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SAP - Product Costing Basic - Course Content

Overview:

SAP PC (Product Costing) will help a company to know the costs incurred by its products in order to successfully manage its product portfolio. Product cost accounting business process has been calculates cost of goods manufactured (COGM) or cost of goods sold (COGS) broken down by each step of the production process.

Training Objectives of PC:

SAP PC training covers the complete functionality of product costing for the particular production type such as make-to-stock or make-to-order or engineer-to-order with the relevant combination of discrete manufacturing process, process manufacturing or repetitive manufacturing processes.

Target Students / Prerequisites:

Knowledge Required on SAP, Accounting and Costing, Bills of Materials and Product Costing

Functional Overview
  • Product Cost Controlling
  • Product Cost Planning
  • Cost Object Controlling with Make to Stock Scenario
Master Data Review for Product Costing
  • Cost Elements
  • Cost Center
  • Activity Types
  • Purchasing Info Record
  • Master Recipe
  • Resources in Process Manufacturing
Product Cost Planning
  • Cost Center Planning
  • Activity Planning
  • Maintain Distribution and Assessment Cycles
  • Distribution and Assessment Execute Plan
  • Activity Rate
  • Costing Variant
  • Cost Estimate including Execute Calculation, Create Material, and Mark and Release Standard
  • Analyze Costing
  • Price Update
  • Mixed Costing
Reporting in Product Cost Planning
  • Summarized Analysis
  • Detailed Reports
PP-PI Make to Stock Cost Object Controlling
  • Product Cost by Order - Make to Stock Value Flow
  • Process Order
  • ME Close Activities with WIP result
  • Settlement
  • ME Close Activities with Variance result
  • Overhead Calculation
  • WIP Calculation
  • Variance Calculation