SAP Product Costing in SAP S/4 HANA | Vikram Fotani

Unlock the secrets of SAP Product Costing in this comprehensive video guide! Whether you're an SAP consultant, an end user, or a business professional looking to enhance your understanding of product costing processes, this video is your go-to resource.
Join us as we dive deep into the intricacies of SAP Product Costing, exploring its methodologies, techniques, and best practices. We'll walk you through the step-by-step process of configuring and implementing product costing in SAP, ensuring accurate and transparent cost calculations for your organization.
Discover the various components involved in SAP Product Costing, such as material cost estimates, activity-based costing, overhead allocation, and cost roll-up. Gain insights into the integration with other SAP modules, such as SAP Material Management (MM) and SAP Production Planning (PP), to streamline data flow and optimize costing processes.
Learn how to effectively analyze and interpret product cost reports, enabling you to make informed decisions regarding pricing, profitability analysis, and cost optimization. We'll cover topics like standard cost vs. actual cost, variance analysis, and cost object controlling, empowering you with the knowledge to identify cost drivers and take corrective actions.
Throughout the video, we'll share real-world examples, industry case studies, and expert tips to enhance your proficiency in SAP Product Costing. We'll also address common challenges and pitfalls, providing practical solutions and strategies to overcome them.
So, whether you're a seasoned SAP professional or just starting your SAP journey, this video is your comprehensive guide to mastering SAP Product Costing. Subscribe to our channel for more valuable content, and join the discussion in the comments section below.
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[@prathibhaA87]

Beautifully explained. Thank you very much.

[@DevendraMohan-s2v]

Wonderfully explained with real clear concepts

[@RA-rh5lb]

Thanks for the insightful video on product costing. I wish you could have shown the period closing process also could have helped the beginners.

[@suryanshjain4048]

Beautiful. Just a question, for component materials cost in accounting 1 tab will be directly updated manually or it is calculated by using any formula?

[@vikashdhiman2225]

Hello Vikram,
I believe you are aware that Production version is a mandatory master data for discrete manufacturing like repetitive and PI industry.
Does it have any impact on Product costing. Like if we do not have product version whether BOM and routing will explode for costing or not.
Can you please share your thoughts on the same.

[@nishitshah7988]

Explained very well 👏

[@harshadarawool6689]

Thank you sir understood the concept 🙏

[@udayteja6595]

Waiting for few more videos covering cost object controlling and integration with financial accounting.

[@VikramFotani]

Hello, this is Govind from GLS
Please check the link below for full video package
www.gauravconsulting.com/sap-s4-hana-video-courses

[@RA-rh5lb]

When will start your next CO batch in sap s4hana. I am interested in joining your demo and join the class

[@VikramFotani]

We have recorded video of April'24 batch
Course link: www.gauravconsulting.com/product-page/sap-s-4-hana-controlling-videos

[@satishgupta9608]

Basically,
Raw Material Cost + Activity Cost = Product Cost
But it is easy to know RM Cost bcz SAP takes actual RM cost but someone has to derive Activity Cost for KP-26 and SAP technical person is not right guy for it even a Chartered Accountants are also not qualified for that. So, it become crucial who is calculating Activity Cost and his accuracy will be decide the product cost.

[@abhishekgrampurohit4080]

Hi..are these activities same as standard value key defined in Work centre...

[@TheJaebeomPark]

great video!

[@maheshkashthuri6217]

What are the SAP FICO CONSULTANT part in product costing?
I have faced this question in interview recently

[@VikramFotani]

SAP FICO Interview Preparation course
www.gauravconsulting.com/product-page/sap-fico-interview-preparation-course

[@ashanaveen3401]

Hi sir I want to learn CO please let me know when you will start next batch.

[@VikramFotani]

Hello, this is Govind from GLS
Currently we have only recorded videos of CO available. Course details: www.gauravconsulting.com/product-page/sap-s-4-hana-controlling-videos

[@basantjena2872]

Very good

[@abdulahamed6968]

Hi, If I completed course in SAP SD/MM/FICO my job role will be consultant or EU if consultant pls tell functional or technical.

[@VikramFotani]

If you complete SAP SD/MM/FICO Consultant course, you can work as SAP Functional Consultants

[@anmoltyagi3273]

Sir t codes for S4 hana and sap mm are same? Sap mm and s4 hana what are the differences

[@VikramFotani]

No major changes in Product Costing

[@anmoltyagi3273]

Ok

[@vijayagichani1272]

Good

[@Step_Bro_GAMING]

Can you also share the excel sheet with us???

[@kasireddy5885]

Don’t buy videos there is no content especially ML and Product costing. UA-cam videos are good but real videos no subject especially. CO

[@RA-rh5lb]

do you mean not to buy from the trainer or any other trainer. Here trainer has explained well..