SAP Product Costing is a key area of management accounting for organisations that need accurate insight into manufacturing costs, resource consumption and standard cost calculations. This course provides a structured guide to product costing configuration and execution in SAP S/4HANA, helping learners understand how essential master data, planning elements and costing settings work together within an integrated business environment.

The course begins with the role of product costing and its application to realistic business scenarios. Learners then explore material master data and pricing controls, establishing the foundation required for accurate cost calculation. From there, the programme examines important manufacturing and controlling elements, including bills of materials, activities, routings and overheads.

You will develop an understanding of activity type price planning, secondary cost elements, cost element input planning and activity price calculation. These topics demonstrate how operational resources and internal activities contribute to product costs. The course also explains overhead configuration, including the relationship between overhead keys and costing sheets, helping learners understand how indirect costs can be incorporated into costing processes.

Further sections focus on costing sheets and costing variants, covering their purpose and configuration within S/4HANA. Learners will also examine routing and work centre concepts before exploring the cost component structure used to organise and present different elements of product cost.

The programme then brings these components together through the standard cost estimation process. You will learn about costing runs, the execution of standard cost estimates, and the processes involved in marking and releasing standard costs. This progression helps learners see how configuration decisions influence practical costing outcomes across manufacturing and financial processes.

By completing the course, learners can build a stronger understanding of SAP S/4HANA product costing workflows and the relationships between master data, production structures, cost planning and standard costing. The knowledge gained can support professional development in SAP controlling, manufacturing finance and ERP-related roles.