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Actual Costing with SAP Material Ledger

1. Revaluate inventory The material stock account is debited with the proportional price differences, and the price differences account is credited with the same amount. You use the actual price as the standard price for the next period. 2. Don't revaluate inventory Price differences are posted to an accrual account. The amount that you would have
John Jordan

SAP Actual Cost Component Split

You can however activate the actual cost component split in actual costing and compare plan and actual cost components in profitability analysis (CO-PA). Let's examine the steps required to compare the plan and actual cost components. You activate the actual cost component split by following the IMG menu path: Controlling • Product Cost
John Jordan

SAP Material Ledger

  Standard Costing  An effective method of obtaining stable prices for your materials which you can benchmark against price fluctuations. You can perform variance analysis to better understand whether you are producing efficiently or whether your raw material prices are reasonable. A disadvantage of standard costing is that variance
Paul Ovigele

SAP Material Ledger - Excerpt: 100 Things You Should Know About Controlling with SAP

  1. Carry material prices in multiple currencies and valuations Material inventory values are normally carried in only company code currency. SAP Material Ledger enables you to carry inventory values in two additional currencies/valuations by updating all goods movements in the Material Ledger in up to three currencies or valuations. Currenc
John Jordan

SAP Activity Postings 1

Figure 1 Change Activity Type Because the plan category is 1, you use transactions KP26 and KP06 for planning. You use KP26 for planning the activity quantity and prices in a cost center for a given period/year. You use KP06 for assigning costs by cost element to the activity type/cost center combination. You can also allocate costs to a cost cent
Tom King

SAP Activity Postings 4: Category 2 Activity Types – Part 2

Let’s follow an example of a manufacturing company which uses MACHHR activity type category 1 as shown in Figure 1, to allocate overhead conversion costs from production cost centers to production orders. The activity quantity posted is calculated with formulas assigned to work centers in the routing. The activities are posted based on confirmatio
Tom King

SAP Activity Postings 7: Category 5 Activity Types

Instead, all that is required is that you run transaction KNMA to make the postings. Figure 1 Activity Type Category 5KNMA looks at the amount of receiver activity that is posted and then determines from the planned allocation how much of the allocated activity should be posted.  It’s as simple as that.  I am going to show you two differ
Tom King

SAP S/4HANA Finance Frequently Asked Questions

  Is CO43 costing sheet processing still at month-end or real-time? You have an option of making the overhead costing in real time if you activate the business function CO_ALLOCATIONS. You use exactly the same conditions but create an overhead behind every posting rather than cumulatively at month end   Are assessments/distributions stil
Janet Salmon

Improve Performance of SAP Material Ledger Closing Cockpit

SAP Material Ledger Actual Costing For materials that are valued at a standard cost, the Material Ledger tracks all the goods movements and price and exchange rate differences for that material within a period. Then, at the end of the period (actually sometime during the subsequent period), the actual costing run calculates an actual cost (al
Ashish Sampat

Post SAP Purchase Price Variance PPV to Purchasing

You can easily analyze PPV postings by nominating the purchasing cost center to receive PPV postings and then run a standard cost center report. You assign the purchasing cost center as the default for PPV with Transaction OKB9 or via IMG menu path: Controlling • Cost Center Accounting • Actual Postings • Manual Actual Postings
John Jordan

SAP Material Ledger Period-End Closing

No Period-End Processing If you’ve activated SAP Material Ledger, and you’re not using actual costing, no period-end processing is required. A Material Ledger document will post for every inventory-related transaction in the legal valuation approach in company code currency. Activating SAP Material Ledger, in this case, gives you additional invent
John Jordan

New Book SAP Press: Production Variance Analysis in SAP S/4HANA

Introduction Welcome to the latest SAP S/4HANA edition of this groundbreaking SAP book. Our new book, on publication, immediately entered and remains in the SAP Press Top Ten. The first edition in 2007 was the first-ever book on SAP Controlling (CO), which explains SAP CO in an Easy-to-Understand way and continues to attract enthusiastic posi
John Jordan

Universal Parallel Accounting in SAP S/4HANA 2022

  Universal Parallel Accounting & Product Costing Universal Parallel Accounting has two types of parallel valuations for product costing: unconsolidated views (different legal valuations) and a consolidated view (group valuation). The differences are shown in the four UPA Use Cases in Figure 1. Figure 1 Universal Parallel A
Janet Salmon

How Expert SAP Consulting Optimizes Your Business

  1. Profitability Analysis We explain profitability analysis reporting in an easy-to-understand way to improve the accuracy of your product margins. First we analyze your current component and purchasing costs to identify any issues and recommend solutions for you to understand and reduce the costs of your finished products and increase
John Jordan

Ensure Corporate-wide Goal Alignment by Empowering the Production Floor with Key Process Indicators (KPI) through SAP

