SAP Material Ledger & Actual Costing – Consultant Masterclass

Description

The SAP S/4 HANA Actual Costing functionality is a powerful tool for calculating actual inventory prices across Raw Materials, Semi‑Finished Goods, and Finished Goods. This feature is especially valuable for manufacturing industries, enabling accurate determination of the true cost of production. With Material Ledger integration, businesses can manage materials in three different currencies and valuations, ensuring precise reporting and compliance.

In S/4 HANA, many restrictions from earlier versions have been removed, making Actual Costing more flexible and efficient than ever before. This course equips learners with the skills to configure, activate, and utilize Actual Costing and Material Ledger for real‑world business scenarios.

Why Choose This Course?

• Industry relevance: Essential for manufacturing and production companies.

• Hands-on learning: Step‑by‑step configuration guidance with practical examples.

• Career boost: Gain expertise in one of the most in‑demand SAP Finance functionalities.

• Comprehensive coverage: From setup to month‑end closing, all processes explained.

What You Will Learn

This training material covers all critical aspects of Actual Costing and Material Ledger:

• Assign currency type and define material ledger type

• Assign material ledger types to valuation areas

• Activate material ledger for valuation areas

• Define and assign movement type groups

• Activate actual costing and cost component split

• Configure distribution of consumption differences

• Activate WIP at actual costs

• Understand moving average vs. standard price

• Benefits of implementing actual costing

• Month‑end closing steps in actual costing

Course Materials Provided

To maximize your learning, we provide:

• PowerPoint presentations with detailed explanations

• Video tutorials covering concepts step by step

• Configuration documentation for hands‑on practice

• Interview questions and answers to prepare for job opportunities

Who Should Enroll?

This course is ideal for:

• SAP FI/CO consultants seeking specialization in Actual Costing

• Manufacturing industry professionals aiming to optimize cost management

• Students and beginners preparing for SAP certification exams

• Organizations training their teams in SAP S/4 HANA

Preview Material

• S/4 HANA Actual Costing Configuration Document

• S/4 HANA Actual Costing Concept Video