Course Format & Delivery Details Learn On Your Terms – With Complete Flexibility and Zero Risk
Enroll in Mastering Standard Costing in S/4HANA Transformations and gain immediate access to a rigorously designed, expert-curated learning experience built exclusively for professionals who demand clarity, confidence, and career advancement in SAP finance implementation. This is not a theoretical overview—it’s a practical, action-focused mastery path trusted by finance leads, SAP consultants, and digital transformation specialists across global enterprises. Self-Paced Learning with Immediate Online Access
The moment you enroll, your learning journey begins. This course is fully self-paced, allowing you to progress according to your schedule, workload, and learning rhythm—no rigid deadlines, no mandatory live sessions. Whether you're balancing client projects, internal deadlines, or personal commitments, you decide when and where you learn. On-Demand Access – No Fixed Dates or Time Commitments
This is an on-demand program, structured for maximum convenience. There are no cohort start dates, no time zones to match, and no attendance requirements. Access the materials anytime, day or night, from any device with an internet connection. Your progress is saved automatically, so you can stop and resume exactly where you left off—whether it's after 10 minutes or 10 days. Designed for Fast Results, Built for Long-Term Mastery
Most learners report achieving foundational clarity in standard costing within 7–10 hours of focused study. By the end of the first three modules, you'll have actionable frameworks to apply immediately in project discussions, costing rollouts, or audit reviews. Full course completion typically takes 25–30 hours, but the structure allows for modular learning—you can zero in on the sections most relevant to your current role or upcoming transformation initiative. Lifetime Access + Ongoing Future Updates at No Extra Cost
Once enrolled, you receive permanent access to the entire course content—including all future updates and enhancements. As S/4HANA evolves and new costing scenarios emerge (such as changes in material ledger logic, profit center configurations, or integration with group reporting), the course is systematically updated to reflect current best practices. You never pay again—your investment today protects your expertise tomorrow. 24/7 Global Access & Mobile-Friendly Compatibility
Access your course from any location worldwide, on any device—desktop, tablet, or smartphone. The platform is optimized for seamless performance across browsers and operating systems. Download materials for offline review, bookmark key sections, track progress, and take notes directly in your learning interface. This is learning engineered for real-world mobility and continuous reference. Instructor Support & Expert Guidance Available
While this is a self-directed program, you are never alone. Direct instructor support is available through structured guidance channels. Submit questions related to complex costing scenarios, configuration conflicts, or integration challenges—and receive detailed, context-aware responses from senior S/4HANA finance architects with over 15 years of implementation experience. This isn't automated chat or AI—you're connected to real experts who've led multi-million-euro S/4HANA rollouts. Earn a Globally Recognized Certificate of Completion
Upon finishing the course requirements, you will earn a Certificate of Completion issued by The Art of Service—a credential trusted by professionals in over 120 countries. This certificate verifies your advanced understanding of standard costing mechanics, integration logic, and transformation-specific pitfalls in S/4HANA environments. It's designed to strengthen your professional profile on LinkedIn, in job applications, and during internal promotions or client engagements. Transparent Pricing – No Hidden Fees, Ever
The price you see is the price you pay—no surprise charges, no recurring subscriptions, no add-ons. This one-time investment includes full course access, all materials, instructor support, progress tracking, and your certificate. No hidden costs. No trial-to-subscription traps. Just premium content with full transparency. Accepted Payment Methods
We accept all major payment options, including Visa, Mastercard, and PayPal. Transactions are processed securely through PCI-compliant gateways, ensuring your financial information is protected at every step. 100% Money-Back Guarantee – Satisfied or Refunded
We eliminate all risk with a complete satisfaction guarantee. If you're not convinced that this course delivers exceptional value, clarity, and practical ROI within 30 days of receiving your access, simply request a full refund. No forms to fill. No justification required. This is our commitment to your confidence in investing in your professional growth. Secure Enrollment & Access Confirmation Process
After enrollment, you’ll receive a confirmation email acknowledging your registration. Your course access details will be delivered separately once the materials are confirmed ready for use. This ensures a smooth, error-free setup and optimal learning environment from day one. “Will This Work for Me?” – The Ultimate Reassurance
Yes—this works even if you’ve struggled with SAP costing before, if you're transitioning from ECC to S/4HANA, or if you're not a full-time FI consultant but need to understand costing deeply for your role in finance, audit, or project management. The course is designed for real-world application, not academic abstraction. - Role-specific examples cover scenarios for Finance Managers, SAP Consultants, Controllers, Internal Auditors, Cost Accountants, Project Managers, and IT Leads.
