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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!

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