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Video Blog: How to avoid the most common SAP CO-PA customization pitfalls

Rogerio Faleiros ResizedIn this recording from the Controlling 2015 Conference, Rogerio Faleiros discusses how to avoid most common SAP CO-PA pitfalls including:

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Guest — SAP FICO Online training
SAP FICO ONLINE TRAINING SAP FICO is one of the good course for freshers.
Monday, 12 June 2017 22:27
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Video Blog: Woodward’s top 10 advanced reporting tips

In this recording from the Controlling 2015 Conference, Sydnie McConnell presents Woodward’s top 10 advanced reporting tips

Woodward will share the top 10 reporting tips they have learned through the process of completing several global financial reporting projects in SAP, including a BPC 10 implementation and rolling out SAP GL and Fixed Assets to all of their sites. It covers:

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Guest — SAP FICO Online Training
SAP FICO ONLINE TRAINING Nice Post.
Monday, 12 June 2017 12:40
Guest — meritstep1
I just loved your article on the beginners guide to starting a blog.If somebody take this blog article seriously in their life, he... Read More
Saturday, 14 September 2019 12:39
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Video Blog: SAP Simple Finance 1503 - Accounting and controlling step closer together

In this recording from Controlling 2015, Janet Salmon, Chief Product Owner for Management Accounting at SAP AG presented "SAP Simple Finance 1503- Accounting and controlling step closer together". In this session Janet introduced the latest challenges to accounting and controlling in SAP Simple Finance 1503. SAP is in the process of reinventing SAP Financials using SAP HANA to enable new programming paradigms and SAP Fiori to provide a new user interface.

 

Learn more about Janet's sessions at the Controlling 2019 conference.

 

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Vey very nice blog!! Hi there,I enjoy reading through your article post, I wanted to write a little comment to support you and wis... Read More
Saturday, 27 February 2016 07:17
Guest — Onlineaccountingsoftware
Well, Impressive article its very help us and we impressed , its very interesting post thanks for this post sharing to all, get b... Read More
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Guest — LawOfficeofHieuVu
I really loved reading your blog. It was very well authored and easy to understand. Unlike additional blogs I have read which are ... Read More
Monday, 09 May 2016 11:31
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Thoughts on the Controlling 2015 Conference from John Pringle, SAP FICO Competency Group Lead with Illumiti

b2ap3_thumbnail_John-Pringle-Resized.jpgI just got home from Controlling 2015 and am already missing the sunny California weather.  This was the second year for me at the conference and the first year for presenting.  I think I underestimated the amount of time and work involved in pulling the presentations together, but overall it was a great experience and I would encourage anyone who is interested to give it a try.

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Cost Flow Excel Worksheet

The Cost Flow Excel worksheet from yesterday’s “Filling in the Gaps FICO Account Posting” session is now available for download (download it now here CostFlow.xlsx). Thanks for your attendance and great questions!”


I hope that this session enabled you to better understand when, and how, values post to Financial Accounting and Management Accounting. 

 

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Guest — sri
Nice presentation. But the attached excel file doesn't contain the actual formula work sheet. It has got only information sheet. W... Read More
Saturday, 07 October 2017 00:52
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Enhancement Pack 4 Functionality for Outsource Manufacturing or Subcontracting Operations

Ross Christoph ResizedWith Enhancement Pack 4 SAP provided additional functionality for processing Outsource Manufacturing or Subcontracting operations.

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Filling in the gaps – FI/CO account posting during production processes in SAP

I’m not sure if anyone on our first SAP implementations truly understood the costing flow. It is one gift to understand SAP technically, and quite another to understand it as an accounting process. I’m sure you’ve had similar experiences, especially in Product Costing and Cost Object Controlling. As a Senior Education Consultant at SAP, my first goal was to educate myself! Once I began working in the classroom with students, I found they were as confused as I had once been. As an SAP educator, I’ve made it my mission to simplify explanations of these intimidating topics.

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Closing the Wide Gap Between Accounting and the Marketing/Sales Function

Gary Cokins ResizedI look forward to presenting at the Controlling 2015 conference September 21-24 in San Diego. I am passionate about management accounting. My belief is there is much opportunity for accountants to improve the quality of information they provide to internal users to support better decision making.

 

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SAP Simple Finance 1503 - FAQ's

On Thursday, June 11, 2015 members of the SAP Controlling Community gathered for a webinar presented by Janet Salmon on the latest changes to accounting and controlling in SAP Simple Finance 1503. The webinar was a a sneak peek of Janet's Controlling 2015 plenary session. The webinar Explored how changes in SAP Simple Finance will affect SAP Controlling including how accounts and cost elements will merge, what you can expect to see in Reporting and Planning, and how account-based CO-PA has been enhanced to provide better Profitability Reporting. Keep reading for a list of frequently asked questions that came up during the course of the webinar on SAP Simple Finance 1503.