- Real implementation pain points are addressed head-on—like incorrect material ledger activation, version mismatches in cost estimates, or reconciliation errors between profit center and controlling modules.
- Social proof: “After two failed ECC to S/4HANA test runs, this course helped me identify the root cause in our standard cost estimate configuration. We went live successfully three weeks later.” – Elena M., Senior Finance Architect, Germany
- “I was promoted to lead our costing workstream after presenting the documentation templates from this course in our transformation steering meeting. The structure gave me instant credibility.” – James L., SAP Project Lead, Australia
Risk Reversal – Your Confidence is Built In
This is not a purchase. It’s a risk-free professional upgrade. With lifetime access, expert support, a globally recognized certificate, and a full refund promise, you gain everything and risk nothing. The only thing you’re missing out on by waiting? The faster clarity, stronger influence, and project success that come from mastering standard costing in S/4HANA—now.
Extensive & Detailed Course Curriculum
Module 1: Foundations of Standard Costing in SAP Environments - Understanding the Role of Standard Costing in Financial Control
- Key Differences Between Standard, Actual, and Planned Costing
- Evolution from ECC to S/4HANA: What Changed in Costing Logic
- The Impact of Universal Journal on Costing Data Flow
- Master Data Basics: Materials, Work Centers, Routing, and Bills of Material
- Defining Costing Variants and Their Purpose
- Understanding Costing Versions and Their Use in S/4HANA
- Overview of Cost Component Structure and Its Configuration
- Introduction to Valuation Variants and Their Impact on Cost Estimates
- The Role of Date Control in Costing Runs
- Setting Up Costing Sheets for Overhead Calculation
- Navigating the Flexible Fine-Tuning of Costing Sheets
- Configuring Transfer Control for Costing Data
- Understanding the Role of Group Costing
- Prerequisites for Material Ledger Activation in S/4HANA
Module 2: S/4HANA Transformation Readiness & Assessment - Assessing Current ECC Costing Setup Pre-Migration
- Identifying Legacy Inconsistencies in Cost Estimates
- The Impact of Material Ledger Activation Status on Migration
- Data Quality Checks for Materials and BOMs Before Migration
- Validating Costing Variant Consistency Across Clients
- Reviewing Custom Enhancements Impacting Costing
- Handling Deprecated Tables and Fields in S/4HANA
- Transformation Impact on Costing Run Scheduling
- Assessing Integration with Production Planning (PP) Modules
- Evaluating Integration with Profitability Analysis (CO-PA)
- Preparing Cost Centers for S/4HANA Integration
- Reviewing Overhead Rate Structures Pre-Conversion
- Understanding the Elimination of CO-OM Submodules
- Testing Dual Valuation Scenarios in S/4HANA
- Developing a Pre-Migration Costing Health Audit Checklist
Module 3: Configuration Deep Dive – Costing Variants & Valuation - Detailed Setup of Costing Variants in S/4HANA
- Defining Selection Criteria for Material Selection
- Configuring Costing Type Parameters
- Setting Up Price Determination Methods
- Understanding the Role of Price Updates in Material Master
- Valuation Variant Configuration and Assignment
- Setting Up Transfer Control for Valuation
- Linking Valuation Variants to Costing Variants
- Using Automatic Account Determination in Costing
- Configuring Split Valuation Scenarios
- Setting Up Multiple Material Ledger Configurations
- Activation of Actual Costing with Material Ledger
- Understanding Parallel Valuation and Currencies
- Setting Up Group Currency and Valuation Areas
- Validation of Costing Configuration Post-Setup
Module 4: Cost Component Structures & Overhead Management - Designing Cost Component Structures for Clarity
- Assigning Cost Components to Segments
- Configuring Cost Component Structure to Output Areas
- Mapping Cost Components to G/L Accounts
- Setting Up Overhead Costing Sheets
- Defining Base Cost Elements for Overhead Application
- Creating Overhead Rates by Cost Center and Activity Type
- Configuring Percentage-Based Overhead Application
