SAP S/4 HANA Controlling 2023 - Solid groundwork-Training

What you'll learn
Strong basics of SAP CO
End to end flow of SAP CO-Product costing scenarios
End to end flow of SAP CO-Actual Costing
End to end flow of SAP CO-Marginal Costing
End to end flow of SAP CO-Over head costing
Requirements
Domain and SAP basics of FI
Description
Comprehensive Guide to SAP S/4HANA 2023 Controlling (CO) & Practical Training1. Mastering SAP CO - End-to-End Training SessionsCost Center AccountingProduct CostingMaterial Ledger & Actual CostingCOPA (Account-Based Margin Analysis)2. Product Costing - Techniques & MethodologiesA. Order-Based Costing ApproachesMake-to-Stock (MTS) - Costing based on manufacturing orders for standard production.Make-to-Order (MTO) - Specific cost allocation per sales order for customized products.B. Sales Order Controlled CostingVaulted Stock with Sales Order Control - Costs are tracked when stock is anticipated for sales orders.Non-Vaulted Stock with Sales Order Control - Direct production against sales orders without stock anticipation.C. Period-Based & Repetitive Production CostingProduct Costing by Period - Periodic valuation for cost tracking independent of orders.Repetitive Manufacturing (Without Reporting Points) - Continuous production costing without intermediate checkpoints.Repetitive Manufacturing (With Reporting Points) - Costs captured at specific production checkpoints.D. Special Scenarios in Product CostingJoint Production Costing - Multiple main products from a single production order.Co-Product & By-Product Costing - Differentiation of primary and secondary outputs.Mixed Costing (Split Valuation) - Handling multiple procurement or production methods for the same material.Subcontracting & External Operations Costing - Costing when external vendors contribute to the manufacturing process.Cross-Plant Special Procurement Costing - Inter-plant cost allocation within the same company.Additive Cost Estimation - Incorporation of additional materials and costs in the final product valuation.3. Material Ledger & Actual Costing in SAP S/4HANAA. Multiple Currencies in CostingCompany Code Currency - Primary financial reporting currency.Group Currency - Used for consolidated financial reporting.Hard Currency / Index-Based Currency/Global Company Currency - Adjustments based on inflation indices.B. Parallel Valuations for Cost TransparencyLegal Valuation - As per statutory Requirements.Group Valuation - Consolidated financial perspective.Profit Center Valuation - Cost tracking based on internal profitability structures.C. Transfer Pricing & Cost AllocationInter-Company Pricing - Transactions between different legal entities.Intra-Company Pricing - Transactions within the same company but across business units.D. Additional Costing FunctionalitiesWork in Process (WIP) Integration with Actual Costing - Semi-finished goods valuation.Physical Inventory Count & Actual Costing Integration - Adjustments based on physical stock verification.Usage Variance Analysis - Discrepancies in planned vs. actual consumption of resources.Activity Types & Variances - Comparison of planned vs. actual activity cost allocations.Material Ledger Execution & CKM3 Analysis - Detailed cost flow and material price fluctuations.Account-Based COPA in S/4HANA: Value Flows for Margin AnalysisOperating Concern Creation with Margin Analysis (Account-Based COPA) - Defining operating concern with account-based characteristics.COGS Split Accounting in S/4HANA - Breakdown of COGS components for better margin transparency.Price Difference Split Accounting - Distribution of price variances at different levels (Material Ledger integration).Predictive Accounting: Incoming Sales Order - Real-time revenue and cost prediction for unbilled orders.Creating an Extension Ledger for Profitability Analysis (Predictive Accounting: Incoming Sales Order) - Using extension ledgers to store and analyze predictive data.S/4HANA Real-Time COPA / Margin Analysis without Periodic Settlement Jobs - Eliminating settlement dependency with direct posting to ACDOCA.Activate Derivation for Items without Profitability Segment (Attributed Profitability) - Assigning profitability characteristics dynamically.Items Assigned to Internal Orders (without Internal Order Settlement Updating in ACDOCA) - Direct FI-CO integration for real-time reporting.Items Assigned to Production Orders (without Production Order Settlement Updating in ACDOCA) - Posting production variances without traditional settlement runs.Universal Allocations in SAP S/4HANA , through Fiori AppsManage Allocation - Configuration and execution of universal allocation cycles for cost distribution.Run Allocation - Performing actual allocation runs Allocation Results - Analysis of allocation postings and their impact on profitability reporting.
Who this course is for
All Commerce, Accounts, Finance and Management accounting back ground persons as CA,CMA,CPA,ACCA,CIMA etc..
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