Advanced Product Costing With Mto And Mts In S4Hana

An ultimate guide to product costing in complex industries

What you'll learn

What is product costing

The motive behind performing product costing

Product Cost planning and its variants

Introduction to WIP

More about product cost controlling

Costing Methods in SAP

Components of product cost planning

Understand the material master data like enver before

A simple product costing run

An in-depth introduction to BOM

Creation of BOM in SAP

Execution of standard cost estimate with BOM

Detailed introduction to costing variant

What and Why of Activity types

Creation of activity types in SAP

Cost center planning

Activity type planning for Product Costing

Introduction to work center

Creation of work center in sap

What is Routing

Creation of routing in SAP

Product costing run with BOM and routing

What are Overheads?

Introduction to Costing Sheet

Creation of Costing Sheet in SAP

Product Costing run with BOM, Routing and Costing Sheet

Introduction to product cost components

A detailed view into Cost Component Structure and Creation in SAP

Configuring Costing Variant for product costing

Configure Costing Type

Configure Date Control

Configure Quantity Structure Control

Configure Transfer Control

Configure Reference Variant

Final execution of Standard Cost Estimate

Marking and Releasing of Costs

Introduction and importance of unit cost estimate

Creation of base planning object

Creation of cost estimate without quantity structure

introduction to cost object controlling

What is simultaneous costing and preliminary costing

Make to stock - Product Cost by Order introduction

Configuration for Production Order

Creation of production order

Goods Issue to production Order in MTS

Activity confirmation on Production order in MTS

Overhead calculation on production order in MTS

Goods Issue from Production order to Inventory in MTS

Introduction to Results Analysis in cost object controlling

Configuration for variance calculation

Execution of variance on production order

Setup for variance calculation

Configuration for production order settlement

Execution of Variance + Settlement

Introduction to Work in Process in MTS

Configuration for WIP

Scenario building and execution of WIP in MTS

Settlement scenario with WIP in MTS

Settlement scenario with WIP + Variance in MTS

What is Reserves?

