Academy · Controlling · 200 Practitioner
Product Costing: Standard Cost Estimates
Explains how SAP S/4HANA calculates standard costs from bills of material, routings, activity prices, component prices and overhead, controlled by the costing variant. Covers single cost estimates, costing runs, marking and release with stock revaluation, and the cost component split, and shows how to test cost estimates against independent calculations before new standards are released.
- 49 minutes
- 5 lessons + quiz
- Controlling Practitioner, Key User, Manufacturing Practitioner
What you’ll be able to do
- Explain the data used in a standard cost estimate
- Create and analyze a single cost estimate
- Run a costing run to mark and release standard prices
- Interpret cost component splits
- Test cost estimates against expectations
Sources and further reading
- Configuring the Costing Variant · SAP Learning
- Understanding Mark and Release · SAP Learning
- Understanding Product Cost Planning Configuration · SAP Learning
- Mark and Release Standard Cost Estimate (older release documentation) · SAP Help Portal
- Avoid Manual Errors by Automating Your Costing Run · SAPinsider
- How to Split Cost of Goods Sold (COGS) with SAP S/4HANA Finance · SAP PRESS Blog
- Not sure which app to use in product cost planning or inventory accounting? Feature comparison to the rescue · SAP Community (SAP blog)