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Product Cost Planning in SAP S/4HANA

Master professionals in Product Cost Planning in SAP S/4HANA to solve inaccurate product costing and inefficient margin analysis. Designed for Application Consultants, Project Managers, and Power Users, this course delivers hands-on skills in material cost estimates, costing variants, and multilevel planning. With 11–20% of the C_TS4CO_2023 exam dedicated to this domain, mastering it is critical—over 400,000 SAP-certified professionals validate its industry demand.

Prepare for the SAP Certified Associate - SAP S/4HANA Cloud Private Edition for Management Accounting (C_TS4CO_2023) exam with Koenig’s Guaranteed-to-Run scheduling and official SAP courseware. Gain 30-day lab access to reinforce skills, leading to roles in cost optimization and ERP consulting with certified professionals seeing up to 25% salary growth.

40 Hours (5 Days)
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Course Overview

The SAP course Product Cost Planning in SAP S/4HANA (course code S4F23) equips learners with the skills to configure and execute product cost planning across the entire product lifecycle within the SAP S/4HANA environment. Designed for application consultants, business process owners, and project managers, this course prepares participants for the SAP Certified Associate - SAP S/4HANA 2021 for Management Accounting (C_TS4CO_2021) exam. It focuses on core competencies such as analyzing master data structures, integrating with material masters and production versions, and applying various calculation methods including multilevel and single-level cost estimates. With over 26,000 organizations globally running SAP S/4HANA for core finance operations, demand for skilled professionals in management accounting continues to grow, particularly in manufacturing and financial services sectors.

Participants engage directly with key SAP tools and technologies including SAP S/4HANA 2023, the Material Ledger, Costing Variants, Cost Component Structures, Costing Sheets, and Activity-Based Costing templates. The hands-on lab component, delivered through the SAP Learning Hub’s live practice system, enables students to build actual cost estimates using quantity structures derived from bills of material, routings, and work centers. Learners configure costing variants, define cost component splits, process costing runs for mass estimation, and carry out mark and release procedures to update standard prices. A real-world scenario involves creating mixed costing estimates and managing co-product valuation, simulating challenges faced in process industries where joint production and scrap calculations are critical to accurate product costing.

This course provides direct preparation for the C_TS4CO_2021 certification, which is recognized across SAP-centric enterprises as a validated measure of core competency in Management Accounting. Certified professionals in the United States earn between $95,000 and $130,000 annually, with common career roles including SAP FI/CO Consultant, Financial Controller, and Management Accountant. Koenig Solutions enhances learning outcomes with official SAP courseware, Guaranteed-to-Run batches, and access to expert-led instruction, ensuring candidates are fully prepared for both certification and real-world implementation. Upon completion, learners are positioned to lead cost planning initiatives in SAP S/4HANA environments, driving accurate product valuation and profitability analysis in modern enterprise systems.

What You'll Learn

Configure SAP Product Cost Planning variants in SAP S/4HANA to accurately forecast manufacturing costs and improve budgeting accuracy.
Create multilevel cost estimates without relying on quantity structures in SAP S/4HANA, enabling detailed product cost analysis.
Implement SAP cost component splits within material cost estimates to gain precise insights into cost drivers and improve cost control.
Execute costing runs with quantity structures in SAP S/4HANA, ensuring reliable product costing aligned with production data.
Manage mixed costing and special procurement types in SAP S/4HANA to adapt to complex manufacturing and procurement scenarios.
Optimize co-product and scrap costing using SAP Material Ledger, reducing waste and enhancing profitability analysis.

Prerequisites

Recommended knowledge before taking this course
  • Understanding of Product Cost Planning in SAP S/4HANA (S4F23)
  • Familiarity with cost object controlling in SAP S/4HANA
  • Knowledge of master data such as bills of material (BOM), routings, and work centers
  • Experience with period-end closing processes in SAP Controlling (CO)
  • Understanding of valuation and costing variants in SAP S/4HANA
  • Basic knowledge of how SAP S/4HANA integrates Product Cost Planning with SAP FI modules
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Certification Exam

Everything you need to know about the S4F23 certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Up to 6 attempts within 12 months
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Product Cost Planning in SAP S/4HANA

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What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

82%

of S4F23 certified professionals report career advancement within 6 months

Salary Impact

+26%

Average salary increase reported after obtaining the S4F23 certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • SAP S/4HANA Cost Planner
  • Product Costing Consultant
  • SAP Controlling Specialist
  • Management Accounting Consultant
  • Cost Planning Analyst
  • Finance Systems Consultant

Companies Hiring

5,000+
SAP Accenture Deloitte IBM Capgemini Infosys TCS Siemens Unilever Nestlé

and 5,000+ organizations worldwide seeking S4F23 certified professionals

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  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

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  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

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  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

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    Security Analyst

    SC-300 Certified ✓ Verified
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    AI Engineer

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  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

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    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

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    Carlos R.

