Product costing (CO-PC) within SAP S/4HANA Finance highlights the integrated nature of the SAP ERP environment by bringing together information from many different application areas including Sales and Distribution (SD), Materials Management (MM), Production Planning (PP), cost accounting (CO), and the General Ledger (FI). Using a make-to-stock (MTS) manufacturing scenario as an example, discover how each step in a manufacturing process is reflected in both the SAP General Ledger and for each controlling object. Learn how the month-end process facilitates the reconciliation between financial and management accounting, to ensure compliance with legal requirements for inventory valuation.
We will cover:
Leave this session with a good understanding of the changes in CO-PC with SAP S/4HANA Finance.
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.