SAP Product Costing Training
The main goal of SAP Product Costing Training is to teach participants how to manage and analyze the expenses related to manufacturing items using SAP’s Product Costing (CO-PC) module. The program offers insights into efficiently managing product costs within a company by covering cost planning, cost estimating, cost object management, and production orders.
- 10+ Courses
- 30+ Projects
- 400 Hours
SAP Product Costing Training is suitable for the following target audiences:
Cost Accountants: Cost accountants are experts who monitor, control, and evaluate the expenses of goods.
Finance Managers: Those in charge of managing finances want to use SAP to expedite cost management procedures.
Manufacturing Professionals: Manufacturing professionals manage or plan manufacturing to maximize the profitability and cost of a product.
SAP consultants: Consultants with a focus on SAP implementation who, to provide better client service, should expand their knowledge of product costing.
Business analysts: These analysts work primarily with financial data and are interested in using SAP product costing technologies to improve analysis and cost control.
SAP Product Costing Consultant: Helping companies set up and maximize SAP’s product costing features.
Cost accountant: Managing, analyzing, and reporting on manufacturing costs using SAP product costing tools.
Financial Analyst: Using SAP product costing data, concentrating on profitability analysis and cost control.
SAP Finance Analyst: Contributing to finance teams’ efforts to link SAP product costing to more extensive financial processes.
Manufacturing Cost Controller: Manufacturing cost controllers oversee cost structures and ensure manufacturing companies carry out product costing procedures effectively.
These positions offer excellent pay and chances for professional progression in the USA and Canada and are in high demand in sectors like manufacturing, technology, automotive, and pharmaceuticals.
- An Overview of SAP Controlling (CO)
- What does product costing do in manufacturing?
- Costing methods: Standard, Actual, and Preliminary costing
- Working with SAP PP, MM, and FI
- Hands-on: Look at the menus and basic settings for product costing.
- The main and secondary cost elements
- An overview of cost center accounting
- Types of activities and planning
- Postings to cost centers
- Hands-on: Make cost centers and cost elements
- Material master views for figuring out costs
- Costing and valuation options
- Structure of quantity (BOM and Routing)
- Structure of cost components
- Hands-on: Configure costing variants
- Standard cost estimate with a structure for quantity
- The cost roll-up process
- Marking and releasing normal costs
- Cost change to the material master
- Hands-on: Run the standard cost run
- Orders for production and orders for processes
- Collecting actual costs
- Calculating variance
- Settlement to FI
- Hands-on: Look at differences in production
- Different kinds of variances (price, quantity, mix)
- Cost component split
- Reports on the cost of goods
- Activities at the end of the period
- Do it yourself: Make variance reports
- Working together with SAP PP and MM
- An overview of Material Ledger and Actual Costing
- How to Calculate the Cost of a Product in SAP S/4HANA
- Best practices and problems that happen a lot
- Hands-on: The flow of end-to-end costing
- The whole cycle of costing a product
- Scenarios at the end of the year and the end of the period
- Questions for interviews and help with getting certified
- Final project
SAP Product Costing figures out how much it costs to make things and helps with pricing and making money.
It helps to know a little bit about SAP or accounting, but it is not required.
The duration is 2 months (8 weeks), with sessions held 2 times per week (either during week or weekends), including theory, hands-on practice and project work.
Yes, upon successful completion, you’ll receive a Certificate of Completion from Checkmate IT Tech.
Yes. Every week has real business situations and practical exercises.
We offer online training classes to promote easy access to all candidates. Recordings are also made available for revision or if you miss a session.
Yes. We provide resume reviews, mock interviews, LinkedIn optimization, and guidance on job portals to help boost your chances in the job market.
Yes, of course. There is a lot of information about how to calculate and analyze variance.
Cost accountants, SAP consultants, finance experts, and manufacturing planners should undergo this training.
You can enroll via our website or contact our support team directly via email or phone. We’ll guide you through the quick and easy registration process.
Email info@checkmateittech.com OR Call Us +1-347-4082054
- Submit Form
Job opportunities in USA and Canada
SAP Product Costing Consultant: Helping companies set up and maximize SAP’s product costing features.
Cost accountant: Managing, analyzing, and reporting on manufacturing costs using SAP product costing tools.
Financial Analyst: Using SAP product costing data, concentrating on profitability analysis and cost control.
SAP Finance Analyst: Contributing to finance teams’ efforts to link SAP product costing to more extensive financial processes.
Manufacturing Cost Controller: Manufacturing cost controllers oversee cost structures and ensure manufacturing companies carry out product costing procedures effectively.
These positions offer excellent pay and chances for professional progression in the USA and Canada and are in high demand in sectors like manufacturing, technology, automotive, and pharmaceuticals.
