SAP CO "Product Costing" for CEMENT Manufacturing Process

SAP CO Product Costing for CEMENT Manufacturing Process, available at $34.99, has an average rating of 4.3, with 52 lectures, based on 52 reviews, and has 163 subscribers.

You will learn about SAP Product Costing can be implemented in Cement Manufacturing in S/4 HANA 1909. This course is ideal for individuals who are CPA , CMA , ACCA , CA , MBA , M Com, B Com students and Professionals, SAP FICO Consultants and End Users. It is particularly useful for CPA , CMA , ACCA , CA , MBA , M Com, B Com students and Professionals, SAP FICO Consultants and End Users.

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Summary

Title: SAP CO Product Costing for CEMENT Manufacturing Process

Price: $34.99

Average Rating: 4.3

Number of Lectures: 52

Number of Published Lectures: 52

Number of Curriculum Items: 52

Number of Published Curriculum Objects: 52

Original Price: ?1,799

Quality Status: approved

Status: Live

What You Will Learn

SAP Product Costing can be implemented in Cement Manufacturing in S/4 HANA 1909.

Who Should Attend

CPA , CMA , ACCA , CA , MBA , M Com, B Com students and Professionals, SAP FICO Consultants and End Users.

Target Audiences

CPA , CMA , ACCA , CA , MBA , M Com, B Com students and Professionals, SAP FICO Consultants and End Users.

SAP Product Costing for the Cement Industry is an intricate process that’s adapted to the industry’s unique manufacturing steps. Let’s delve deeper into the process.

SAP CO: Product Costing in Cement Manufacturing with Process Orders

For cement manufacturing, as a process industry, the costing is carried out through Process Orders (PP-PI) as opposed to discrete manufacturing where Production Orders are more suitable.

Process Flow for Cement Manufacturing:

1. Limestone Mining:

2. Extraction of limestone from quarries.

3. In SAP, this could be represented by a process order capturing the costs associated with mining activities including equipment maintenance, labor, and other overheads.

4. Limestone Crushing:

5. The extracted limestone is processed to obtain crushed limestone.

6. This process order would capture costs like machinery wear and tear, electricity, and labor costs.

7. Raw Meal Preparation:

8. Additives like clay are mixed with crushed limestone to create raw meal.

9. The process order here would account for the proportional costs of the additives, mixing and blending costs, and any associated overheads.

10. Clinker Formation:

11. The raw meal undergoes heating in a kiln, resulting in the formation of clinker.

12. Costs such as fuel for the kiln, maintenance of the kiln, and emissions controls would be accounted for in this process order.

13. Grinding:

14. The clinker is mixed with gypsum and ground to obtain cement.

15. Here, costs would include the wear and tear of grinding machinery, labor, and other overheads.

16. Packing:

17. The cement is either packed into bags or loaded in bulk, depending on the facility’s capabilities.

18. Costs captured would be packaging materials, labor, and machinery maintenance.

Month End Closing Sequence in Product Costing:

1. F-02: Booking of all Financial (FI) expenses to a common cost center.

2. Captures all financial postings that affect costs.

3. CPTD: Actual template allocation for other overhead expenses.

4. Distributes overhead costs based on pre-defined templates.

5. KB31N: Entry of Statistical Key Figures (SKF) to production cost centers.

6. These figures are used as a basis to allocate costs later.

7. KSU1: Creation of Assessment Cycle and related Cost Element.

8. Helps in redistributing costs among cost centers.

9. KSU5: Running the Assessment Cycle.

10. This action redistributes the costs.

11. KSS2: Cost Splitting by activity type.

12. Allocates costs based on the activity performed.

13. KSII: Calculation of actual activity rates.

14. Determines the actual costs of activities.

15. CON2: Revaluation of process orders.

16. Updates process orders with the actual activity rates.

17. CO43: Overhead calculation.

18. Computes the overheads based on pre-defined rates or percentages.

19. KKS1: Variance calculation between planned and actual costs.

20. Identifies deviations between what was expected vs. what was incurred.

21. CO88: Settles the costs from process orders to financial accounts.

22. Finalizes the costing process by posting costs to financial accounting.

All these steps ensure accurate capturing, allocation, and finalization of costs associated with the cement manufacturing process in SAP. Implementing this in the SAP S/4 HANA or ECC environment would provide businesses with deep insights into their production costs, helping in pricing, profitability analysis, and cost control.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Business Process of Cement Industries Explanation

