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Published 12/2022MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHzLanguage: English | Size: 4.03 GB | Duration: 5h 11m
In this course we will discuss about product cost by order configuration and end to end business process
What you'll learn
Product Cost by Order for the Discrete Manufacturing Scenario
End to End Product Costing Configuration and processes
Variance Calculation, WIP Calculation
Variance Settlement Postings
Requirements
SAP S4 Hana Controlling Basic Structure
Description
Product CostingProduct costing is used for the calculation of cost of goods manufactured.
COGM is comprised of· Material Cost· Activity Cost (Direct Overhead)· Indirect Overhead CostProduct Costing is divided into three main phases· Planning (Standard Cost Estimation)· Cost Object Controlling· Material Ledger Actual CostingDifferent types of cost estimation can be calculated in product costing like· Base Planning Object (BPO)· Cost Estimations without Quantity Structure· Cost Estimation with Quantity StructureQuantity structure is comprised of BOM & Routing / Master Recipe. In the Bom we specify the material those will be used for the manufacturing of finished goods. In routing we specify the activities which will be performed on raw material or semi-finished goods to convert them into final product.Standard Cost Estimation (Planning)Costing Variant:In the costing variant we specify the process for the calculation of material cost estimate. Following components are used for creating costing variant.· Costing TypeIn the costing type we specify which type of cost we are calculating. Different types of costing variants can be created to calculate different types of costs like standard cost, quotation cost etc.· Valuation VariantIn the valuation variant we specify how the cost will be calculated. Followings are the components of valuation variants.o Material Valuationo Activity Types / Processeso Subcontractingo External Processingo Overhead§ Costing Sheet· Date ControlIn date control we specify the validity of the date.· Quantity Structure ControlIn quantity structure control we specify Bom application area and routing selection ID.· Transfer ControlIn the transfer control we specify that the cost of the material will be transferred from single plant or from cross plant too.· Reference VariantCost Object Controlli cost controlling we specifyCosting Variant for plan cost Costing Variant for actual cost WIP (Result Analysis Key) Variance (Variance Key) SettlementProduct Costing Scenarios Product Cost by Ordero Production Ordero Process Ordero CO Order Product Cost by Period Sales Order CostingCosting SheetCosting sheet is used to allocate the overheads from cost center to the product cost.Cost Component StructureCost component structure will display the breakup of the cost how the total cost will be calculatedIt will be comprised of material cost, activity cost & indirect overhead cost.
Overview
Section 1: Introduction
Lecture 1 Product Costing Overview
Section 2: Costing Variant
Lecture 2 Costing Sheet
Lecture 3 Costing Type
Lecture 4 Valuation Variant
Lecture 5 Date Control
Lecture 6 Quantity Structure Control
Lecture 7 Transfer Control
Lecture 8 Costing Variant
Section 3: Basic Settings for Material Costing
Lecture 9 Cost Component Structure
Lecture 10 Costing Variant for Plan and Actual Cost
Lecture 11 Work in Progress Settings
Lecture 12 Variance Settings
Lecture 13 Production Order Setting
Lecture 14 Controlling - Production Planning Integration
Lecture 15 Financial Accounting - Material Management Integration
Section 4: Cost Estimation Processing
Lecture 16 Material Master Creation
Lecture 17 Bill of Material (BOM) Creation
Lecture 18 Work Center Creation
Lecture 19 Routing Creation
Lecture 20 Standard Cost Estimation
Section 5: Production Processing
Lecture 21 Production Order Creation
Lecture 22 Material Procurement-1
Lecture 23 Material Procurement-2
Lecture 24 Actual Cost Postings to Production Order
Lecture 25 Actual Price Calculation
Lecture 26 Activity Price Revaluation
Lecture 27 Overhead Calculation
Lecture 28 Work In Process Calculation
Lecture 29 Work In Process Settlement
Lecture 30 Variance Calculation
Lecture 31 Variance Settlement
Lecture 32 Collective Cost Estimation
SAP S4 Hana Finance Consultant
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