• Sap Product Costing Pdf Sheet
• Sap Product Costing Pdf Template
• Sap Product Costing User Manual Pdf
• Sap Product Costing Pdf Examples

This SAP CO-PC end user training guide offers an overview of the concepts and principles of standard costing implemented in SAP. Organizational Structure Level for Product Costing Master Data from Controlling and Logistics Areas Overhead Costs (Costing Sheets) Cost Component Structure Costing Sequence Product Costing Integration with MM and SD Modules Costing Methods Material Cost. What do you mean by the Primary cost component split? – The primary cost split occurs when.

This training guide provides instructions for procedures of planning product costs (CO-PC-PCP) in SAP Controlling module (SAP CO-PC).

1. Product costing flow: overview: 1. Product costing flow for discrete manufacturing w/o PA 2. Product costing flow for discrete manufacturing with PA: 3. Product costing flow for make-to-order production with valuated stock and PA 4. Product costing flow for make-to-order production with PA 5. Product costing flow for assemble-to-order.
2. The SAP product costing module is a good example of the integrated nature of the R/3 System. Information is extracted from many modules including:. Financial (FI). Controlling (CO). Material Master (MM). Production.

• Purpose of Product Cost Planning in SAP
• Organizational Structure
• Cost Related Master Data
• Overhead Costs (Costing Sheets)
• Cost Components
• Cost Component Structure
• Costing Sequence
• Costing Methods
• Material Cost Estimate with Quantity Structure
• Material Cost Estimate Without Quantity Structure
• Customizing (Preparation of Costing)
• Product Cost Planning with Costing Run and Primary Cost Splitting
• Product Cost Planning with Multilevel Unit Costing

Download – SAP CO Product Cost Planning: The Absolute Beginner’s Guide

This is a comprehensive list of SAP Product Costing Interview Questions which are truly based on the technical aspect of the subject. In these questions, I have focused on the most important segments of Product Costing (like configurations & settings). These you require during the implementation of Product Costing in the SAP system.

Prepare for SAP Product Costing Interview with the Best Questions

The list includes questions in relation to configuration of cost components, sales order costing, WIP calculation, material Ledger and more. Preparing with these SAP product costing interview questions will help you to prove your practical knowledge in the subject and show your hold over the various technical sections of this functional module.

Sap Product Costing Pdf Sheet

1. What do you mean by the Primary cost component split?

Ans. – The primary cost split occurs when you create a cost component structure. When we switch on this setting, the system picks up the primary cost from the cost center and assigns it to the various cost components.

2. How does the system pick a primary cost from the cost center into the cost component structure?

Ans. – This is possible when we do a planned activity price calculation from SAP. The SAP system assigns the primary cost component structure to plan version-0 in the SAP Controlling.

3. Is it possible to configure two cost component structures for the same product in order to have two different views?

Ans. – Yes, it is possible. We can create another cost component structure and assign it to the main cost component structure. This cost component structure is called the Auxiliary cost component structure. It provides another view of the cost component structure.

4. How do you go about configuring the Sales Order Costing?

(Mark it as for SAP Product Costing Interviews)

Ans. – Sales Order => Requirement Type => Requirement Class => All settings for controlling.

In the sales order, we have a Requirement Type.

In the configuration, we attach the requirement-class to the requirement-type. Here, we maintain all the configuration settings for this requirement-class for controlling.

Further, in the requirement-class, we attach the costing variant. Please note, we attach the condition type EK02 where we want the sales order cost to be updated and the account assignment category.

Likewise, in the account assignment category, we define whether the sales order will carry the cost or not. If not, then we keep the consumption posting field blank.

We also define here the Results Analysis version which helps to calculate the Results Analysis for the sales order if we require.

5. What is the basic difference in the WIP calculation between

Ans. – Generally in product cost by order, we calculate the WIP at the actual costs. While in the product cost by period (repetitive Manufacturing), we calculate the WIP at target costs.

This is the main difference.

Sap Product Costing Pdf Template

Related: Best Changes in SAP CO-PA in S/4HANA

6. What are the configuration settings for calculating WIP in SAP?

(Mark it as SAP Product Costing interview questions).

Read: Best SAP FICO Interview Questions

7. What precautions you should take while switching on the material ledger for a plant?

Ans.–Once we activate the material ledger for a plant, we cannot switch it off. Therefore we should be very careful before activating the material ledger for a plant.

Sap Product Costing User Manual Pdf

8. How do you go about configuring material ledger?

Ans. – The process to follow forMaterial Ledger Configuration:

1. Activate Valuation Areas for Material Ledger
2. Assign Currency Types to Material Ledger Type
3. Then assign Material Ledger Types to Valuation Area
4. MaintainNumber Ranges for Material Ledger Documents
5. Activate Actual Costing ( whether activity update relevant for price determination)
6. Next, activateActual Cost Component split
7. Lastly, customize settings in OBYC

9. What problems you may face while activating a material ledger?

Ans. – When we activate a material ledger, it is imperative that we perform the actual costing run every month. This is to say, we should do the actual costing run immediately after the new month rollover.

This is also important because, after the actual costing run, we cannot post any MM entry to the previous period.

Read: Product Cost Planning in SAP Product Costing

EndNote

Why are these SAP Product Costing Interview Questions important for you?

Product Costing is an important segment of SAP Controlling. It is as important as the S/4HANA Finance module. You may find a good amount of study material for SAP FICO or S/4HANA Finance interview questions, but there are very fewer qualitative data available for free for SAP Product Costing interview questions on the web.

I hope these questions would help to better prepare for your next dream job where you wish to have SAP Controlling configuration and maintenance as an important job role in your KRA.

Sap Product Costing Pdf Examples

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