Scenario execution for Reserves

Conclusion of Make to Stock scenario

Introduction to COPA and COGS split from product costing point of view

Introduction and overview of predictive accounting

Configuration for COGS Split

Scenario execution with COGS split

Variance Split introduction and configuration

Execution of scenario with Variance Split

Introduction to Make to Order / Sales order costing

Different methods of MTO

Configuration for MTO

Creation of sales order for MTO

Planned order creation for MTO

Creation of production order against SO in MTO

Sales order line item costing in MTO

Transfer postings for sales order stock reservation in MTO

Goods Issue to production Order in MTO

Production Order activity confirmation in MTO

Overhead calculation on production order in MTO

Goods receipt from production order to SO in MTO

Results analysis on production order in MTO

Settlement of production order to sales order in MTO

Delivery and Billing posting on Sales Order in MTO

Settlement of Sales order to COPA in MTO

Requirements

Beginner level understanding on FI and CO modules

Beginner level understanding of FI-MM Integration

Beginner level understanding of FI-SD Integration

Description

Are you an SAP consultant or an aspiring professional eager to master advanced product costing concepts in SAP S/4HANA? Are you looking to enhance your expertise in Make-to-Stock (MTS) and Make-to-Order (MTO) processes to become a sought-after expert in SAP implementation and configuration? This course is your gateway to unlocking the secrets of advanced product costing in SAP S/4HANA.This comprehensive course takes you through the entire product costing lifecycle, from understanding the fundamentals of cost planning to executing complex costing scenarios in MTS and MTO environments. With a focus on hands-on, practical learning, you will gain in-depth knowledge of cost planning, controlling, and reporting, along with configuration skills that will set you apart in your SAP career.By the end of this course, you will be equipped with the skills to:Execute standard and advanced costing runs with BOMs, routings, and costing sheetsConfigure cost components, costing variants, and valuation variantsManage cost object controlling, WIP, and variance calculationsImplement MTS and MTO processes with seamless integration to COPA and COGS splitThis course is designed for SAP functional consultants, costing specialists, and finance professionals who want to deepen their understanding of SAP product costing and gain the confidence to handle real-world costing scenarios in S/4HANA.Course OverviewBelow is a detailed breakdown of the key topics covered in this course:Module 1: Introduction to Product CostingWhat is Product Costing?The Motive Behind Performing Product CostingProduct Cost Planning and Its VariantsIntroduction to WIP (Work in Process)More About Product Cost ControllingModule 2: Costing Methods in SAPCosting Methods OverviewComponents of Product Cost PlanningUnderstanding Material Master Data Like Never BeforeModule 3: Product Costing Run with BOMA Simple Product Costing RunIn-Depth Introduction to BOM (Bill of Materials)Creation of BOM in SAPExecution of Standard Cost Estimate with BOMModule 4: Costing Variants and Activity TypesDetailed Introduction to Costing VariantsIntroduction to Activity TypesCreation of Activity Types in SAPCost Center Planning and Activity Type PlanningModule 5: Work Centers and RoutingsIntroduction to Work CentersCreation of Work Centers in SAPWhat is Routing?Creation of Routing in SAPProduct Costing Run with BOM and RoutingModule 6: Overheads and Costing SheetsWhat Are Overheads?Introduction to Costing SheetsCreation of Costing Sheets in SAPProduct Costing Run with BOM, Routing, and Costing SheetsModule 7: Cost Component Structure and Costing Variant ConfigurationIntroduction to Product Cost ComponentsDetailed View into Cost Component StructureConfiguring Costing Variants for Product CostingConfiguring Costing Type, Valuation Variant, Date Control, Quantity Structure Control, Transfer Control, and Reference VariantsModule 8: Standard Cost Estimate ExecutionFinal Execution of Standard Cost EstimateMarking and Releasing CostsIntroduction and Importance of Unit Cost EstimatesCreation of Base Planning ObjectsCreation of Cost Estimates Without Quantity StructureModule 9: Cost Object ControllingIntroduction to Cost Object ControllingSimultaneous and Preliminary CostingModule 10: Make-to-Stock (MTS) Product CostingIntroduction to MTS Product Cost by OrderConfiguration for Production OrdersCreation of Production OrdersGoods Issue to Production Orders in MTSActivity Confirmation on Production Orders in MTSOverhead Calculation on Production Orders in MTSGoods Receipt from Production Orders to Inventory in MTSModule 11: Results Analysis, Variance Calculation, and SettlementIntroduction to Results Analysis in Cost Object ControllingConfiguration for Variance CalculationExecution of Variance on Production OrdersSetup for Variance CalculationConfiguration for Production Order SettlementExecution of Variance and SettlementModule 12: Work in Process (WIP) in MTSIntroduction to WIP in MTSConfiguration for WIPScenario Building and Execution of WIP in MTSSettlement Scenarios with WIP and VarianceModule 13: Reserves and Scenario ExecutionWhat Are Reserves?Scenario Execution for ReservesConclusion of the Make-to-Stock ScenarioModule 14: Introduction to COPA and COGS SplitIntroduction to COPA and COGS Split from Product Costing Point of ViewIntroduction to Predictive AccountingConfiguration for COGS SplitScenario Execution with COGS SplitVariance Split Introduction and ConfigurationExecution of Scenarios with Variance SplitModule 15: Make-to-Order (MTO) Product CostingIntroduction to MTO/Sales Order CostingDifferent Methods of MTOConfiguration for MTOCreation of Sales Orders for MTOPlanned Order Creation for MTOCreation of Production Orders Against Sales Orders in MTOSales Order Line Item Costing in MTOTransfer Postings for Sales Order Stock Reservations in MTOModule 16: MTO Production Order ExecutionGoods Issue to Production Orders in MTOProduction Order Activity Confirmation in MTOOverhead Calculation on Production Orders in MTOGoods Receipt from Production Orders to Sales Orders in MTOResults Analysis on Production Orders in MTOSettlement of Production Orders to Sales Orders in MTODelivery and Billing Posting on Sales Orders in MTOSettlement of Sales Orders to COPA in MTOWhy Take This Course?This course is meticulously designed to help you:Understand the intricate details of product costing in SAP S/4HANAGain hands-on experience in configuring and executing complex costing scenariosBridge the gap between theoretical knowledge and real-world applicationPrepare for SAP implementation projects with confidenceDon't miss the opportunity to become a master in SAP product costing, whether you are looking to advance your career, crack interviews, or excel in your current role. Join now and take a leap toward becoming a trusted SAP consultant in advanced product costing with MTS and MTO processes!

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 What Is Product Costing

Lecture 3 Motive Behind Product Costing

Section 2: Product Cost Planning

Lecture 4 Product Cost Planning and Its Variations

Lecture 5 Introduction to Work In Progress in SAP PP

Lecture 6 More About Product Cost Controlling

Lecture 7 Costing Methods in SAP

Lecture 8 Components in Product Costing

Section 3: Cost Estimate Calculation

Lecture 9 Understand Material Master Like Never Before

Lecture 10 Product Costing Run - A simple scenario

Lecture 11 An in-depth introduction to Bill of Materials

Lecture 12 Creation of Single Material BOM in SAP

Lecture 13 Execute Standard Cost Estimate with BOM

Lecture 14 Introduction to Costing Variant

Section 4: A Detailed Recap (Pls do not skip this)

