Published 12/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: 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 ControllingIn 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 calculated?It 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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