SAP Product Costing is an important area of management accounting for organisations that need structured methods to plan, calculate and analyse the cost of manufactured products. This course provides a practical introduction to product costing processes within SAP S/4HANA, guiding learners through key configuration areas and the steps involved in preparing and executing standard cost estimates.

The course begins with the foundations of product costing and introduces a realistic business scenario to provide context for later configuration activities. Learners explore material master data and pricing controls before progressing to the core elements that contribute to manufacturing costs. These include bills of materials, routings, activities and overheads.

A substantial part of the course focuses on activity type price planning. Learners examine activity types, secondary cost elements, cost element input planning and activity price calculation. This helps build an understanding of how internal activities can contribute to product costs and how planning information supports the wider costing process.

The programme then moves into overhead configuration, including overhead keys and overhead groups. Learners are introduced to costing sheets and costing variants, exploring their purpose and configuration within a structured product costing environment. Routing and work centre configuration are also covered, helping learners understand how operational information connects with cost calculation.

Further lessons examine the cost component structure, which supports the organised presentation and analysis of different cost elements within a product estimate. The final stage focuses on the standard costing process, including the steps involved in executing a cost estimation run, marking calculated costs and releasing the standard cost.

By bringing these areas together, the course helps learners develop a clearer understanding of how master data, planning, configuration and costing execution interact within SAP S/4HANA. The practical structure makes it relevant for learners seeking greater confidence with product costing processes, although access rights and system configuration may vary between organisations and implementations.