Lecture 15 A detailed recap (do not skip)

Section 5: Cost Estimate Run - Level 2

Lecture 16 Creation of BOM with Multiple Materials

Lecture 17 Cost Estimate with a multi-material BOM and understand Valuation Variant

Lecture 18 Understanding Costing Variant - Part 1

Section 6: Adding a flavor of Production Planning to Costing Run

Lecture 19 Detailed Understanding and Creation of Activity Types

Lecture 20 Cost Center Planning, Activity Planning and Reconciliation

Lecture 21 What and Why of Work Centers in SAP PP

Lecture 22 A Quick Recap Again (Don't Skip)

Lecture 23 Routing Concept and Config

Section 7: Cost Estimate Run - Level 3

Lecture 24 What is a Cost Component Structure - Part 1

Lecture 25 Cost Estimate Run with Cost Component Structure

Lecture 26 Overheads and Costing Sheet

Lecture 27 Cost Estimate Run with Costing Sheet

Lecture 28 Assignment

Lecture 29 In-depth about Cost Component Structure - Part 2

Lecture 30 Costing Variant - Part 2

Lecture 31 More about costing type

Lecture 32 More about Valuation Variant

Lecture 33 Date Control

Lecture 34 Quantity Structure Control

Lecture 35 Transfer Control and Reference Variant

Section 8: Marking and Releasing of Cost Estimates

Lecture 36 Marking and Releasing Cost using CK24

Lecture 37 A brief on how to use CK40N

Section 9: More about Product Cost Planning

Lecture 38 Recap Of Product Cost Planning (don't skip)

Lecture 39 Introduction To Unit Cost Estimate

Lecture 40 Creation Of Base Planning Object

Lecture 41 Cost Estimate Without Quantity Structure

Section 10: Cost Object Controlling

Lecture 42 Introduction To Cost Object Controlling

Lecture 43 Simultaneous Costing and Preliminary Costing

Section 11: Make to Stock using Production Order

Lecture 44 Production Order (MTS) Configuration

Lecture 45 Creation Of Production Order

Lecture 46 Activity Confirmation Against Production Order

Lecture 47 Goods Issue to Production Order

Lecture 48 Overhead Calculation in MTS scenarios

Lecture 49 Goods Receipt from Production Order in MTS

Lecture 50 Introduction To Variance Calculation in MTS

Lecture 51 Configuration For Variance in MTS

Lecture 52 Scenario Building with Variances in MTS

Lecture 53 Variance Calculation Setup

Lecture 54 Settlement Configuration in MTS

Lecture 55 Settlement Run for Variance Posting in MTS

Lecture 56 Introduction To WIP in MTS

Lecture 57 Configuration for WIP in MTS

Lecture 58 WIP Calculation Scenario Run

Lecture 59 WIP + Variance Scenario Run in MTS

Lecture 60 Reserves in MTS - Scenario Run

Lecture 61 Conclusion - Make To Stock

Section 12: COPA in Product Cost Controlling

Lecture 62 Introduction to COPA and COGS Split

Lecture 63 Preview Of Predictive Accounting in COPA for Sales Cycle

Lecture 64 Config for COGS Split

Lecture 65 COGS Split Scenario with Predictive Accounting Impact

Lecture 66 Variance Split Config

Lecture 67 Variance Split Scenario Execution

Section 13: Make to Order Scenario

Lecture 68 Introduction to MTO

Lecture 69 Different Methods in MTO

Lecture 70 Configuration for Make to Order Scenarios

Lecture 71 MTO scenario - Create Sales Order

Lecture 72 Creation of Planned Order in MTO scenario

Lecture 73 MTO - Creation of Production Order Against Sales Order

Lecture 74 MTO - Sales Order Line Item Cost Estimate Creation

Lecture 75 Transfer Posting for Sales Order Stock Reservation in MTO

Lecture 76 MTO - Issue of Raw Materials to Production Order

Lecture 77 MTO - Production order Activity Confirmation Posting

Lecture 78 MTO Production Order Overhead Calculation

Lecture 79 MTO - Goods Receipt from Prod Order

Lecture 80 MTO - Results Analysis on Production Order

Lecture 81 MTO - Settlement of Production Order to Sales Order

Lecture 82 Delivery and Billing Document Creation Against SO in MTO scenario

Lecture 83 MTO Settlement of Sales Order to COPA

Section 14: Practice and Notes

Lecture 84 Practice Test

Lecture 85 Notes Excel

Section 15: Key Words

Lecture 86 Key Words

Lecture 87 Thank you

SAP Finance Consultants,Beginners in SAP FICO,Accountants,Cost Controllers working on SAP,SAP FICO Experts looking to learn product costing