SAP S/4 HANA 2023: Controlling->In-depth "Material Ledger"

Name: SAP S/4 HANA 2023: Controlling->In-depth "Material Ledger"
Rating: 4.7 (9 reviews)

SAP S/4HANA 2023: "CONTROLLING" for all costing scenarios with Material Ledger-Legal, group and Profit center valuations

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

Last updated 8/2024

English

What you'll learn

SAP S4 HANA : In-depth Controlling with End to End process of each technique
Product Costing : By order , By Sales order AND By Period
Material Ledger / Actual Costing with Multiple Valuations- Legal. Group and Profit center Valutions.
Account Based COPA-Margin Analysis process

Course content

1 section • 20 lectures • 64h 46m total length

Introduction & Enterprise Structure of SAP S/4 HANA 20232:51:22
Overview of SAP S4HANA of Business Process and Manufacturing process AND SAP Enterprise organizational structure setup in SAP: FI, MM, SD, Logistics General and Execution create and assignment.
Currency Types and Controlling Area Setup3:35:09
Discussion on different currency types: Finance, Inventory-Material Ledger, and Controlling Object.
G/L accounts creation and FI,CO,MM, SD Process : FI-MM : OBYC & FI-SD VKOA setup3:30:04
Explanation of key processes in Materials Management (MM), Production Planning (PP), and Sales and Distribution (SD) modules, including relevant accounting entries (OBYC for MM, VKOA for SD) and setup.
Configuring cost component structures (Main and Auxiliary)-OKTZ3:20:10
Deep explanation of cost component structures of Main and Auxiliary and their configuration
Costing Variant and Its Components3:24:40
Deep Explanation of costing variants, Valuation variants, Costing types etc.. and their associated components
Master data: Profit Center, Cost Center Design and Activity Types and CC plan3:20:26
Cost Center Planning : Details on cost center planning processes using SAP transactions KP26, KP06, KSS4, and KSPI.
Overhead Concepts: Costing sheets, Template and Primary cost component split3:40:36
1). Explanation of overhead allocation methods, costing sheets, Template allocation and primary cost component splitting.
2). Material Ledger Configuration-Multiple Valuations & CKMSTART for Plants
Account based : Margin Analysis COPA Configuration and Standard Cost Calculation3:27:58
1). Setup of Account-Based Profitability Analysis (COPA) for Margin Analysis. AND RM, FG Materials creation, Design of Bill of Materials (BOM), Resources/Work centers, and Master recipes/Routing for finished goods AND Explanation of the process of calculating standard costs.
2). Product Cost by order - Process Order
Configuration of allocation structures, variance calculation, and settlement in cost object controlling and test cycle
Production Process with Work in process3:08:10
Deep Explanation of how Work-in-progress (WIP) is calculated in production processes.
Business Scenario: Subcontracting & External Process of "Product Costing"1:01:30
Product Costing" , subcontracting and external processing involve specific costing techniques.
For subcontracting, costs are primarily tracked through the subcontracting purchase order, which includes both the material provided and the service costs.
External processing costs are managed through the external operations in a production order, capturing the costs incurred for outsourced processing steps.
Business Scenario: Mixed Costing Process with Split Valuation3:10:11
Covering Mixed costing by Implementing with Splitt Valaution with fully FI & MM integration for semifinshed materials and finished goods.
Business Scenario: Joint Production and By-product Costing3:06:25
Handling costing in joint production and by-product scenarios.
Business Process: Product Cost by Sale Order (MTO Scenarios)3:23:09
MTO : Business Process: Explanation of how to calculate product costs based on sales orders with Valuated and Non Valuated
CKMLCP/Actual Costing Execution with Explanation of values flows.3:16:27
CKMLCP (Actual Costing) in SAP calculates actual costs by revaluating inventory and Cost of Goods Sold (COGS) at period-end, incorporating variances from production. It adjusts inventory values and COGS based on actual costs, ensuring accurate financial statements. This process helps in reflecting true production costs by allocating variances to materials and products.
Business Scenario: Product Cost by Period and Setup of Transfer Pricing of ML3:38:58
Business Scenario: Transfer Pricing Discuss end to end process3:26:07
Business Scenario: Engineer to Order and Activity Bases Costing process3:15:52
COGS Split, Price Variance Split and Attributed Profitability analysis-Order3:32:48
COPA Realignment, COPA Assessment, COPA derivation & Universal allocation-FIORI2:59:21
Material Ledger: CKMDUVMAT & CKMDUVACT & Full cycle costing with SFG and FG.3:36:54

Requirements

Basic SAP FI knowledge is required and also Costing Background as Domain

Description

Integrated Financial & Managerial Accounting: Provides a foundation for enhanced decision-making through precise cost tracking and analysis across multiple business processes.
Essential Settings: Establish and configure organizational structures such as Company Code, Plant, and Storage Location. Ensure seamless integration with core modules like FI, MM, SD, PP, and PS for effective operations.
Costing Configuration: Focus on the design and setup of costing sheets, along with the development of cost component structures and overhead accounting methods to meet business needs.
Product Costing Scenarios: Address various scenarios, including production, process, and sales order costing. Incorporate Make-to-Stock, Make-to-Order, and Engineer-to-Order scenarios for comprehensive coverage of diverse production processes.
Material Ledger Focus: Implement legal, group, and profit center valuations, leveraging transfer pricing logic to align with dynamic business requirements.
Valuation Techniques: Conduct group assessments, manage cross-company transfers, and handle intracompany moves with precise variance distribution and accurate reporting.
Advanced Costing Methods: Explore CO-OM-ABC (Activity-Based Costing) for accurate cost allocation. Address joint production, by-product costing, and subcontracting processes with efficiency.
Material Ledger Functionalities: Perform in-depth examinations of actual costing and its effects on financial postings. Utilize COPA for comprehensive margin analysis and performance evaluation.
Outcome: Gain expertise in Material Ledger , Product Costing and bit COPA functionalities. Acquire the skills necessary to configure, analyze, and optimize costing across diverse and complex business scenarios.

Who this course is for:

All Commerce, Accounts, Finance and Management accounting back ground persons..