Proven techniques to improve your cost of sales accuracy

Learn all about cost estimates, from how they are configured to how to trouble shoot costing run messagesl

Learn techniques to correctly set up cost estimates using SAP ERP controlling functionality (commonly referred to as CO), and see how this could increase the accuracy of cost-of-sales estimates and improve planning processes. Identify your options for setting up master data. Learn how cost estimates employ logistics master data to determine the standard price of assemblies and finished goods. Learn the best ways to allocate overhead to product costs. Examine how to use cost components to assign a cost estimate to a group of similar components such as materials, labor, or overhead. See how a costing variant enables your
SAP system to use the right prices, bills of material, and routings. Step through a list of costing variant configuration settings. Find out how to create standard and preliminary cost estimates, and understand how they assemble and display price information. Determine how to quickly evaluate and resolve cost estimate warnings and error messages, and why these notifications should never be ignored.

Expert lessons for optimizing your production process and variance analysis capability

Learn how to analyze variances in order to improve your production process and increase process efficencies.

Explore the different types of variance calculations available with SAP ERP controlling functionality (commonly referred to as CO), including total variance, production variance, and planning variance. Learn when and how to use each to enhance your analysis activities. Walk through variance configuration settings and understand their impact on your variance reports. Gain insight into how variance categories can be used to examine and determine the root causes of production variances. Troubleshoot message analysis of the four input and four output variance categories, such as input price, resource usage, and input quantity variance. Obtain clear definitions and examples from the field of periodend variance analyses. Learn how to identify typical problems that can occur with total, production, and
planning variance calculations; and get expert advice for how to take corrective action.