- Using Formulas in Overhead Calculation
- Setting Up Template-Based Overhead for Service Industries
- Validating Overhead Distribution Accuracy
- Troubleshooting Overhead Under/Over Application
- Adjusting Overhead for Multi-Level Production
- Handling Overhead in Make-to-Order vs. Make-to-Stock
- Integrating Overhead with Project Systems (PS)
Module 5: Material Cost Estimate Creation & Execution - Creating Single-Level vs. Multi-Level Cost Estimates
- Selecting the Correct Costing Variant for Estimate Type
- Executing CK11N: Manual Costing Run for Single Material
- Using CK40N for Collective Costing Runs
- Understanding the Roll-Up Logic in Multi-Level Estimates
- Managing QuANTITY STRUCTURE access in Routing
- Incorporating Activity Types from Work Centers
- Validating Activity Price Calculation from Cost Centers
- Handling External Procurement Costs in Estimate
- Processing Scrapping and Rework in Costing
- Using Co-Products and By-Products in Cost Allocation
- Managing Joint Production with Splitting Rules
- Validating Scrap Percentages and Their Impact
- Reprocessing Cost Estimates After BOM Changes
- Comparing Old vs. New Estimates for Variance Analysis
Module 6: Cost Estimate Release & Price Update - Executing CK24: Releasing Cost Estimates
- Understanding the Impact of Release on Standard Price
- Setting Up Automatic Price Update Rules
- Validating Price Update in Material Master (MARC Table)
- Handling Materials with Multiple Plants
- Managing Price Freeze and Manual Override Scenarios
- Releasing Estimates for Consignment and Third-Party Scenarios
- Impact of Price Update on Inventory Valuation
- Releasing Estimates with Multiple Valuation Areas
- Monitoring Released Prices Across Clients
- Documenting Released Cost Estimates for Audit Trails
- Reporting on Released vs. Pending Estimates
- Handling Partial Releases and Segmented Updates
- Reversing Released Prices: Risks and Procedures
- Using Simulation Runs Before Final Release
Module 7: Integration with Production & Procurement - Integration of Costing Data with PP-PI Processes
- Using Cost Estimates in Production Order Variance Analysis
- Linking Standard Costs to Production Order Settlement
- Valuation of Work in Process (WIP) Using Standard Costs
- Settlement of Variances to G/L Accounts
- Understanding Make-to-Order (MTO) Costing Implications
- Configuring Sales-Order-Controlling (CO-PC-SOP)
- Integration with Material Requirements Planning (MRP)
- Costing for Subcontracting Scenarios
- Handling Vendor Consignment Stock in Costing
- Third-Party Order Processing and Cost Flow
- Integration with External Procurement and Purchasing Info Records
- Leveraging Info Records for Price Determination
- Validating Contract-Based Pricing in Cost Estimates
- Managing Quota Arrangements Impact on Costing
Module 8: Material Ledger & Actual Costing in S/4HANA - Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
Module 1: Foundations of Standard Costing in SAP Environments - Understanding the Role of Standard Costing in Financial Control
- Key Differences Between Standard, Actual, and Planned Costing
- Evolution from ECC to S/4HANA: What Changed in Costing Logic
- The Impact of Universal Journal on Costing Data Flow
- Master Data Basics: Materials, Work Centers, Routing, and Bills of Material
- Defining Costing Variants and Their Purpose
- Understanding Costing Versions and Their Use in S/4HANA
- Overview of Cost Component Structure and Its Configuration
- Introduction to Valuation Variants and Their Impact on Cost Estimates
- The Role of Date Control in Costing Runs
- Setting Up Costing Sheets for Overhead Calculation
- Navigating the Flexible Fine-Tuning of Costing Sheets
- Configuring Transfer Control for Costing Data
- Understanding the Role of Group Costing
- Prerequisites for Material Ledger Activation in S/4HANA
Module 2: S/4HANA Transformation Readiness & Assessment - Assessing Current ECC Costing Setup Pre-Migration
- Identifying Legacy Inconsistencies in Cost Estimates
- The Impact of Material Ledger Activation Status on Migration
- Data Quality Checks for Materials and BOMs Before Migration
- Validating Costing Variant Consistency Across Clients
