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SAP Product Costing
Partner: Udemy
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Description: A warm welcome to the SAP Product Costing (CO-PC) course by Uplatz.SAP Product Costing (CO-PC) is a module provided by SAP and is used for planning costs and establishing material prices. It helps in estimating the cost of goods sold manufactured and COGS of each for each product unit.SAP Product Costing has two different types of material costing processes viz.1) Material cost estimate with quantity structure2) Material cost estimate without quantity structureMaterial cost estimate with quantity structure works in combination of BOM (Bill of Material) and Routing assigned to it.SAP CO Product Costing module is used to find the value of internal cost of products. It is also used for profitability and management accounting for production.While configuring Product Costing, it involves two areas for setting −Product Cost PlanningCost Object ControllingThe basics of Product Costing is Cost Center Planning. The goal of cost center planning is to plan total dollars and quantities in each Cost Center in a Plant.SAP CO-PC is one of the most important SAP components for the manufacturing companies. The main purpose of SAP CO Product Costing or CO-PC is to calculate and show costs appearing during production process. When costing with quantity structure is performed, the system uses master data from Logistics. Product cost planning function costs individual products precisely and provides various, flexible and quick analysis options.In principle, the data for CO-PC are obtained from the PP module, through Bill of Materials and Master recipes.There are three necessary preconditions for good and reliable operation of the CO-PC module:Properly defined master data structure (BOMs, Resources and Master Recipes)Correctly defined CO structure (Cost centers and Profit centers)</p
Category: Office Productivity > SAP > SAP Financial Accounting
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Price: 19.99
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Source: Impact
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