SAP Product Costing Training Course

10 Lesson

40 Hours

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igmGuru offers the best SAP Product Costing Training Program worldwide for learners of all levels. Our training includes key topics such as material cost estimates with and without BOM, product cost planning configuration, costing runs, advanced costing methods, extended valuation, cost component structures, and integration with FI, MM, and PP modules. The SAP Product Costing certification course content is designed by industry experts with over 10 years of experience in SAP finance, controlling, and production planning.

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Overview

Prerequisites:

Basic SAP navigation and terminology
Understanding of organizational structure (company code, controlling area)
SAP Controlling (CO) fundamentals: cost centers, internal orders, cost elements
SAP Financial Accounting (FI) basics: general ledger, financial processes
Material Management (MM) basics: material master, valuation, inventory
Production Planning (PP) basics: BOM, routing, work centers
Basic cost accounting knowledge: cost allocation, cost behavior

What You Will Learn

Configure and manage product costing in SAP
Perform material cost planning and cost estimation
Understand cost element, cost center, and internal order integration
Analyze product costs and variances
Work with Bill of Materials (BOM) and routing for cost calculation
Integrate product costing with SAP FI, SAP MM, and SAP PP modules
Generate standard cost estimates, cost reports, and profitability analysis

Key Features

100% Job Assistance
Experienced & Professional Trainers
24 X 7 Lifetime Support & Access
1 On 1 Training Option Available
Small Batches Upto 10 Participants
Instructor Led Training : 40 Hrs

Course Curriculum

Lesson 1 - What is Product Costing

1. Purpose of product costing in SAP

2. Helps in pricing, profitability analysis, and decision making

3. Integration with FI, MM, and PP modules

Lesson 2 - Material Cost Estimate Without BOM

1. Calculate material costs without BOM or routing

2. Useful for simple products or purchased materials

3. Set up costing types and costing variants

Lesson 3 - Preparation for Product Costing

1. Set up master data: material master, cost center, activity types

2. Configure organizational structures: company code, controlling area

3. Ensure all data is ready for cost calculation

Lesson 4 - Product Costing Configuration

1. Configure costing variants (method of costing)

2. Configure costing types (standard cost, planned cost, etc.)

3. Configure cost component structure (raw materials, labor, overhead, etc.)

Lesson 5 - Material Cost Estimate With BOM

1. Calculate costs for production materials using BOM and routing

2. Include raw material, labor, machine, and overhead costs

3. Used for manufactured products

Lesson 6 - Costing Run (Mass Processing)

1. Automate costing for many materials at once

2. Reduces manual work and ensures up-to-date standard costs

Lesson 7 - Advanced Cost Estimate Methods

1. Mixed costing (different methods for one material)

2. Special procurement (external procurement, subcontracting)

3. Handle by-products, co-products, and scrap costs

Lesson 8 - Extended Valuation Methods

1. Different ways to value materials (standard price, moving average)

2. Handle scrap, joint products, and production variances

3. Adjust costs for production or material changes

Lesson 9 - Valuation Options

1. Choose the right valuation strategy for materials

2. Calculate costs based on market price, standard cost, or other methods

3. Ensure accurate cost reporting and financial integration

Lesson 10 - Outcome

1. Plan, calculate, and analyze product costs in SAP S/4HANA

2. Integration with FI, MM, PP, and other SAP modules

3. Generate standard cost estimates, costing reports, and variance analysis

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Course Fees

Online Class Room Program

US $ 799.00

100% Money Back Guarantee

Duration : 40 Hrs
Plus Self Paced

Classes Starting From

Fast Track Batch 08 Jul 2026
Weekday Batch 13 Jul 2026
Weekend Batch 11 Jul 2026

Corporate Training

Customized Training Delivery Model
Flexible Training Schedule Options
Industry Experienced Trainers
24x7 Support

Trusted By Top Companies Worldwide

Want to know Today's Offer

SAP Product Costing Certification

Upon successful completion of the SAP Product Costing Training, we will provide a Course Completion Certificate to all learners. This certificate validates your expertise in planning, calculating, and analyzing product costs in SAP S/4HANA, as well as your ability to integrate costing processes with FI, MM, and PP modules.

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SAP Product Costing Training Course