- Reviewing Custom Enhancements Impacting Costing
- Handling Deprecated Tables and Fields in S/4HANA
- Transformation Impact on Costing Run Scheduling
- Assessing Integration with Production Planning (PP) Modules
- Evaluating Integration with Profitability Analysis (CO-PA)
- Preparing Cost Centers for S/4HANA Integration
- Reviewing Overhead Rate Structures Pre-Conversion
- Understanding the Elimination of CO-OM Submodules
- Testing Dual Valuation Scenarios in S/4HANA
- Developing a Pre-Migration Costing Health Audit Checklist
Module 3: Configuration Deep Dive – Costing Variants & Valuation - Detailed Setup of Costing Variants in S/4HANA
- Defining Selection Criteria for Material Selection
- Configuring Costing Type Parameters
- Setting Up Price Determination Methods
- Understanding the Role of Price Updates in Material Master
- Valuation Variant Configuration and Assignment
- Setting Up Transfer Control for Valuation
- Linking Valuation Variants to Costing Variants
- Using Automatic Account Determination in Costing
- Configuring Split Valuation Scenarios
- Setting Up Multiple Material Ledger Configurations
- Activation of Actual Costing with Material Ledger
- Understanding Parallel Valuation and Currencies
- Setting Up Group Currency and Valuation Areas
- Validation of Costing Configuration Post-Setup
Module 4: Cost Component Structures & Overhead Management - Designing Cost Component Structures for Clarity
- Assigning Cost Components to Segments
- Configuring Cost Component Structure to Output Areas
- Mapping Cost Components to G/L Accounts
- Setting Up Overhead Costing Sheets
- Defining Base Cost Elements for Overhead Application
- Creating Overhead Rates by Cost Center and Activity Type
- Configuring Percentage-Based Overhead Application
- Using Formulas in Overhead Calculation
- Setting Up Template-Based Overhead for Service Industries
- Validating Overhead Distribution Accuracy
- Troubleshooting Overhead Under/Over Application
- Adjusting Overhead for Multi-Level Production
- Handling Overhead in Make-to-Order vs. Make-to-Stock
- Integrating Overhead with Project Systems (PS)
Module 5: Material Cost Estimate Creation & Execution - Creating Single-Level vs. Multi-Level Cost Estimates
- Selecting the Correct Costing Variant for Estimate Type
- Executing CK11N: Manual Costing Run for Single Material
- Using CK40N for Collective Costing Runs
- Understanding the Roll-Up Logic in Multi-Level Estimates
- Managing QuANTITY STRUCTURE access in Routing
- Incorporating Activity Types from Work Centers
- Validating Activity Price Calculation from Cost Centers
- Handling External Procurement Costs in Estimate
- Processing Scrapping and Rework in Costing
- Using Co-Products and By-Products in Cost Allocation
- Managing Joint Production with Splitting Rules
- Validating Scrap Percentages and Their Impact
- Reprocessing Cost Estimates After BOM Changes
- Comparing Old vs. New Estimates for Variance Analysis
Module 6: Cost Estimate Release & Price Update - Executing CK24: Releasing Cost Estimates
- Understanding the Impact of Release on Standard Price
- Setting Up Automatic Price Update Rules
- Validating Price Update in Material Master (MARC Table)
- Handling Materials with Multiple Plants
- Managing Price Freeze and Manual Override Scenarios
- Releasing Estimates for Consignment and Third-Party Scenarios
- Impact of Price Update on Inventory Valuation
- Releasing Estimates with Multiple Valuation Areas
- Monitoring Released Prices Across Clients
- Documenting Released Cost Estimates for Audit Trails
- Reporting on Released vs. Pending Estimates
- Handling Partial Releases and Segmented Updates
- Reversing Released Prices: Risks and Procedures
- Using Simulation Runs Before Final Release
Module 7: Integration with Production & Procurement - Integration of Costing Data with PP-PI Processes
- Using Cost Estimates in Production Order Variance Analysis
- Linking Standard Costs to Production Order Settlement
- Valuation of Work in Process (WIP) Using Standard Costs
- Settlement of Variances to G/L Accounts
- Understanding Make-to-Order (MTO) Costing Implications
- Configuring Sales-Order-Controlling (CO-PC-SOP)
