Course announcements

  • This course provides you with an overview of the design and structure of overhead management controlling and product controlling. You will learn to configure cost center accounting and internal orders as well as to handle the tools of product cost planning. You will configure and execute standard cost estimates with the results updating material master records. You will configure and execute cost object controlling with an example of controlling a production process in a make to stock environment.

Goals

  • Implement overhead management accounting (OM)
  • Perform actual postings and period end closing activities in OM
  • Perform cost center planning
  • Implement internal order processing
  • Perform product cost planning
  • Implement cost object controlling in a make to stock scenario

Audience

  • Consultants responsible for implementing Management Accounting

Prerequisites

Essential

  • Knowledge of Management Accounting (Controlling)
  • TFIN20 contains: E-Learnings TERP01 and TERP20, to be completed before starting the training course TFIN20

Course based on software release

  • SAP ERP Central Component 6.0 Enhancement Package 7

Content

  • Organization Units and Master Data of Overhead Management (Cost Elements, Cost Centers, Activity Types, statistical Key Figures, Internal Orders)
  • Debiting Cost Centers and Internal Orders
  • Validation, Substitution, Direct Activity Allocation
  • periodic Postings of Overhead Management (Periodic Reposting, Cost Allocation, Settlement, Overhead Surcharges)
  • Planning of Cost, Activities and Prices
  • Cost Estimate without Material
  • Cost Estimates with Material
  • Cost Object Controlling in a make to stock scenario with Preliminary Costing, Simultaneous Costing and Period end Closing Activities