The integration of Universal Parallel Accounting (UPA) within SAP S/4HANA represents a significant advancement in the Financial Accounting and Controlling modules, particularly affecting the General Ledger, Fixed Assets, Product Costing and Material Ledger.
This session focuses on the changes with Material Ledger and will explore how UPA has enhanced the capabilities of Material Ledger, to calculate a parallel Actual Cost per ledger, and to manage multiple valuation approaches and currencies seamlessly.
Attend this session to learn the following:
- How UPA allows for the management of different material prices across multiple ledgers, reflecting diverse accounting principles and valuation approaches.
- The centralized configuration of ledgers and currencies under UPA, which simplifies setup processes in Material Ledger.
- How UPA's support for up to ten currencies, enables calculation and parallel posting in each Ledger and Valuation.
- How UPA enhances actual costing by allowing ledger-specific Periodic Unit Prices, and flexibility to calculate Actual cost for a single period or year-to-date
- Speaker: Paul Ovigele