- Integration with Material Requirements Planning (MRP)
- Costing for Subcontracting Scenarios
- Handling Vendor Consignment Stock in Costing
- Third-Party Order Processing and Cost Flow
- Integration with External Procurement and Purchasing Info Records
- Leveraging Info Records for Price Determination
- Validating Contract-Based Pricing in Cost Estimates
- Managing Quota Arrangements Impact on Costing
Module 8: Material Ledger & Actual Costing in S/4HANA - Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Assessing Current ECC Costing Setup Pre-Migration
- Identifying Legacy Inconsistencies in Cost Estimates
- The Impact of Material Ledger Activation Status on Migration
- Data Quality Checks for Materials and BOMs Before Migration
- Validating Costing Variant Consistency Across Clients
- Reviewing Custom Enhancements Impacting Costing
- Handling Deprecated Tables and Fields in S/4HANA
- Transformation Impact on Costing Run Scheduling
- Assessing Integration with Production Planning (PP) Modules
- Evaluating Integration with Profitability Analysis (CO-PA)
- Preparing Cost Centers for S/4HANA Integration
- Reviewing Overhead Rate Structures Pre-Conversion
- Understanding the Elimination of CO-OM Submodules
- Testing Dual Valuation Scenarios in S/4HANA
- Developing a Pre-Migration Costing Health Audit Checklist
Module 3: Configuration Deep Dive – Costing Variants & Valuation - Detailed Setup of Costing Variants in S/4HANA
- Defining Selection Criteria for Material Selection
- Configuring Costing Type Parameters
- Setting Up Price Determination Methods
- Understanding the Role of Price Updates in Material Master
- Valuation Variant Configuration and Assignment
- Setting Up Transfer Control for Valuation
- Linking Valuation Variants to Costing Variants
- Using Automatic Account Determination in Costing
- Configuring Split Valuation Scenarios
- Setting Up Multiple Material Ledger Configurations
- Activation of Actual Costing with Material Ledger
- Understanding Parallel Valuation and Currencies
- Setting Up Group Currency and Valuation Areas
- Validation of Costing Configuration Post-Setup
Module 4: Cost Component Structures & Overhead Management - Designing Cost Component Structures for Clarity
- Assigning Cost Components to Segments
- Configuring Cost Component Structure to Output Areas
- Mapping Cost Components to G/L Accounts
- Setting Up Overhead Costing Sheets
- Defining Base Cost Elements for Overhead Application
- Creating Overhead Rates by Cost Center and Activity Type
- Configuring Percentage-Based Overhead Application
- Using Formulas in Overhead Calculation
- Setting Up Template-Based Overhead for Service Industries
- Validating Overhead Distribution Accuracy
- Troubleshooting Overhead Under/Over Application
- Adjusting Overhead for Multi-Level Production
- Handling Overhead in Make-to-Order vs. Make-to-Stock
- Integrating Overhead with Project Systems (PS)
Module 5: Material Cost Estimate Creation & Execution - Creating Single-Level vs. Multi-Level Cost Estimates
- Selecting the Correct Costing Variant for Estimate Type
- Executing CK11N: Manual Costing Run for Single Material
- Using CK40N for Collective Costing Runs
- Understanding the Roll-Up Logic in Multi-Level Estimates
- Managing QuANTITY STRUCTURE access in Routing
- Incorporating Activity Types from Work Centers
- Validating Activity Price Calculation from Cost Centers
- Handling External Procurement Costs in Estimate
- Processing Scrapping and Rework in Costing
- Using Co-Products and By-Products in Cost Allocation
- Managing Joint Production with Splitting Rules
- Validating Scrap Percentages and Their Impact
- Reprocessing Cost Estimates After BOM Changes
- Comparing Old vs. New Estimates for Variance Analysis
Module 6: Cost Estimate Release & Price Update - Executing CK24: Releasing Cost Estimates
- Understanding the Impact of Release on Standard Price
- Setting Up Automatic Price Update Rules
- Validating Price Update in Material Master (MARC Table)
- Handling Materials with Multiple Plants
- Managing Price Freeze and Manual Override Scenarios
- Releasing Estimates for Consignment and Third-Party Scenarios