  To achieve these Lean objectives, it takes commitment from the entire workforce. How do you ensure goal alignment on the production floor to achieve the desired outcome? The answer is, of course, communication excellence. Information must be communicated efficiently and effectively to each employee. The information must be relevant, meaning
Alice Adams

SAP Results Analysis

  Now if you look at the mere profit and loss of such an activity before the added value has been achieved (that is, before the goods receipt has been posted for the production order or before the customer project has been billed), you will only see costs and therefore, a loss. If you happen to look at month-end, it would seem that the activi
Martin Munzel

Speaker Profile: Janet Salmon, Chief Product Owner for Management Accounting at SAP

How did you get your start with SAP and SAP Controlling? I was working as a translator in London when SAP was looking for English translators for their Walldorf office. I had no idea what SAP was, but liked the idea that the offices were near Heidelberg, Germany. When I applied (late 1991), results analysis was brand new and in need of a translato
Janet Salmon

SAP Info Record Costing Variants

  1. Costing Variant Configuration First, in configuration Transaction OKKN shown in Figure 1, you configure the costing variant. I created a custom costing variant for the standard cost estimate instead of using the standard PP01. The costing variant is the main configuration for how materials are costed in SAP. The yellow buttons represent
Tanya Duncan

Updating CO-PA Quantity Fields

  1. Assigning Quantity fields from Sales Documents This is the most common assignment, because most of the postings in CO-PA come from sales documents. You will therefore want to map the sales quantity that led to the revenue postings from billing documents or sales orders (if you have activated Transfer of Incoming Sales Orders using transa
Paul Ovigele

Controlling 2013 SAP Customer Feedback Video and Testimonials

In this video, several SAP customers share their thoughts on Controlling 2013 content, networking and case studies. Here is what two other SAP customers had to say: “I attended the SAP Controlling Conference in San Diego in September.  I just wanted to let you know what a valuable experience that was!  Probably the most beneficial take-a
Alice Adams

Stump the Controlling Expert Webinar Announcement

  The webinar will take place Friday, April 25, 2014 at 1:00 PM EST. We will accept questions in advance, in addition to live questions. Please leave a comment in response to the blog post with your questions or email aadams@erpcorp.com. The panel is made up of the following SAP Controlling experts: Joe Cravero is the Project Manager on
Alice Adams

Reconcile cost based COPA & GL

  For my previous company SPX Genfare it is important to reconcile CO-PA to the GL since we use the CO-PA line item report KE24 to provide monthly actuals data by customer, product type, and contract size that is loaded in our Hyperion Planning forecasting system. In order to have an accurate base for forecasting, we need to have accurate (wi
Elitza Alexandrova

Controlling 2014 Speaker Profile: Elitza Alexandrova

How did you get your start with SAP and SAP Controlling? I started working for SPX Corporation in their Accounting and Finance Rotational Program in the summer of 2008. During my first assignment, I worked on assisting with the month-end and quarter-end closing procedures for one of our divisions in the UK, whose ERP system was SAP. This was my fi
Elitza Alexandrova

Stump the Controlling Expert Webinar Recording

Here are three of the questions that were asked:  What is the point of settling orders, whether they are internal, or discrete production, or repetitive production, or other modules? What is the difference between a real order and a statistical order? What are some steps that can be taken to speed up month-end processing for orders? Click her
Alice Adams

Creating Functions in SAP Activity-Based Costing (ABC)

Using Transaction CTU6 or menu path: IMG > Controlling > Activity-Based Costing > Templates > Define Environments and Function Trees you see Environment 001 Cost Estimate/Production Order includes among others Sub-Environment 105, Routing as shown in Figure 1.  Note that Sub-Environment 105 is also available to Environment 009, Pr
Kay Sencabaugh

SAP Accounting SAP HANA FAQs

1. Is SAP Accounting powered by SAP HANA as simple as Hasso Plattner promises? If you’ve been following the blogs written by Hasso Plattner, one of the SAP founders, you’ll know that he has declared war on aggregates. The rationale is simple: aggregates are old technology.  In the past we needed them to provide aggregated data quickly in a re
Janet Salmon

Controlling 2014 Exhibitors

3C Software 3C Software is one of the most versatile modeling platforms available for finance and accounting professionals. Some of the world’s most recognizable companies have used ImpactECS to build sophisticated cost and profitability models – replacing unwieldy spreadsheets, dated legacy applications and limited ERP systems. We’ve combined all
Alice Adams

Controlling 2013 Speaker Profile: Michael DeLeo, Finance Systems Manager at CareFusion, Inc.

