Actual Costing and Material Ledger for S/4HANA 2020

This course will acquaint you with the functionality of the Actual Costing / Material Ledger module of the SAP S/4HANA 2020 software product. You will learn for what purposes this module is used, what tasks it solves. See practical examples on the system. This course will allow you to better prepare for certification and communicate in the same language with accountants and economists at your company.

Get an Overview of Actual Costing.

Understand Material Valuation Methods.

Understand Valuation for Material Procurement.

Understand the Production Process Flows.

Actual Costing is a part of accounting. 

Accounting splits into Financial Accounting which serves external purposes, such as reporting the balance sheet or the profit & loss statement, and into Management Accounting, Management Accounting (Controlling) deals with internal reporting. In the CO component Product Costing materials or products are valuated. Management Accounting (Controlling) deals furthermore with Overhead Management and Profitability Analysis. However, as Actual Costing covers the question of how to valuate a material or product, it is part of the CO component Product Costing alongside Product Cost Planning, and Cost Object Controlling