- Impact of Price Update on Inventory Valuation
- Releasing Estimates with Multiple Valuation Areas
- Monitoring Released Prices Across Clients
- Documenting Released Cost Estimates for Audit Trails
- Reporting on Released vs. Pending Estimates
- Handling Partial Releases and Segmented Updates
- Reversing Released Prices: Risks and Procedures
- Using Simulation Runs Before Final Release
Module 7: Integration with Production & Procurement - Integration of Costing Data with PP-PI Processes
- Using Cost Estimates in Production Order Variance Analysis
- Linking Standard Costs to Production Order Settlement
- Valuation of Work in Process (WIP) Using Standard Costs
- Settlement of Variances to G/L Accounts
- Understanding Make-to-Order (MTO) Costing Implications
- Configuring Sales-Order-Controlling (CO-PC-SOP)
- Integration with Material Requirements Planning (MRP)
- Costing for Subcontracting Scenarios
- Handling Vendor Consignment Stock in Costing
- Third-Party Order Processing and Cost Flow
- Integration with External Procurement and Purchasing Info Records
- Leveraging Info Records for Price Determination
- Validating Contract-Based Pricing in Cost Estimates
- Managing Quota Arrangements Impact on Costing
Module 8: Material Ledger & Actual Costing in S/4HANA - Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Designing Cost Component Structures for Clarity
- Assigning Cost Components to Segments
- Configuring Cost Component Structure to Output Areas
- Mapping Cost Components to G/L Accounts
- Setting Up Overhead Costing Sheets
- Defining Base Cost Elements for Overhead Application
- Creating Overhead Rates by Cost Center and Activity Type
- Configuring Percentage-Based Overhead Application
- Using Formulas in Overhead Calculation
- Setting Up Template-Based Overhead for Service Industries
- Validating Overhead Distribution Accuracy
- Troubleshooting Overhead Under/Over Application
- Adjusting Overhead for Multi-Level Production
- Handling Overhead in Make-to-Order vs. Make-to-Stock
- Integrating Overhead with Project Systems (PS)
Module 5: Material Cost Estimate Creation & Execution - Creating Single-Level vs. Multi-Level Cost Estimates
- Selecting the Correct Costing Variant for Estimate Type
- Executing CK11N: Manual Costing Run for Single Material
- Using CK40N for Collective Costing Runs
- Understanding the Roll-Up Logic in Multi-Level Estimates
- Managing QuANTITY STRUCTURE access in Routing
- Incorporating Activity Types from Work Centers
- Validating Activity Price Calculation from Cost Centers
- Handling External Procurement Costs in Estimate
- Processing Scrapping and Rework in Costing
- Using Co-Products and By-Products in Cost Allocation
- Managing Joint Production with Splitting Rules
- Validating Scrap Percentages and Their Impact
- Reprocessing Cost Estimates After BOM Changes
- Comparing Old vs. New Estimates for Variance Analysis
Module 6: Cost Estimate Release & Price Update - Executing CK24: Releasing Cost Estimates
- Understanding the Impact of Release on Standard Price
- Setting Up Automatic Price Update Rules
- Validating Price Update in Material Master (MARC Table)
- Handling Materials with Multiple Plants
- Managing Price Freeze and Manual Override Scenarios
- Releasing Estimates for Consignment and Third-Party Scenarios
- Impact of Price Update on Inventory Valuation
- Releasing Estimates with Multiple Valuation Areas
- Monitoring Released Prices Across Clients
- Documenting Released Cost Estimates for Audit Trails
- Reporting on Released vs. Pending Estimates
- Handling Partial Releases and Segmented Updates
- Reversing Released Prices: Risks and Procedures
- Using Simulation Runs Before Final Release
Module 7: Integration with Production & Procurement - Integration of Costing Data with PP-PI Processes
- Using Cost Estimates in Production Order Variance Analysis
- Linking Standard Costs to Production Order Settlement
- Valuation of Work in Process (WIP) Using Standard Costs
- Settlement of Variances to G/L Accounts
- Understanding Make-to-Order (MTO) Costing Implications
- Configuring Sales-Order-Controlling (CO-PC-SOP)
- Integration with Material Requirements Planning (MRP)
