Enterprises who calculate their product and manufacturing costs as well as quotations accurately, across the complete operational chain of departments - from production, sales to controlling – are economically successful. The more accurate the estimated cost, the decision-making will be more precise, thereby ensuring a forward-looking and efficient control of the business.
Contemplate about the costing requirements of the organisation, and discover important functionality for inventory valuation, standard product costing, production order costing, actual costing, and more. S/4HANA has made some groundbreaking enhancements & changes in the areas of Financial Accounting and Controlling. Our Product Costing solution has adopted the new functionality in Account Based Profitability Analysis, Material Ledger, Fixed Asset Accounting and the General Ledger and has designed keeping in mind this new functionality. From the S/4HANA 1809 release, several new improvements have been made to Product Costing in the GUI and FIORI, introduction of some new fields and has integrated the Target Versus Actual Costing data within the Universal Journal, the same has been incorporated in the solution. Discover the SAP FIORI applications streamlining the organizations’ product costing activities, preparing for the organisation for improvement in efficiency and control of business.
- Go through inventory valuation, actual costing, and more
- Realize the standard product and manufacturing order costing
- Discover new SAP FIORI apps and roles
| Complete Sales Planning in Manufacturing environment | SAP S/4HANA and Controlling | The Material Ledger |
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| Actual Postings | SAP FIORI Applications | |
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| Allocations Using SAP Profitability and Cost Management (PCM) | The Universal Journal | Planning Using SAP BW Technologies Period Close - the SAP Financial Closing Cockpit |
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- Calculation and simulation across cost estimate and accounting areas
- Integration into SAP variant configuration
- Calculation and simulation of a complete product cost lifecycle
- Generation of calculations without templates or based on document structures, sales order, sales materials, work schedules etc.
- Work flow-supported calculation processing and generation of cost estimates
- Customer-specific extensions or integration of external data sources at any time through SAP User Exits and BADIs
- Calculation of machine hourly rates, processing operations and material prices according to countries and regions (to be selected)
- Creation of calculation templates
- Define own surcharges (in percentage, as a fixed value, formula)
- Extensive search tools, change history and error list
Addressing Industry Challenges
- Streamlined, real-time ERP integration, accurate calculation data, quick creation and simulation of calculations
- Low maintenance, due to data access from all SAP modules: integrated data models, no data redundancy
- Quick retrieval of calculations (centrally stored in SAP, various search functions)
- Intuitive and user-friendly operation
- Fast & quick creation and calculation processing with calculation templates
- Transparent Cost and process across product cost life cycles for quick and comprehensive management decisions
- Efficient calculation based on consistent process integration (e.g. request - cost estimate - order)
- Efficient “make-or-order” decisions through market and supplier analyses based on average, material, machine and labor costs