Foundational Elements of Product Costing (Master Data) in SAP S/4HANA

In this live session, you will gain insights into the core master data elements required for product costing in SAP S/4HANA. We will explore how various master data components such as bills of material (BOM), routings, cost centres, and activity types form the backbone of accurate cost calculations. The session will also highlight the role of costing variants and valuation strategies in the standard cost estimate process.

After participating in this live session, you will have an understanding of:

• Key master data elements used in product costing, including BOMs, routings, and work centres
• The role of cost centres, activity types, and activity prices in cost allocation
• How costing variants and valuation strategies impact cost estimates
• How to ensure master data consistency for reliable cost calculations