- Costing for Subcontracting Scenarios
- Handling Vendor Consignment Stock in Costing
- Third-Party Order Processing and Cost Flow
- Integration with External Procurement and Purchasing Info Records
- Leveraging Info Records for Price Determination
- Validating Contract-Based Pricing in Cost Estimates
- Managing Quota Arrangements Impact on Costing
Module 8: Material Ledger & Actual Costing in S/4HANA - Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Executing CK24: Releasing Cost Estimates
- Understanding the Impact of Release on Standard Price
- Setting Up Automatic Price Update Rules
- Validating Price Update in Material Master (MARC Table)
- Handling Materials with Multiple Plants
- Managing Price Freeze and Manual Override Scenarios
- Releasing Estimates for Consignment and Third-Party Scenarios
- Impact of Price Update on Inventory Valuation
- Releasing Estimates with Multiple Valuation Areas
- Monitoring Released Prices Across Clients
- Documenting Released Cost Estimates for Audit Trails
- Reporting on Released vs. Pending Estimates
- Handling Partial Releases and Segmented Updates
- Reversing Released Prices: Risks and Procedures
- Using Simulation Runs Before Final Release
Module 7: Integration with Production & Procurement - Integration of Costing Data with PP-PI Processes
- Using Cost Estimates in Production Order Variance Analysis
- Linking Standard Costs to Production Order Settlement
- Valuation of Work in Process (WIP) Using Standard Costs
- Settlement of Variances to G/L Accounts
- Understanding Make-to-Order (MTO) Costing Implications
- Configuring Sales-Order-Controlling (CO-PC-SOP)
- Integration with Material Requirements Planning (MRP)
- Costing for Subcontracting Scenarios
- Handling Vendor Consignment Stock in Costing
- Third-Party Order Processing and Cost Flow
- Integration with External Procurement and Purchasing Info Records
- Leveraging Info Records for Price Determination
- Validating Contract-Based Pricing in Cost Estimates
- Managing Quota Arrangements Impact on Costing
Module 8: Material Ledger & Actual Costing in S/4HANA - Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Understanding the Purpose of Material Ledger
- Activating Material Ledger at Client and Valuation Area Level
- Configuring Price Control: Standard (S) vs. Moving Average (V)
- Periodic Closing: ML Closure and Price Determination
- Running Actual Costing (CKMLCP)
- Understanding Valuation Run and Its Impact
- Processing Multi-Level Price Determination
- Handling Currency Translation in ML
- Revaluation of Inventory Based on Actual Costs
- Settlement of Price Differences to G/L
- Reporting on Material Price Variance (MPV)
- Analyzing Mixed Price Variance
- Using Actual Costing in Dual Valuation Environments
- Troubleshooting ML Activation Errors
- Documenting Actual Costing Results for Month-End Close
Module 9: Reporting & Analytics for Costing Transparency - Navigating Standard SAP Reports for Costing
- Using CKM3: Material Cost Estimate List
- CKM4: Display Costing Run Results
- CKM9: Material Ledger Reporting
- Creating Custom CDS Views for Costing Data
- Built-in Fiori Apps for Costing Analysis
- Setting Up SAP Analytics Cloud (SAC) Dashboards
- Integrating Costing Data with SAP BW/4HANA
- Designing Variance Reports by Material Group
- Producing Side-by-Side Estimate Comparison Reports
- Monitoring Costing Run Performance Over Time
- Generating Audit-Ready Costing Documentation
- Creating Drill-Down Reports for Cost Components
- Setting Up Alerts for Price Change Triggers
- Using SAP Query (SQ01) for Ad-Hoc Cost Analysis
Module 10: Advanced Costing Scenarios & Industry Use Cases - Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Costing in Process Industries (PP-PI)
- Batch-Dependent Costing with Classification
- Pharma and Chemical Industry: In-Process Costing
- Automotive Industry: Co-Product and By-Product Allocation
- High-Tech: Configurable Material Costing (LO-VC)
- Engineering-to-Order: Project-Based Costing
- Handling Phantom Assemblies in BOMs
- Costing for Variant Configuration Models
- Service Costing in Non-Manufacturing Environments
- Costing for Maintenance and Service Orders
