SAP Product Costing Part 1- Overview,Planning & Preparation

Learn SAP Product Costing easy way,Be a Pro in SAP Product Costing in 30 Days. This course is part -1 of 5 part series.

3.75 (104 reviews)

Udemy

platform

English

language

SAP

What you will learn

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

Why take this course?

Learn the basic concepts, tools, and functions that you will need to build fully functional Knowledge with SAP PRODUCT COSTING.

Note this course is part-1 of SAP Product Costing Series, It will have multiple courses add in in future series. Each time a new course is added to the series the price will increase. I have planned to add at least 5 more courses to the series.

1-SAP CO-PC Overview (Live)

2-Planning and Preparation (Live) (Added on 02/23/204)

Build a strong foundation in SAP Product Costing and Costing process with this tutorial for beginners and all levels

·Concepts of SAP Product Costing

·SAP Product costing use in Real World

·Build solid foundation for SAP Product Costing Consultant

Build Skills as You Go
Learning the fundamentals of SAP Product Costing Builds a powerful skills as you go. SAP Product Costing is free, easy to learn, has excellent documentation, and is the base for all Functional-oriented Concept with Configuration.

Jobs in SAP Product Costing are plentiful, and being able to learn SAP Product Costing will give you a strong background to more easily pick up other SAP FICO sub modules like Material Ledger and CO-PA.

Content and Overview

Suitable for New SAP Consultants, Experienced SAP FI Consultants trough this course several hours of content, you'll learn all of the SAP Product Costing fundamentals, Experts tips, Configuration and establish a strong understanding of the concept behind costing related process. Each chapter closes with Demo and exercises, putting your new learned skills into practical use immediately.

Starting with the concept of the SAP Product Costing, this course will take you through SAP Product Costing Overview and how to use them.

Students completing the course will have the knowledge to configure SAP Product Costing .You will able to articulate SAP CO-PC and its various usage.

You'll be able to work alongside the author as you work through each concept, and will receive a verifiable certificate of completion upon finishing the course.

Content

Product Cost Controlling-Overview and Concepts

Introduction SAP Product Costing

Product Cost Controlling - Overview

What is Product Costing

Product Costing Basics and Componets

Product Cost Planning

Product Costing – Master data Integration

Valuation area – Its relevance to Product Costing

Cost Object Controlling

Key Points-SAP COPC Overview

SAP CO-PC-Preparing for Product Cost Planning

Preparing for Product Cost Planning-Overview

Product Cost Estimate with Quantity Structure-Overview

SAP CO-PC-SAP Material Master

CO-PC-SAP Material Master View and Table Reference

COPC- System Demo Material Master – Fields Relevant to Product Costing

COPC-SAP BOM-Bill Of Material

CO-PC- SAP Routing

COPC-SAP Costing Variant

COPC-SAP Costing Type

COPC-SAP valuation Variant

COPC-SAP Control in Costing Variant

COPC-SAP Other Settings in Costing Variant

COPC-SAP System Demo-Costing Variant

COPC-SAP Cost Componet Structure

COPC-System Demo Cost Componet Structure

Upcoming Future Courses for the series

Screenshots

SAP Product Costing Part 1- Overview,Planning & Preparation - Screenshot_01

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SAP Product Costing Part 1- Overview,Planning & Preparation - Screenshot_03

SAP Product Costing Part 1- Overview,Planning & Preparation - Screenshot_04

Reviews

Ranjit

April 7, 2022

It is very grateful to me, as i now understood , In product costing there are two phase manly, Product cost Planning and cost object controlling. Basically in planning phase cost of manufacturing product or services is estimated in SAP, and in Actualization time cost object controlling happpens where actual cost booked according to planning head and annalysis conduct for the variance .

Manoj

August 7, 2020

Book is incomplete. Cost object controlling is not covered at all though it is mentioned. So not satisfactory.

Kumar

June 24, 2020

The lecture is of poor quality as it is apparent that the instructor does not have an in-depth understanding of the topic to talk the thought. Rather it is robotically read from some study materials to which he has got his hands on. Time waste for me honestly. Many critical elements were not explained or explained only at elementary level without connecting it to the business context. One random example could be WIP . There was no logical explanation of it on the purpose of it or the financial relevance of WIP. At least the explanation at a summary level could have been provided (WIP is the cost of component raw materials and activities lying on the shop floor which are not yet attributed to a finished good as it gets transferred to stock (Balance sheet). WIP cost is calculated at period end and transferred to Balance sheet so that a reasonable value of the intermediate items are recorded )

Ankur

March 11, 2020

The first 7 mins is just repeating the same sentence over and over... I m sorry but this is not the expectation.

Jennifer

July 24, 2019

So far, just a refresher on Management accounting. However, essential basics. Cannot wait to get into details.

Ramesh

July 6, 2019

It is Good, in presenting in simple understanding. It would be better to explain with several examples (i.e only Book printing is explained), showing with SAP screen shows good understanding.

Anita

January 11, 2019

Instructor has given an easy and precise explanation of the Product costing module and its components. It covers most of the topics in Product costing.

Daniel

September 16, 2018

I was looking for more examples in SAP ... very basic material.... and looks like the instructor was just reading the material...

Mauro

August 6, 2018

Curso abrange amplamente o conteúdo que se propõem a fazer, instrutor demonstra bons conhecimento sobre o componente CO.

Suresh

May 30, 2018

I think the instructor needs to follow SAP MM tutor Shiva's lecture in order to get an idea how to deliver lectures and also rather than reading the slides he needs to relate it to SAP environment by giving appropriate examples. The lecture starts with great expectation and promises but through out the video it never reflects. I could have done a google search and read myself rather then hear from him. Not trying to discourage but improving teaching method could do a great deal.

Sonia

January 23, 2018

The Slides are good but the explanation is not so great. i should be a little more comprehensive. with more examples. for example when explaining costing variant the slides are good but what is being explained is very confusing. same thing i have noticed in other slides too.

Marijn

July 21, 2017

Instructor is just reading the slides. The course is not hands on as so far I'm not sure why this course is called "SAP" product costing. I have not seen any SAP system just yet, only slides.

Pat

August 18, 2016

Content is pretty good, but some sections are repetitive, some recording issues, flew through some topics and referred to SAP F1. Also way too many plugs for other of the instructor's courses.

Sanjay

March 1, 2016

The topics are hardly touched upon and are not covered in even moderate details. This course could have been easily for 6 hrs duration covering the topic in details and then it would have been very useful.

Mohammed

January 16, 2016

1: It's informative but not comprehensive. 2: Production Quality is good. 3: Instructor most of time just reading off the template. Not enough real time scenarios given.

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