Manufactured Products Costing: 06- Cost Centers and Cost Allocation

Part of the product costing playlist ▶️ • SAP S4HANA: Product Co... Production Cost Center must be used to track all manufacturing expenses and allocate them to units produced.
Shared expenses (such as Electricity or Rent) must be allocated to the different cost centers
Don't be shy to ask any questions!
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[@muhammadrashidkhan2332]

Abdullah superab men you are doing sadqa e jaria it is so much helping for me in setting up proper costing system

[@AbdullahGalal]

Glad it helps! thank you

[@zarchekyaw254]

Excellent explanation and can't wait for new video. Thank you for sharing.

[@AbdullahGalal]

You're welcome, thank you for your comment

[@anupambera1068]

This is an immense help to conceptualize and motivated me to take up this complex work. Thank you so much.

[@jefflu8316]

Excellent clarification and vivid example!😀

[@AbdullahGalal]

Thanks! 😃

[@saloom431]

Well explained brother

[@AbdullahGalal]

Thank you 🙂

[@arkalyanchariji]

Always excellent Abdulla

[@AbdullahGalal]

Thanks a lot

[@bhushanvaradkar5750]

Exclent Information. Waiting for Actul costing moth end transactions.

[@AbdullahGalal]

Thank you for the support

[@hishamelsafty1135]

wonderfull abdullah
we are waiting for Manufacturing Actual Cost BP and Demo

[@kristijanjovic3528]

Very well explained and helpful video. Thanks!

[@AbdullahGalal]

You're welcome!

[@javediqbal9817]

Amazing explanation Abdullah Galal

[@AbdullahGalal]

Thanks a lot Jawad :)

[@ossamamadi2604]

Thank you 👍👍👍

[@AbdullahGalal]

Welcome

[@hamzataboubi6744]

Thanks

[@AbdullahGalal]

Welcome

[@sapficowithritu8750]

🙏🙏

[@ankitsaxena5966]

Please make video on Electronic bank reconciliation statement...

[@AbdullahGalal]

It's in the plan

[@user-kx7ch2ye9z]

Could you give a an example with journal entry to credit manufacturing expenses when allocated to product
Thanks much for your efforts

[@AbdullahGalal]

Sure, will cover all financial entries during the system demo

[@sumit050607]

@@AbdullahGalal Eagerly awaiting for the same. By when we can expect the same?

[@jahangirghouri63]

it was good explained, if production cost centers balance after run of ML is not zero and under/over absorption of cost exhibit is this period cost? how it impact product cost? please answer

[@AbdullahGalal]

Hi, the variance is completely settled to COGS and Inventory based on how many units were sold, the cost center after the ML settlement will always have a zero balance

[@TheHamdy23]

Still waiting costing with material ledger

[@hanihasan2343]

Good content, but bro, please work on your accent. God bless.

[@AbdullahGalal]

wow

[@karaiperu]

Hi Abdullah,
I would like to check with you whether it’s possible to generate P&L report by cost center? If not possible, please help to explain why?

[@AbdullahGalal]

Ofcourse it's possible! we use the report painter to do this

[@stacia914]

Do you provide private business consultation?

[@AbdullahGalal]

Hi Stacia, I do help many companies improve the way they use SAP. If you would like to discuss then please send an email to [e-mail]

[@sugayagan]

Any real time examples?

[@AbdullahGalal]

Full S4HANA demo will be published soon

[@sugayagan]

@@AbdullahGalal am waiting