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Cost Center and Internal Order Accounting in SAP S/4HANA Course Overview

The Cost Center and Internal Order Accounting in SAP S/4HANA Course Overview equips finance and accounting professionals with essential skills to effectively manage and analyze costs within organizations. This course is vital for controllers, financial analysts, and project managers seeking to optimize financial performance and gain deeper insights into cost management strategies using SAP S/4HANA.


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Course Introduction

Price:

USD 750

Duration:

40 Hrs.

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  • Introduction to Cost Center Accounting
    • Overview of Cost Center Accounting in SAP S/4HANA
    • Importance and purpose of cost centers
    • Structure and hierarchy of cost centers
  • Configuration of Cost Centers
    • Creating and managing cost centers
    • Assigning cost centers to controlling areas
    • Setting up cost center master data
  • Internal Order Accounting
    • Understanding internal orders and their significance
    • Types of internal orders (overhead, investment, etc.)
    • Configuration and management of internal orders
  • Budgeting and Planning
    • Budgeting process in Cost Center Accounting
    • Planning cost and revenue in internal orders
    • Variance analysis and reporting
  • Cost Allocation and Settlement
    • Methods of cost allocation (distributions, assessments)
    • Settlement of costs from internal orders
    • Period-end closing processes
  • Reporting and Analysis
    • Key reports in Cost Center and Internal Order Accounting
    • Analyzing costs and performance metrics
    • Utilizing SAP Fiori apps for enhanced reporting
  • Integration with Other SAP Modules
    • Integration with Financial Accounting (FI)
    • Integration with Materials Management (MM)
    • Interactions with Project System (PS)
  • Practical Exercises and Case Studies
    • Hands-on exercises using the SAP S/4HANA system
    • Real-world case studies to reinforce learning
    • Best practices for effective cost accounting
  • Course Conclusion
    • Recap of key concepts and learning outcomes
    • Q&A session
    • Resources for further learning and support

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