SAP PC (Product Costing)

SAP PC (Product Costing)

A profit center is an organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control. You can analyze operating results for profit centers using either the cost-of-sales or the period accounting approach.

Training Objectives of SAP PC:
Product Cost Planning (CO-PC-PCP) is an area within Product Cost Controlling (CO-PC) where you can plan costs for materials without reference to orders.

Target Students / Prerequisites
Knowledge Required on SAP, Accounting and Costing, Bills of Materials and Product Costing

Course Content:

Functional Overview
Product Cost Controlling
Product Cost Planning
Cost Object Controlling with Make to Stock Scenario

Master Data Review for Product Costing
Cost Elements
Cost Center
Activity Types
Purchasing Info Record
Master Recipe
Resources in Process Manufacturing

Product Cost Planning
Cost Center Planning
Activity Planning
Maintain Distribution and Assessment Cycles
Distribution and Assessment Execute Plan
Activity Rate
Costing Variant
Cost Estimate including Execute Calculation, Create Material, and Mark and Release Standard
Analyze Costing
Price Update
Mixed Costing

Reporting in Product Cost Planning
Summarized Analysis
Detailed Reports

PP-PI Make to Stock Cost Object Controlling
Product Cost by Order – Make to Stock Value Flow
Process Order
ME Close Activities with WIP result
ME Close Activities with Variance result
Overhead Calculation
WIP Calculation
Variance Calculation

About the Trainer

10 + Years of IT experience, provided training for over 1000+ professionals online Real-time IT experience which enables to provide dedicated quality training. Teaching is his passion vast experience in providing online training around the globe with good communication skills.