SAP Product Costing-Sub Contracting & External Process Mfg..
What you'll learn
- Students will able to get Knowledge of Sub Contracting & External Operation process with CO-Product Costing
- Basic Knowledge of Finance and Costing topics.
- For Understanding of Product Costing Flow - Please refer my earlier Course "SAP CO Product Costing-By Order Scenario in S4 HANA 1909"
Explanation of Sub Contracting & External Process Mfg.
1). Creation Valuation Classes : 1 for RM , 1 for PACK and 1 for FG
2). Create GL accounts:
RM & PACK Materials-Consumption ,FG Material-COST of MFG from Vendor and Sub Contracting Charges account
3). OBYC Settings for : RM & Pack Materials FG Materials ,Subcontracting Charges-
4). Assign in OKTZ : RM & Pack Materials
4). Create Cost center for Sub Contracting Process and maintenance of OKB9 Settings
5). Design Costing Variant and Valuation Variant of Subcontracting.
6). Create Purchase Order with Item Category L and Transfer posting with respect to Purchase order to vendor
7). Goods Receipt with respect to Purchase order 101 M. Type
External Operation Process Costing.
1). Create GL accounts: FG Materials for External Operation and Assign in OKTZ : in External Operation Component
2). Design Costing Variant and Valuation Variant of External Operation Process
3). Purchase Info Record for External Operation Process and Routing Creation with External process Control Key .
4). Create Production Order and Check Automatically Purchase requisition will be generated and then Purchase order with respect to PR.
5). Goods Receipt with respect to Purchase order & booked to Production Order
6).Check in Production Order in Cost Trend Option- Goods Issue, Activity Confirmation And Goods Receipt.
7).Variance Calculation and Settlement Done.
Who this course is for:
- CPA , CMA , ACCA , CA , MBA , M Com,B Com students and Professionals, SAP FICO Consultants and End Users.
o 12 years and 8 months of SAP CO Consultant (S/4 HANA . ECC & R/3) and 6 + years functional (Non-SAP). Total 18+ years of experience
o 10 Implementations & 13 support projects experience in SAP ECC & S4/HANA CO Product Costing, Material Ledger & COPA, Cost center, Profit Center, Internal Order accounting
o Experience in ECC and S4 HANA 1610, 1809 ,1909, 2020 and 2021 on premise.
Industry Sectors: Cement, Pharma, Steel, Engineering, Chemicals, Foundries and Mining.
o Master of Business Administration (M.B.A) in Finance from Sri Venkateshwara University, 2003.
o Trained SAP CO Course from Authorized training center ATOS Earlier SIEMENS in 2009.
o SAP S4 HANA 1909 & ECC 6.0 Certified
o Ph.D. (Costing) Pursuing: Research Topic-"Product Costing Techniques and Variance Analysis".