Improve your cost of sales accuracy with cost estimates in SAP CO

Learn all about cost estimates, from how they are configured to how to trouble shoot costing run messagesl

Gain expert instruction on how to correctly set up cost estimates in SAP CO.  See how the techniques shown in this session could increase the accuracy of cost-of-sales estimates and improve planning processes. Navigate your master data options, and learn how cost estimates employ logistics master data to determine the standard price of assemblies and finished goods. Get tips for allocating overhead to product costs.  Examine how to use cost components to assign a cost estimate to a group of similar components such as materials, labor, or overhead. Clarify how a costing variant enables your SAP system to use the right prices, bills of material, and routings.. Step through a list of costing variant configuration settings. Find out how to create standard and preliminary cost estimates, and understand how they assemble and display price information. Determine how to quickly evaluate and resolve cost estimate warnings and error messages, and why these notifications should never be ignored.

Optimize your production process with variance analysis in SAP CO

Learn how to analyze variances in order to improve your production process and increase process efficencies.

Explore the different types of variance calculations available with SAP CO, including total variance, production variance, and planning variance. Learn when and how to use each to enhance your analysis activities. Walk through variance configuration settings and understand their impact on your variance reports. Gain insight into how variance categories can be used to examine and determine the root causes of production variances. Troubleshoot message analysis of the four input and four output variance categories, such as input price, resource-usage, and input quantity variance, and walk through clear definitions and examples from the field using real-world examples of period-end variance analysis. Learn how to identify typical problems — and their sources — that can occur with Total, Production, and Planning variance calculations, and get expert advice for corrective action.