Espresso Tutorials Practical guide to product cost controlling with SAP S/4 HANA

How can controlling, in light of the constant changes in framework conditions, sensitive supply chains, and fluctuating raw material prices, most effectively support management in keeping costs under optimal control and making the right decisions? In this practical handbook, you will learn how essential questions of product cost controlling can be answered using CO-PC in SAP S/4 HANA. First, the author familiarizes you with the theory: What cost accounting methods exist, which are most suitable for the intended purpose, and what does the architecture of accounting look like in S/4 HANA? Then, Thomas Wicke guides you through all the steps necessary to optimally set up and execute decision-oriented product cost controlling—from master data to the process of actual costing and the identification and evaluation of variances between planned and actual figures. You will become acquainted with important tools such as the Material Ledger or Universal Parallel Accounting (UPA), which for the first time offers a tailored solution for simultaneous valuation according to different requirements and accounting standards. Cost accounting for decision-oriented product cost controlling. Product cost controlling in turbulent times - simulation in SAC4Planning. Volatile prices - actual costing with the Material Ledger. Universal Parallel Accounting (UPA).