Course Details

SAP Product Costing Overview

Product Costing is the tool used in SAP for planning costs and establishing material prices. It helps in estimating the Cost of goods sold manufactured and COGS of each for each product unit. SAP provides two different types of material costing process viz Material cost estimate with quantity structure and Material cost estimate without quantity structure. Material cost estimate with quantity structure works in combination of BOM (Bill of Material) and Routing assigned to it. SAP Product Costing training will impart complete knowledge transfer of the SAP Product Costing concepts and their implementation in the real-time scenarios.

Course SAP Product costing Training
Mode of Training Instructor Led Live Online Training
Duration 30 hours
Timings Flexible (Our Rep will work with you on the timings that suits your needs)
Course Material Our Expert Trainer will share you all the necessary course material,  ppts, videos and pdfs
Examples Trainer will cover Real time scenarios during the training
Interview Questions Click here to see the Interview Questions
Certification Click here to know about the SAP Product costing Certification
Salary Trends Check here to see the salary trends here.

After the completion of SAP Product Costing training, a participant will be able to

  • Understand Basics of Product Cost Planning
  • Explain SAP Product Costing
  • Understand Components of Product Cost Controlling in SAP
  • Understand the cost object Controlling
  • Understand the relevance of Valuation Area in COPC
  • Become a CO-PC consultant

Following candidates can attend SAP Product Costing training

  • Best suited for SAP End Users and SAP consultants
  • Freshers with Cost Accounting background
  • Newbies with basic understanding of Business
  • Any graduate with Finance back ground

Basic knowledge required on SAP, Accounting and Costing, Bills of Materials and Product Costing

Self Paced Learning moves at a pace set by the learner and is cost effective. It boosts the retention of information simultaneously to a large number of people. Self paced training is for the people who want to go fast track and want to finish the course in a minimal time.

These SAP Product Costing Training videos are carefully developed in such a way that even a fresher can easily understand and learn the product at his/her own pace. On the other hand, Live Online Training takes place at a scheduled event or time where an Instructor plays an important role throughout the learning process.

SAP Product Costing Training course is developed by the team of Product Costing experts having 10 years of experience in IT and 5 years in teaching SAP Product Costing.

What we promise at TekSlate:

1) We offer flexible timings unlike most other mediums of training, students can pick their own schedule according to their availability.

2) We offer free demo session, students can attend the demo session, asses the trainer and then join the course.

3) We offer excellent course material and also share project scenarios which are similar to what you work when you go to the corporate environment.

4) We share videos of each training session so that you can review them later as well. The videos developed by experts make it more easier for the learning professionals.

SAP Product costing curriculum

Learning Objectives: Product Cost Controlling, Product Cost Planning, Cost Object Controlling with Make to Stock Scenario.

Topics include: Integration, master data configuration, Costing Run.

Practicals to be covered: Value flows in SAP controlling, step by step examples, Configuration for product costing, Detailed month end closing process.

Learning Objectives: Cost Elements, Cost Center, Activity Types, Purchasing Info Record, Master Recipe, Resources in Process Manufacturing.

Topics include: Material cost estimate, Basic planning objects, Sales order cost estimates.

Practicals to be covered: Running the costing exceptions report, reviewing costed routings.

 Learning objectives: Understanding  and explaining basic product cost planning, Understand components and cost controlling sap.

Topics: SAP CO-PC Overview, Planning and Preparation.

Practicals to be covered: Understand the relevance of Valuation Area in COPC, Contents and overview.

Production Order Control for Product Cost by Order, Sales Order Costing for Product Cost by Sales Order, Product Cost Collector Control for Product Cost by Period, Display Planned Costs.

Learning Objects: Cost Center Planning, Activity Planning, Maintain Distribution and Assessment Cycles.

Topics include: Distribution and Assessment Execute Plan, Activity Rate, Costing Variant, Cost Estimate including Execute Calculation.

Practicals to be covered: Detailed information about the costs contained in a material cost estimate or base object cost estimate, sorted by cost element.

Learning Objects: Analyze Costing, Price Update, Mixed Costing, Reporting in Product Cost Planning, Summarized Analysis, Detailed Reports.

Topics: Standard cost estimate, inventory cost estimate, modified standard cost estimate, current cost estimate.

Practicals to be covered: In practical we will learn about,  future and current standard price.

        Learning Objects: This describes the production of materials in a production run. You can create a master recipe either with reference to a material (the primary product) or to the process.

 Topics include: 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.

Practicals to be covered: Controls the valuation of the material and the assignment of the material to a G/L account and therefore to a primary cost element.

     Learning Objects: A work order sheet is used to trace a batch of products as it goes through the differnt    process steps. The actual costing system measures all cost components—direct material, direct labor, and    manufacturing overhead—at their actual values to calculate product cost.

Topics include: Overhead, Calculation Base, Overhead Rate, Credit Key, Cost Component Terms, Cost Components with Attributes, Cost Component View, Organizational Units of Cost Components, Cost Component Groups.

Practicals to be covered:  In practical we will learn about,costing sheets and components of sheets.

      Learning Objects: This document explains the costing Variant configuration and components assigned to costing variant like Valuation variant, Qty structure Control, Transfer Control and Assignments.

Topics include: Define Costing Variant, Costing Type, Valuation Variant, Date Control, Quantity Structure Control.

Practicals to be covered: In practical we will learn about, costing varient, control (costing type, valuation varient, internal activity, subcontracting, external processing, cost overheads).

Faq's

Tekslate basically offers the online instructor-led training. Apart from that we also provide corporate training for enterprises.

Our trainers have relevant experience in implementing real-time solutions on different queries related to different topics. Tekslate also verifies their technical background and expertise.

We record each LIVE class session you undergo through and we will share the recordings of each session/class.

If you have any queries you can contact our 24/7 dedicated support to raise a ticket. We provide you email support and solution to your queries. If the query is not resolved by email we can arrange for a one-on-one session with our trainers.

You will work on real world projects wherein you can apply your knowledge and skills that you acquired through our training. We have multiple projects that thoroughly test your skills and knowledge of various aspect and components making you perfectly industry-ready.

Our Trainers will provide the Environment/Server Access to the students and we ensure practical real-time experience and training by providing all the utilities required for the in-depth understanding of the course.

If you are enrolled in classes and/or have paid fees, but want to cancel the registration for certain reason, it can be attained within 48 hours of initial registration. Please make a note that refunds will be processed within 30 days of prior request.

The Training itself is Real-time Project Oriented.

Yes. All the training sessions are LIVE Online Streaming using either through WebEx or GoToMeeting, thus promoting one-on-one trainer student Interaction.

There are some Group discounts available if the participants are more than 2.

As we are one of the leading providers of Online training, We have customers from USA, UK, Canada, Australia, India and other parts of the world.

SAP Product Costing Certification

After the completion of SAP Product Costing training, it would be a priority point for a participant to achieve SAP Product Costing Certification as the corporate world accepts profile that is arrayed with technology certifications. Benefits of being certified in SAP Product Costing application would be:

  • Distinguished as an expert in the IT market.
  • Racing in low competition area in SAP Product Costing platform
  • Remunerated with an uncommon package.

To achieve SAP Product Costing Certification, you need to visit the following site https://goo.gl/HDACLZ

Course Reviews

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      • I have enrolled last month, and finished the course... As a working professional, they given me an exposure to the domain, but also helped to learn the cross technologies and develop an inclination to ...
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