Chapter 2: Base line configuration Step by Step: FI,MM,SD,PP and CO modules

Lecture 1: Organization/Enterprise Structure Configuration

Lecture 2: Financial Accounting Settings

Lecture 3: Sales and Distribution Settings

Lecture 4: Process Order (Production Planning) Settings

Lecture 5: Controlling Area creation and Its settings

Lecture 6: GL Accounts design and OBYC-VKOA settings-Business Partners(Customer and Vendor)

Chapter 3: Product Costing Settings (configuration) with Process Industries:

Lecture 1: Cost Component Structure Explanation

Lecture 2: Main Cost Component Structure Mapping into System

Lecture 3: Auxiliary cost component structure mapping

Lecture 4: Primary Cost Component Split for Indirect Material, Labour & Factory Over Heads

Lecture 5: Profit center & Cost center designing

Lecture 6: Activity types and SKF design

Lecture 7: Costing Sheet Design for over head expenses

Lecture 8: Splitting Structure mapping for Cost elements to Activity types

Lecture 9: Explanation of Standard, Preliminary and Simultaneous Cost for Standard Costing

Lecture 10: Costing Variant for Standard Cost estimation-PPC1

Lecture 11: Costing Variants for Preliminary cost-PPP1 & Simultaneous cost-PPP2

Lecture 12: Variance Calculation- Settings

Lecture 13: Settlement Profile for Process Order-Settings

Chapter 4: Material Ledger Leger Configuration and Production Startup-CKMSTART

Lecture 1: Material Ledger Leger Configuration and Production Startup-CKMSTART

Chapter 5: KP26, KP06, KSS4 and KSPI Cost element, Activity type, Splitting planning

Lecture 1: KP26-Cost center and Activity type Planning

Lecture 2: KP06-Cost Center with Cost element wise dependent and independent planning

Lecture 3: KSS4-Cost center Splitting: Cost split to Respective activitytypes

Lecture 4: KSPI-Activity Type Plan rate Calculation

Lecture 5: Template allocation designed of 001 Environment -Cost estimation

Lecture 6: Template allocation designed for 009 Environment -Process Order

Chapter 6: Materials, BOM, Resource ,Master Recipe and Production version creation

Lecture 1: MM01 – Clay , Gypsum , Pack and Mining Materials creation

Lecture 2: MM01 – Crushed Lime, Rawmeal, Clinker and Cement Materials creation

Lecture 3: Over Head Group assigned in material master to capture Template Allocation

Lecture 4: CS01 – Bill of Material Creation

Lecture 5: CRC1 – Resources of Processing unit creation for Capturing Activity cost

Lecture 6: C201 – Master Recipe creation for materials

Lecture 7: Production Version (Combination of BOM + Master Recipe)

Chapter 7: Standard Cost Estimation and Release : Single and Multiple materials wise

Lecture 1: CK11N & CK24 :Standard Cost Estimation and Release : Single Material wise

Lecture 2: CKR1-Delete Standard Cost estimation

Lecture 3: CK40N-Standard Cost estimation for Multiple Materials

Chapter 8: Purchasing transactions for raw and pack materials

Lecture 1: Purchasing transactions for Raw (Clay & Gypsum) and Pack materials

Chapter 9: Production Cycle with Process Orders transactions

Lecture 1: Mining – Lime Stone: Production Cycle with Process order

Lecture 2: Crushing- Crushed Lime: Production Cycle with Process order

Lecture 3: Raw meal- Processing : Production Cycle with Process order

Lecture 4: Clinker, Cement and Bag Cement : Production Cycle with Process orders

Chapter 10: Costing: Month end closing Process

Lecture 1: Actual FI Expenses Booking

Lecture 2: CPTD / CPTA – Actual Template Allocation execution

Lecture 3: KB31N – Actual Statistical Figures Enter for the Production Cost Centers.

Lecture 4: KSU1- Assessment cycle creation

Lecture 5: KSU5 – Assessment Cycle Execution/Run

Lecture 6: KSS2 – Actual Cost Splitting to Activity Types

Lecture 7: KSII – Actual Activity Rate Calculation and CON2 – Revaluation of Process order

Lecture 8: CO43 – Over Head Calculation

Lecture 9: KKS1 – Variance Calculation & CO88 Settlement

Chapter 11: CKMLCP – Actual Costing Execution

Lecture 1: CKMLCP – Actual Costing Execution

Instructors

Karanam Sreedhar : SAP S/4 HANA Controlling-Solution Architect
Ex-Employee from Wipro , Deloitte and Infosys

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2 stars: 2 votes

3 stars: 4 votes

4 stars: 19 votes

5 stars: 27 votes

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