SAP Product Costing Training

Instructor-Led Training Parameters

Course Highlights

  • Instructor-led Online Training
  • Project Based Learning
  • Certified & Experienced Trainers
  • Course Completion Certificate
  • Lifetime e-Learning Access
  • 24x7 After Training Support

SAP Product Costing Training Course Overview

Build strong expertise in SAP Product Costing with Multisoft Systems. This hands-on program covers material ledger, standard and actual costing, overheads, work in process, variance settlement and reporting. Gain confidence to configure, analyze and optimize product costs, improve margins and support informed business decisions across manufacturing environments using examples, exercises, best practices and trainer guidance.

SAP Product Costing Training by Multisoft Systems is designed to help finance, controlling and manufacturing professionals gain in-depth knowledge of calculating, analyzing and managing product costs within SAP environments. This training focuses on practical costing concepts used in real-world manufacturing and production scenarios, enabling participants to understand how costs are built, tracked and optimized across the product lifecycle. The course covers core topics such as cost component structures, material costing, bill of materials and routing integration, overhead calculation and work in process. Learners explore both standard and actual costing methods and understand how variances arise and how they are analyzed and settled. Special emphasis is placed on accurate cost estimation, margin analysis and profitability improvement using SAP Product Costing tools. Participants also gain exposure to reporting and analysis features that support informed management decisions. Through hands-on exercises and guided examples, learners understand how SAP Product Costing integrates with other SAP modules such as Production Planning, Material Management and Controlling.

By the end of the training, learners are equipped to configure product costing processes, interpret cost reports and support business teams with reliable cost data. This course is ideal for professionals seeking to strengthen cost control, improve financial transparency and enhance decision-making in manufacturing-driven organizations.

Instructor-led Training Live Online Classes

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SAP Product Costing Training Course curriculum

Curriculum Designed by Experts

Build strong expertise in SAP Product Costing with Multisoft Systems. This hands-on program covers material ledger, standard and actual costing, overheads, work in process, variance settlement and reporting. Gain confidence to configure, analyze and optimize product costs, improve margins and support informed business decisions across manufacturing environments using examples, exercises, best practices and trainer guidance.

SAP Product Costing Training by Multisoft Systems is designed to help finance, controlling and manufacturing professionals gain in-depth knowledge of calculating, analyzing and managing product costs within SAP environments. This training focuses on practical costing concepts used in real-world manufacturing and production scenarios, enabling participants to understand how costs are built, tracked and optimized across the product lifecycle. The course covers core topics such as cost component structures, material costing, bill of materials and routing integration, overhead calculation and work in process. Learners explore both standard and actual costing methods and understand how variances arise and how they are analyzed and settled. Special emphasis is placed on accurate cost estimation, margin analysis and profitability improvement using SAP Product Costing tools. Participants also gain exposure to reporting and analysis features that support informed management decisions. Through hands-on exercises and guided examples, learners understand how SAP Product Costing integrates with other SAP modules such as Production Planning, Material Management and Controlling.

By the end of the training, learners are equipped to configure product costing processes, interpret cost reports and support business teams with reliable cost data. This course is ideal for professionals seeking to strengthen cost control, improve financial transparency and enhance decision-making in manufacturing-driven organizations.

  • Understand core concepts and business scenarios of SAP Product Costing
  • Learn to configure and use cost component structures effectively
  • Perform material costing using bills of materials and routings
  • Apply standard and actual costing methods in SAP environments
  • Calculate and analyze overheads, work in process and variances
  • Interpret variance analysis results and settlement processes
  • Integrate Product Costing with SAP MM, PP and CO modules
  • Generate and analyze product cost reports for management decisions
  • Improve cost transparency, control and profitability analysis
  • Gain practical skills to support manufacturing and finance operations

Course Prerequisite

  • Basic understanding of accounting and costing concepts
  • Familiarity with manufacturing or production business processes
  • Fundamental knowledge of SAP ERP or SAP S/4HANA environment

Course Target Audience

  • SAP CO Consultants
  • SAP FICO Consultants
  • Cost Accountants
  • Management Accountants
  • Finance and Controlling Professionals
  • Manufacturing Finance Analysts
  • Production and Operations Managers
  • SAP S/4HANA Professionals
  • Business Analysts
  • ERP and SAP End Users involved in costing

Course Content

  • Product Cost Controlling
  • Product Cost Planning
  • Cost Object Controlling with Make to stock Scenario

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  • Cost Centre
  • Activity Type
  • Purchase Info Record
  • Resources in Process Manufacturing

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  • Cost Centre Planning
  • Activity Planning
  • Maintain Distribution and Assessment Cycles
  • Activity Rate
  • Costing Variant Cost Estimate including Execute Calculation, Create Material and Mark and Release standard
  • Analyze Costing, Price Update

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  • Base Planning Object
  • Material Cost Estimate without Quantity structure

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  • Summarized Analysis
  • Detailed Report

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  • Product Cost by Order – Make to stock Value Flow
  • Process Order
  • Month End Closing Activities with WIP result Settlement
  • Month End closing Activities with Variance results
  • Overhead Calculation
  • WIP Calculation
  • Variance Calculation

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  • Overhead, calculation base, Overhead Rate, Credit key
  • Cost Components with Attributes, Cost Component View
  • Organizational Units of Cost components, Cost Component Groups

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  • Define Costing Variant, Costing Type, Valuation Variant, Date Control, Quantity Structure Control

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  • CO/PP Integration
  • CO/MM Integration
  • CO/SD Integration
  • CO/FI Integration
  • PP Master Data – BOM, Routing, Work Centre

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  • Parallel currency Valuation
  • Recording Business Transaction
  • Price and currency deviations
  • Special account determination in the material ledger
  • Material valuation and changing valuation prices
  • Customizing

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SAP Product Costing Training (MCQ) Assessment

This assessment tests understanding of course content through MCQ and short answers, analytical thinking, problem-solving abilities, and effective communication of ideas. Some Multisoft Assessment Features :

  • User-friendly interface for easy navigation
  • Secure login and authentication measures to protect data
  • Automated scoring and grading to save time
  • Time limits and countdown timers to manage duration.
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SAP Product Costing Corporate Training

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Learning Assessment

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Certification Training Achievements: Recognizing Professional Expertise

Multisoft Systems is the “one-top learning platform” for everyone. Get trained with certified industry experts and receive a globally-recognized training certificate. Some Multisoft Training Certificate Features :

  • Globally recognized certificate
  • Course ID & Course Name
  • Certificate with Date of Issuance
  • Name and Digital Signature of the Awardee
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SAP Product Costing Training FAQ's

SAP Product Costing is used to calculate and analyze the cost of manufacturing products. It helps organizations determine material, labor and overhead costs, supporting accurate pricing, cost control and profitability analysis.

This training is ideal for SAP FICO and CO consultants, cost and management accountants, finance professionals, manufacturing analysts and SAP S/4HANA users involved in costing and controlling activities.

Yes. The training includes practical exercises, real-time examples and guided scenarios to help learners apply product costing concepts in real business environments.

Yes. The course explains product costing concepts relevant to SAP ECC and highlights key aspects and integration points applicable to SAP S/4HANA.

To contact Multisoft Systems you can mail us on info@multisoftsystems.com or can call for course enquiry on this number +91 9810306956

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