Product Costing - Demonstration of Product Cost by Order

In this live session, we will explore the event-based approach to Production Accounting in SAP S/4HANA. The session will explain how event-based postings allow real-time cost capture, variance calculation, and WIP determination at each production event.

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

• The concept of event-based production accounting and how it differs from classical order settlement
• How production events (goods issue, confirmations, goods receipt, variances) trigger real-time postings in the Universal Journal
• How WIP, variances, and actual costs are calculated using the event-based approach