Configurable materials, by definition, do not have a standard cost. To better understand manufacturing variances for configurable products such as a computer or car, you can create a standard cost based on the variant configuration options chosen in a sales order item. Learn which master data and configuration is required to create this temporary standard cost, and how it affects variance analysis.
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Take away from this session details of variance analysis you can apply to configurable materials and relevant GL account postings.
Register today and learn how to create a standard cost for confgurable materials to analyze variances.
Birgit Starmannsis a senior director in the Global Center of Excellence for Finance and Risk, focused on the go-to-market for new solutions, and the business benefits they can bring to organizations. These new solutions include SAP S/4HANA Finance, cloud solutions for Finance, and solutions based on SAP Leonardo technologies such as machine learning. Birgit has over 27 years of experience across solution marketing, solution management, strategic customer communities and management consulting organizations. Prior to SAP, she was a principal in management consulting organizations, including Price Waterhouse and several boutique firms. Birgit holds a BA and MBA from the College of William and Mary. She is the author of many articles for the Financials Expert, the coauthor of the SAP Press book Accelerated Financial Closing with SAP, and the SAP Labs guidebook Product Costing Scenarios Made Easy. In addition, she is a regular presenter at various SAP events.