- Construction Industry: WIP and Progress-Based Billing
- Energy Sector: Resource-Intensive Costing Models
- Retail and Distribution: Transfer Pricing Across Regions
- Defining Regulated Costing for Compliance (SOX, IFRS)
- Documenting Complex Costing Logic for Auditors
Module 11: Change & Transport Management for Costing - Transporting Costing Configuration via CTS
- Managing Costing Variants in Development, Test, and Production
- Using CTMS for Cross-Client Transport
- Best Practices for Costing Data Transport
- Handling Custom Program Transports
- Change Documentation for Costing Runs
- Versioning of Cost Estimates for Historical Reference
- Using SAP Solution Manager for Change Control
- Managing Emergency Configuration Corrections
- Approval Workflows for Costing Changes
- Role-Based Access for Costing Configuration
- Segregation of Duties in Costing Processes
- Tracking Unauthorized Changes to Costing Sheets
- Automated Change Detection Alerts
- End-to-End Transport Logging and Audit Trails
Module 12: Testing, Validation & Go-Live Support - Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Designing Test Cases for Costing Scenarios
- Unit Testing: Single Material Cost Estimate
- Integration Testing: PP, MM, FI, CO Modules
- Regression Testing After System Updates
- End-to-End Testing: From BOM to Cost Estimate to GL
- Using LSMW for Data Migration Validation
- Executing Dry Runs of CK11N and CK40N
- Validating Output in Material Ledger Reports
- Testing Price Update in Different Plants
- Simulating Month-End Closing with ML
- Go/No-Go Criteria for Costing Readiness
- Creating a Go-Live Support Runbook
- First Day Support: Resolving Real-Time Issues
- Post-Go-Live Monitoring Dashboard Setup
- Incident Response Plan for Costing Errors
Module 13: Troubleshooting & Common Pitfalls in S/4HANA Costing - Diagnosing Incorrect Cost Roll-Up in Multi-Level Estimates
- Fixing Missing Activity Allocation from Cost Centers
- Resolving BOM or Routing Access Errors
- Handling Incomplete Costing Runs
- Troubleshooting Material Ledger Activation Failures
- Addressing Price Control Mismatches
- Correcting Overhead Rate Calculation Errors
- Fixing Cost Component Mapping to G/L
- Resolving Dual Valuation Currency Errors
- Addressing Data Migration Gaps in Material Master
- Handling Discrepancies in Inventory Valuation
- Debugging Custom Enhancements Impacting CK11N
- Resolving Transport Errors for Costing Objects
- Clearing Blocked Cost Estimates
- Preventing Recurring Configuration Drift
Module 14: Best Practices, Optimization & Performance Tuning - Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention
Module 15: Certification, Professional Development & Next Steps - Preparing for the Final Knowledge Assessment
- Reviewing Key Concepts Across All Modules
- Practicing Scenario-Based Exam Questions
- Submitting Course Completion Requirements
- Receiving Your Certificate of Completion from The Art of Service
- Adding the Credential to LinkedIn and Resumes
- Accessing Post-Course Professional Resources
- Joining the Certified Practitioner Network
- Receiving Job Board Alerts for S/4HANA Roles
- Access to Updated Implementation Templates
- Exclusive Access to Advanced S/4HANA Finance Content
- Mentorship Opportunities with Senior Consultants
- Guidance on Pursuing SAP Certification Exams
- Creating a Personal Development Roadmap
- Tracking Career Progress with a Digital Learning Passport
- Optimizing Costing Run Performance for Large Volumes
- Using Parallel Processing in Collective Runs
- Scheduling Costing Jobs via Background Processing
- Monitoring Job Duration and Resource Usage
- Reducing Memory Overhead in Multi-Level Estimates
- Indexing Critical Tables for Faster Access
- Archiving Obsolete Cost Estimates
- Setting Up Job Alerts and Notifications
- Standardizing Templates Across Global Sites
- Creating Reusable Configuration Documentation
- Developing Onboarding Guides for New Team Members
- Establishing Costing Review Meetings for Governance
- Implementing Continuous Improvement in Costing Processes
- Automating Pre-Costing Data Validation
- Building Knowledge Repositories for Long-Term Retention