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Frequently Asked Questions

Everything you need to know about the S4F23 training course

Is the SAP certification exam included in the Product Cost Planning in SAP S/4HANA (S4F23) course, and what is the exam fee if separate?
The official certification exam is not included in the Product Cost Planning in SAP S/4HANA course fee. You must purchase a separate $236 USD plus tax voucher via SAP's CER001 subscription. This provides one attempt valid for 12 months, accessible through the official SAP training shop.
What training formats are available for the Product Cost Planning in SAP S/4HANA course, and does Koenig offer Guaranteed-to-Run scheduling?
Koenig delivers Product Cost Planning in SAP S/4HANA via live online, classroom, or self-paced formats. We provide Guaranteed-to-Run scheduling, ensuring your training proceeds as planned. This reliability allows professionals to secure their learning timeline without the risk of last-minute batch cancellations or scheduling delays.
How long is lab access provided, and what type of environment is used for hands-on practice in the S4F23 course?
You receive 6 months of lab access for Product Cost Planning in SAP S/4HANA via our LET Platform. We provide cloud-hosted SAP S/4HANA 2023 sandboxes. These browser-based environments enable you to master complex costing tasks without local software installations, ensuring a seamless, high-performance practice experience.
What is Koenig's rescheduling and cancellation policy for the Product Cost Planning in SAP S/4HANA training?
Koenig permits free rescheduling for Product Cost Planning in SAP S/4HANA if requested 10 days before the start date. Changes within 10 days incur a 50% fee. Each enrollment allows one reschedule, following our standard Terms of Service to ensure consistent administrative and training quality.
What is the format, duration, number of questions, and passing score for the SAP Product Cost Planning certification exam?
The Product Cost Planning in SAP S/4HANA certification is a 90-minute, system-based assessment. It features scenario-based tasks requiring direct SAP environment execution. While the exact pass mark is confidential, candidates typically require an 80% accuracy rate to successfully validate their professional expertise.
How long is the SAP Product Cost Planning certification valid, and what is the renewal process and cost?
Your SAP certification remains valid for 12 months. Annual renewal requires a 'Stay Certified' assessment, available through an SAP Learning Hub subscription. This subscription costs approximately $1,488/year, providing four annual exam attempts and the necessary resources to maintain your professional status in SAP S/4HANA.
What post-training support does Koenig provide after completing the Product Cost Planning in SAP S/4HANA course?
After finishing Product Cost Planning in SAP S/4HANA, you receive 6 months of lab access and recorded sessions. Koenig also provides email-based mentor support and practice tests. This dedicated technical guidance ensures you remain fully prepared for your certification exam and real-world project implementation.
What are the prerequisites or prior experience needed for enrolling in the Product Cost Planning in SAP S/4HANA (S4F23) course?
To succeed in Product Cost Planning in SAP S/4HANA, you must complete the S4F20 course or possess equivalent experience. Proficiency in SAP Fiori or GUI navigation is essential. A foundational understanding of cost element and cost center accounting is highly recommended for optimal results.
What is the average salary increase or career impact for professionals certified in Product Cost Planning in SAP S/4HANA?
Certified Product Cost Planning in SAP S/4HANA experts earn between $110,000 and $190,000 annually. Certification provides a 20–40% salary premium over non-certified peers. Most professionals see a return on their investment within 3–9 months, often gaining immediate job mobility and higher market value.
How does formal training in Product Cost Planning in SAP S/4HANA compare to self-study in terms of certification success and skill mastery?
Formal training in Product Cost Planning in SAP S/4HANA offers structured curricula and expert-led labs that significantly boost pass rates. Unlike self-study, you gain real-time feedback on costing runs and material ledger configuration. This guided approach reduces preparation time and ensures deeper mastery of critical SAP functions.
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