Sap S4: Co "Upa"-Event-Based-Product Costing By Period-Mts

SAP S/4 HANA CO - UPA: Event-Based Product Costing in "Universal Parallel Accounting"-MTS - PRODUCT COST BY PERIOD

What you'll learn

SAP S/4 HANA UNIVERSAL PARALLEL ACCOUNTING- Architecture

Currency types design –> FINSC_LEDGER

Material Ledger Currencies Setup with 4 ledgers and 5 Currencies

SAP S4: CO "UPA"-Event-Based-Product Costing by Period-MTS ( base of By Order Scenario)

Requirements

SAP S4 HANA CO module required

Description

SAP S/4HANA CO – Universal Parallel Accounting (UPA): Event-Based Product Costing by Period in MTS scenario using Product Cost Collector:Universal Parallel Accounting (UPA) enables simultaneous postings across legal, group, and profit center valuations via the Universal Journal (ACDOCA).All cost and value flows from FI, CO, and ML are integrated and stored in ACDOCA without reconciliation needs.Product Costing by Period is used in Make-to-Stock (MTS) or Repetitive Manufacturing scenarios through Product Cost Collectors (PCCs).PCC acts as a single cost object per material/plant/order type for collecting costs across the entire period.Event-Based Costing (EBC) replaces traditional period-end processes by posting costs in real time at each production event.Ledgers such as 0L (Legal), 2L (Group), and others are defined in FINSC_LEDGER, with individual currency types (10, 30, 40, etc.).Up to 5 currencies can be maintained per ledger, supporting multi-currency and multi-GAAP reporting.At goods issue (261 movement), system posts consumption costs to PCC and reduces inventory in all active valuation views.At production confirmation, labor and machine costs (activity types) are posted immediately to PCC per valuation-specific rates.Overheads are posted event-wise based on costing sheet logic using valuation-dependent overhead keys.Work-in-Process (WIP) is calculated and posted in real time for partially completed production, debiting WIP accounts and crediting P&L through BACK FLUSH.At goods receipt , FG inventory is debited and PCC is credited, again in all active ledgers and currencies.Variances are posted instantly once production is complete, eliminating the need for manual settlement at period-end.Costing variants are defined per valuation view, with separate valuation variants, costing types, and overhead keys per ledger.Material Ledger captures actual costs and supports multi-valuation, multi-currency inventory valuation per transaction.Real-time postings ensure legal, group, and profit center profitability analysis is immediately available in CO-PA.No batch jobs are required for WIP calculation, variance analysis, or overhead posting—everything is triggered by events.The system ensures complete integration across FI, CO, ML, and CO-PA in one journal entry with universal traceability.PCC-based costing simplifies cost management in high-volume MTS environments by avoiding order-by-order tracking.UPA with event-based costing allows simultaneous transparency across multiple reporting dimensions with reduced effort.

Overview

Section 1: Basic Setting for PRODUCT COST BY PERIOD in "Universal Parallel Accounting"

Lecture 1 Introduction of SAP S/4 HANA CO: Universal Parallel accounting

Lecture 2 Organizational structure

Lecture 3 UPA requires Leading and Non-Leading Ledger setup for Material Ledger

Lecture 4 Manage GL Master data and General Ledger configuration->OBYC & VKOA-through apps

Lecture 5 Controlling area & Operating Concern set up and Costing sheet-Design

Lecture 6 CKMSTART-Production Start up with 5 Currencies & 4 Ledgers-Total 20 values

Lecture 7 Cost cente with Activity type Plan rate and Standard Cost release and Event base

Lecture 8 Event based Product costing by order testing scenario

Section 2: SAP S/4 HANA "UPA"-Event-Based-Product Costing by Period-PRODUCT COST COLLECTOR

Lecture 9 SAP S/4 HANA "UPA"-Event-Based-Product Costing by Period-PRODUCT COST COLLECTOR

"Highly recommended for all Finance, Accounts, and Management Accounting professionals, especially for those working as SAP CO module consultants."