger with actual costing.
12th Day Session with Consultants3:17:32
Explore joint production costing in SAP S/4HANA, including co-products and by-products, equivalence-based cost allocation, BOM routing, and settlement through product cost controlling.
13th Day Session with Consultants3:28:46
Explore mdo and mto scenarios in sap s/4hana, including validated and non-validated with or without controlling, standard cost estimation, material ledger, sales order to billing, and profitability reporting.
14th Day Session with Consultants3:11:10
Explore SAP CO S/4 HANA product costing and material ledger scenarios, comparing validated versus non-validated sales orders and tracing end-to-end costs from orders to profitability reporting.
15th Day Session with Consultants2:59:30
Learn to implement sap product costing with product cost collectors in sap s4 hana, covering repetitive manufacturing, backflush, production versions, template allocations, work in process, variances, and period-based settlement.
16th Day Session with Consultants3:14:35
Explore the SAP product costing flow from material master to the material ledger and actual costing, covering raw materials, semi-finished and finished goods, cogs, and price and exchange rate differences.
17th Day Session with Consultants3:04:37
Explore material ledger scenarios in SAP S/4HANA, including distribution usage variance, physical inventory count, and linking material ledger to production orders through OMG configuration.
18th Day Session with Consultants3:05:02
Explore multiple valuation concepts in the material ledger, including legal, group, and profit center valuations; learn intra- and inter-company transfers with transfer pricing and parallel IFRS vs GAAP accounting.
19th Day Session with Consultants2:58:24
Master transfer pricing and material ledger in SAP CO S/4HANA by analyzing production orders, cross-plant stock transfers, and valuations across legal, group, and profit centers.
20th Day Session-1 with Consultants2:11:37
Explore parallel accounting in SAP S/4HANA, linking IFRS and local GAAP depreciation areas to the material ledger, CML-CP and AVR, and analyze actual costing vs alternative valuation.
20th Day Session-2 with Consultants54:57
Explore actual costing in sap s/4 hana product costing and material ledger scenarios, including settlement, run reference, cml-cp avr, and parallel accounting with IFRS versus GAAP.
21st Day Session with Consultants2:53:42
Explore SAP CO S/4 HANA product costing and material ledger, covering post closing, actual costing, consumption revaluation, price differences, and COPA-driven derivations for cost centers and internal orders.
22nd Day Session with Consultants3:14:43
Explore universal allocation in SAP CO cost center accounting with three free apps for plan, assessment, and actual cycles, plus a graphical network view of cost center to GL flows.

Requirements

Basic SAP FI knowledge required.

Description

SAP CO: S/4 HANA - Product Costing & Material Ledger

The Product Costing module allows organizations to determine the production costs of products. This is integral for controlling and for assessing profitability. Material Ledger enables actual costing and supports multiple valuations in parallel.

Product Costing Techniques:

Product costing by order (Make to Stock): Costs are determined based on manufacturing orders. It's suitable for non-repetitive production.
Product costing by Sales order (Make to Order): Costing is done for specific sales orders. Typically used for customized products.
Product costing with Sales order controlling vaulted stock without sale order controlling: Costing for products manufactured in anticipation of sales orders but not attached to specific orders.
Product costing with Sales order controlling vaulted stock with sale order controlling: When both anticipated stock and actual sales order-driven stock exist.
Product costing with sales order controlling non-vaulted stock with sale order controlling: For products produced directly against sales orders without anticipation.
Product costing by period: Periodic costing for products irrespective of orders.
Repetitive manufacturing without reporting points consideration: Costs for products that are manufactured repetitively and without specific checkpoints.
Repetitive manufacturing with reporting points (work in process) consideration: Costs are captured at different stages or checkpoints of the production process.
Decoupling scenario: Integration between production order and product cost collector, allowing separate management of costs and production.
Joint Production Process: Multiple main products are derived from one production order.
CO-Product costing process and By Product Costing Process: Co-products are main products with similar value, whereas by-products have minor value compared to the main product.
Mixed Costing process- Split Valuation: When a material can be procured/manufactured in more than one way.
Sub-Contracting, External Operations Product costing process: Costs when a part of the manufacturing process is subcontracted to external suppliers.
Cross plants –Special Procurement product costing: Costs are determined when procuring from a different plant within the same company.
Additives cost estimation: The costs of additive materials in the manufacturing process.

SAP CO S/4 HANA 2021 -Material Ledger

Multiple Currencies:
- Company Code Currency: Primary currency for a company code.
- Group Currency: Consolidation currency.
- Index based Currency: Adjustments for inflation or other index-based factors.
Multiple Valuations:
- Legal Valuation: As per local regulations.
- Group Valuation: Consolidated valuation.
- Profit Center Valuation: Based on profit center reporting needs.
Transfer pricing:
- Inter Company: Pricing between different company codes.
- Intra Company: Pricing within the same company code.
Work in process functionalities to Actual Costing: Determines the cost of semi-finished goods.
Physical Inventory count integrated with Material Ledger/Actual Costing: Actual stock valuation as per physical count.
Distribution Usage variances: The differences between planned and actual usage of materials and activity types in production.
Activity Types: Quantitative measures of services provided by a cost center. Adjustments made for variances between planned and actual activity provided.
Material Ledger- Actual Costing Execution and CKM3: The CKM3 transaction provides a detailed material price analysis showing the evolution of material prices.

This overview provides a detailed but condensed understanding of the topics related to SAP CO: S/4 HANA 2021 in the context of Product Costing and Material Ledger. Each of these topics can further be elaborated into detailed processes, configurations, and examples based on real-time scenarios.

Who this course is for:

CPA , CMA , ACCA , CA , MBA , M Com, B Com students and Professionals, SAP FICO Consultants and End Users.