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Thanks for sharing great information in your blog. Got to learn new things from your Blog . It was very nice blog to learn about S... Read More
Friday, 26 February 2016 07:51
Guest — sravani
Vey very nice blog!! Hi there,I enjoy reading through your article post, I wanted to write a little comment to support you and wis... Read More
Saturday, 27 February 2016 07:09
Guest — sanayamohit
Thanks for a great information in your blog. I have read all the post of your blog. Great work on sap sf training in chennai... Read More
Friday, 04 March 2016 12:06
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Video Blog: How Woodward implemented SAP BPC 10.0

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In this recording from the Controlling 2014 conference, you'll hear from Sydnie McConnell about how Woodward, a leading designer and manufacturer of hydro-mechanical and electronic fuel controls and delivery systems, decided to move its planning, budgeting, and forecasting processes to SAP Business Planning and Consolidation 10.0 (NetWeaver).

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SAP Controlling Tip 100: Frequently Asked Questions

Tip 100 from 100 Things You Should Know About Controlling with SAP (2nd Edition) by John Jordan:

You can reference SAP Note 552486 for answers to frequently asked questions about Product Cost Controlling (CO-PC). Process orders provide you with extra functionality, such as phases and process instructions for process industries. 

The Online Service System (OSS) contains a database of useful information and advice on fixes for SAP system issues, consulting notes, and frequently asked questions. OSS Note 552486 contains advice on 14 SAP Controlling frequently asked questions. In this tip, we'll discuss how to access OSS Note 552486 adn we'll go over the note's first couple of questions and answers. 

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The Ultimate SAP User Guide Now Available

I wasn't planning on publishing an SAP user guide. But when respected SAP writer Rehan Zaidi approached me, I realized he was right: SAP users need a clear and effective guide for getting started with SAP. They also need tips and tricks that can go undiscovered for years; Zaidi has plenty of those! So we embarked on our book project. The end result, The Ultimate SAP User Guide, is now available. 

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Introduction to SAP Material Ledger - Excerpt from Things You Should Know About Controlling with SAP (2nd Edition)

Excerpt from 100 Things You Should Know About Controlling with SAP (2nd Edition) by John Jordan:

With the material ledger, you can carry inventory in up to two additional valuations and at actual costs, described as follows:


Carry material prices in multiple currencies and valuations

Material inventory values are normally carried in only company code currency. The material ledger enables the system to carry inventory values in two additional currencies/valuations. This is achieved by updating all goods movements in the material ledger in up to three currencies or valuations. Currency amounts are translated into foreign currencies at historical exchange rates directly at the time of posting. 

Value inventory at actual costs

Actual costing valuates all goods movements within a period at the standard price (preliminary valuation). All price and exchange rate differences for the material are collected in the material ledger.

At the end of the period, an actual price is calculated for each material based on the actual costs of the period. This actual price is called the periodic unit price and can be used to revaluate the inventory for the period to be closed. You can use this actual price as the standard price for the next period.

Actual costing determines what portion of the variance is to be debited to the next-highest level using material consumption. The actual bill of materials enables variances to be rolled up over multiple production levels all the way to the finished product. You can choose to have cost center variances also taken into account. 

This category of tips describes how multiple valuations and actual costing work, and the material ledger period-end closing process. It also describes the implementation steps needed during production startup. The actual cost component split and deactivating the material ledger are also explained. 

Keep reading in Things You Should Know About Controlling with SAP (2nd Edition)Use coupon code CTLSP10 for 10% off on www.sap-press.com.

 

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Controlling 2015 Speaker Profile: Kay Reisenauer, Consolut

Kay Reisenauer Controlling 2015 SpeakerToday, we are profiling Controlling 2015 speaker Kay Reisenauer. Kay Reisenauer is a Senior SAP Consultant at consolut, an international SAP consulting company, and has more than 7 years of SAP experience. After several successful SAP implementations in Europe and North America, Kay has expert insight and knowledge of SAP Controlling, Project Systems, and Business Intelligence. He is also an expert in SAP Security Management and regularly provides SAP training. He recently moved from Germany to the United States and is currently working on establishing consolut International LLC in the North American market. Learn more about Kay. 

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Dive into SAP FI/CO with popular speaker Paul Ovigele at Controlling 2015


Paul Ovigele Controlling 2015Popular SAP Controlling speaker Paul Ovigele will present several sessions at Controlling 2015. Based on feedback from Controlling 2014, Paul has developed sessions on the topics attendees want to learn more about. Paul will present sessions on:

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Controlling 2015 Speaker Profile: Marjorie Wright of SimplyFI-CO, LLC

Marjorie Wright Controlling 2015 SpeakerToday, we are profiling Controlling 2015 speaker Marjorie Wright. Marjorie Wright is the founder of SimplyFI-CO, LLC: a boutique SAP training consulting company. She is an accomplished subject matter expert in SAP ERP business process and customizing and is a highly respected education consultant in the components of Financial Accounting, Management Accounting, and Financial Supply Chain Management. 

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Video Blog: Enhancement Packages 5 & 6 – Where to find the business functions that matter for Controllers


b2ap3_thumbnail_IMG_3675.jpgWhen SAP introduced the concept of enhancement packages and packaged functionality in business functions, administrators were relieved that they would not have to test everything when they upgraded. However, it made some business functions difficult to locate.

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Guest — lata
Thanks for sharing and it was very informative..I need more tips from your side..I am working in Erp Software Development Company ... Read More
Wednesday, 13 January 2016 05:55
Guest — Elanthendral
Great Article..It was very informative..I need more details from your side..include some tips..I am working in Erp Software Compan... Read More
Friday, 08 April 2016 11:09
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