Sap Co Production Variance Analysis In S4 Hana 1909

SAP CO : Variance analysis (Input Side & Output Side variances),Scrap Variance with Product Costing in S/4 HANA 1909
What you'll learn
SAP CO: Production VARIANCE ANALYSIS in S/4 HANA 1909
Requirements
SAP FI & CO modules are required.
Description
Production Variance Analysis is most important and need to analyze for every manufacturing industry sectors to cost control. Variance CategoriesThe variances are assigned to variance categories in the following sequence:Input Side VariancesInput price varianceInput quantity varianceResource-usage varianceRemaining input varianceOutput Side VariancesMixed-price varianceOutput price varianceLot size varianceRemaining varianceScarp Variance:Assembly Scrap: Operation ScrapComponent ScrapInput Side VariancesVariances reported on the input side of manufacturing orders from production transactions like goods issue, confirmation of order etc.• Input Price Variance Input price variance occurs because of changes in prices which is planned price and actual price.• Input Quantity VarianceInput quantity variance occurs because of difference between the planned and actual quantity and activities consumed.• Resource Usage VarianceThis kind of variance generally occurs when the substitute component is used instead of planned one.When the planned material is not and alternate material is used in production process the resource usage variance is seen because of cost difference of both materials.• Remaining Input VarianceWhen available variance on order is not possible to assign to any of the categories above mentioned system treats this as a remaining input variance.The possible reason to get the remaining input variance is overheads rates are changed meanwhile.Output Side Variances• Output Price VarianceThe output price variance occurs because if standard price is changed after the credit posted to stock and before calculation of variances on production order..• Mixed Price VarianceMixed price variance occurs when material is valuated based on using mix cost estimate. The target cost of credit in this case is dependent on confirmed quantity of standard cost from procurement alternative and actual cost is depend on actual quantity confirmed on standard price.• Lot Size VarianceThe lot size variance arises due the difference between the lot size used in manufacturing order and lot size at the time of standard cost estimate.• Remaining VarianceRemaining variances occurs on order when system is not able to assign variance to any categories.Remaining variance also considered when target cost of the material is not present in system as like when standard cost estimate does not available in system or goods receipt against a production order has not been performed.
Overview
Section 1: Introduction of Production Variances categories
Lecture 1 Introduction of Production Variances categories
Section 2: Company code, Controlling Area and FI-MM(OBYC) Integration settings with GL
Lecture 2 Organization/Enterprise Structure Configuration
Lecture 3 Financial Accounting Settings
Lecture 4 Controlling Area creation and It's settings
Lecture 5 GL accounts creation and OBYC-FI-MM Integration and Business partner creation
Section 3: Basic Product costing configuration settings
Lecture 6 Costing Sheet Design for Factory OH calculation
Lecture 7 Cost Component Structure-OKTZ-Configuration Settings
Lecture 8 Costing Variants-Standard Cost PPC1-Preliminary Cost PPP1-Simultaneous Cost PPP2
Lecture 9 Variance Calculation and Settlement Configuration settings
Lecture 10 Splitting Structure mapping for Cost elements to Activity types
Lecture 11 KP06-KP26-KSS4 and KSPI Transactions for "Activity Type rate" calculation
Section 4: Material Ledger Configuration
Lecture 12 Material Ledger Configuration
Section 5: 1. Input Side Variances - Production Variances
Lecture 13 Input Price Variance- Through Material
Lecture 14 Input Price Variance - Through Activity Type
Lecture 15 Input Quantity Variance- Through Material
Lecture 16 Input Quantity Variance- Through Activity type
Lecture 17 Resource Usage Variance
Lecture 18 Remaining Input Variance
Section 6: 2. Outside Side Variances - Production Variances
Lecture 19 Lot size/Fixed cost variances
Lecture 20 Mixed Price Variance
Lecture 21 Remaining variance
Lecture 22 Output Price Variances
Section 7: Scarp Variance
Lecture 23 Assembly scrap
Lecture 24 Operation scrap
Lecture 25 Component scrap
CPA , CMA , ACCA , CA , MBA , M Com,B Com students and Professionals, SAP FICO Consultants and End Users.


Homepage

https://www.udemy.com/course/sap-co-production-variance-analysis-in-s4-hana-1909/

Sap Co Production Variance Analysis In S4 Hana 1909 Fast Download
Sap Co Production Variance Analysis In S4 Hana 1909 Full Download