Sap Product Costing-Joint/Co-Product And By Product Process

Product Costing with-"Joint/CO-Product & BY Product Costing" AND "Special Procurement" (Plant to Plant) Costing

What you'll learn

Students will able to get Knowledge of SAP Product Costing- Joint/CO-Product and By Product Costing AND Special Procurement Costing Process

Requirements

Basic Knowledge of Finance and Costing topics.

For Understanding of Product Costing Flow - Please refer my earlier Course "SAP CO Product Costing-By Order Scenario in S4 HANA 1909"

Description

CO-Product/ Joint Production.When two or more products of equal importance are simultaneously produced, then they are known as joint products. A). CO Product Costing: Complete Live Scenario.1). Define Source Structure, b).Assign in Settlement Profile,2). Material master creation with 2 CO-Products.3). BOM creation for with CO products , 4). Routing (Just Normal Process)5). Equivalence numbers maintenance for CO Products in Material Masters6). Standard Cost estimation for CO products -CK11N & CK247). Explanation of CO-Product Cost Calculations.8). Production Order creation and Observations in Production with CO Products.9).Goods Issue, Activity Confirmation, Goods Receipt with respect to Production Order.10).Accounting Treatment of Goods Receipt of CO Product11).Preliminary Settlement for Co-Products and Explanation of Cost.12).Variance Calculation and 13).Settlement of Production Order==============================================================================                          By-Product Costing ProcessSteps of By Product Costing: Complete Live Scenario. 1). Create GL Account as By Product Receipt , 2). Assign in OKTZ,  3).Assign OBYC settings4). Material Creation Primary and Secondary ( By Product), 5).BOM design for BY product, 6).Routing as usual 7)Standard Cost estimation for products -CK11N & CK248).Testing Production Cycle along with BY Product movement.9).Goods Issue, Activity Confirmation, Goods Receipt with respect to Production Order.10).Accounting Treatment of BY Product==============================================================================                          Special procurement Process1). New Plant (Sales/Depot) creation by coping from existing Plant2). Special procurement key configuration for depot plant3). Standard Costing estimation of Material with two (Mfg & Depot )plants.4). Transfer Posting from Manufacturing Plant to Depot/Sales Plant

Overview

Section 1: Introduction of CO-Product & By Product AND Special Procurement Process

Lecture 1 Introduction of CO-Product & By Product AND Special Procurement Process

Section 2: Joint / CO Products Concept

Lecture 2 Joint / CO Products Concept-Configuration

Lecture 3 CO-Products :Master Data-Material, BOM, Routing Creation and Equivalence Numbers

Lecture 4 Standard Cost Estimation for CO-Products

Lecture 5 CO-Products - Production Cycle (End to End)

Section 3: BY-Product/ Secondary Product Concept

Lecture 6 Standard Costing Primary- By Product

Lecture 7 Primary Product Production Cycle along with "By-Product"

Section 4: Plant to Plant Material Standard Cost estimation ( Special Procurement)

Lecture 8 New Plant Creation (Configuration Settings)-Plant to Plant transfer

Lecture 9 Master data for Both Plant's Materials Creation with SPK and Standard Costing

Lecture 10 Transfer posting (Plant to Plant) Testing Cycle

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