What is one of the most important trends that you see currently in SAP Controlling? In my current role, I am more involved with the planning and forecasting side of the cost and operational expense world.  The trends I’m seeing related to expense forecasting is a shift away from the traditional “deep-dive”, “line-by-line” budget process to mo
Michael DeLeo

SAP COPA Cost v Account & BPC

  Our BPC project started with our two SAP sites. These sites were already running full SAP ERP and Financials, along with some financial reporting from Business Warehouse (BW).  We’d been using costing-based COPA over the last couple of years, and has been particularly useful for: Breaking out cost of goods sold by cost component Produc
Sydnie McConnell

SAP Make to Stock Cost Flow

Costs are planned by cost center to determine plan vs. actuals, variances, under/over absorption, and activity rates used in production. You can see the cost center variances in Figure 1 that are determined when direct postings are accumulated and these variances can be posted to CO-PA. Cost center variances result from under or over absorption of
Tanya Duncan

Top Blog Posts on ERP Corp Blog

1. Introduction to SAP Material Ledger by Paul Ovigele Material Ledger is the SAP solution to performing actual costing. It is supposed to contain the benefits (without inheriting the disadvantages) of the two traditional methods of inventory valuation - Standard Costing and Moving Average Costing. Before you can understand the functionality of Ma
Alice Adams

Controlling 2014 Speaker Profile: Joe Cravero

How did you get your start with SAP and SAP Controlling? I got my start with SAP in 1999 at Deere & Company.  We already had some units live on R/3 and a score of European units on R/2.  I primarily worked on Report Painter and SL in those early years, and moved into GL and CO planning areas, and then Product Costing (2003/2004) and
Joe Cravero

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

Pre-Conference Session: SAP Controlling information flow and integration Attend this pre-conference session to gain a comprehensive understanding of the flow of information in SAP Controlling and how it integrates with other modules. SAP experts and bestselling authors Paul Ovigele and John Jordan will cover: The flow of information both into and
Paul Ovigele

SAP Accounting powered by SAP HANA – Moving controlling and finance closer together - Part I

Over the next few weeks, we will share portions of the transcript from Janet Salmon's plenary session at the next Controlling conference, Janet explores how SAP is addressing these issues with its new product SAP Accounting powered by SAP HANA, part of SAP Simple Finance. SAP Accounting powered by SAP HANA Part II SAP Accounting powered by SA
Janet Salmon

SAP Accounting Powered by SAP HANA – Moving Controlling and Finance Closer Part II

We have and will share portions of the transcript from the Janet Salmon's plenary session at the Controlling conference, Janet explores how SAP is addressing these issues with its new product SAP Accounting powered by SAP HANA, part of SAP Simple Finance. Additionally, she delves into how the requirements for internal and external report
Janet Salmon

SAP Group Costing and Valuation

Join us at SAP Controlling Financials Conference Meet Ross Christoph and other SAP expert speakers in-person: Use coupon code: JJ100 and save $100: click here now    SAP contains the capability to parallel value material movements and inventory stock simultaneously in both of these valuations using functionality included in the SAP Mater
Ross Christoph

SAP PRESS Authors Featured Speakers at the Controlling 2015 Conference

Rogerio Faleiros is the author of Configuring Controlling in SAP ERP. He is an independent SAP consultant specializing in controlling functionality. He has worked with SAP technology since 2005, implementing controlling solutions in the food processing, chemical, construction and agribusiness industries. Since 2008, Roger has been workin
Alice Adams

SAP Material Ledger Sessions and Networking at Controlling 2014

 SAP Material Ledger is a topic that many companies struggle with. Get best practices and advice from experts. SAP Material Ledger sessions at Controlling 2014 include: Is SAP Material Ledger right for your company? Presented by Paul Ovigele Many companies are weighing the costs and benefits of implementing SAP Material Ledger. In this sessio
Alice Adams

How Deere & Company developed SAP CO-PA and SAP SOP for accurate financial forecasting video blog

In this session you’ll hear how Deere & Co developed SAP CO-PA along with Sales and Operation Planning functionality to generate financial forecasts by product and customer to forecast planned and actual price realization. We’ll cover: How SOP data already used in the SAP system for operational planning can be integrated with historical CO-PA
Alice Adams

SAP Controlling 2015 Conference Platinum Lab Sponsor and More Information on SAP Sessions & Speakers

The Controlling 2015 conference offers SAP professionals an unprecedented opportunity to obtain Controlling-focused education and take advantage of numerous networking opportunities to connect with peers and industry experts before, during, and after the conference. Attendees will also get an inside look at Simple Finance 1503, the core of SAP's S
Alice Adams

Trading Partner Required Part I

  Trading Partner Company Setup Trading Partner has a similar meaning in the context of SAP Finance and Controlling, and speaks about the business relationship among company codes. Trading partner field VBUND should be captured in master data and transactional data – this is a key requirement for intercompany design. You can use this data to
Ashish Sampat

Introduction to SAP Templates Webinar Recording Now Available

Attendees will: - Understand the limitations of traditional costing methods - Discover business processes - Perform driver-based planning for cost center/activity types and business processes - Allocate actual costs with operational KPIs - Benefit from best practices in CO template setup and maintenance   Download the slidedeck: Controll
Julien Delvat

How to back track from a costing sheet to find where it is used

I also want to offer additional information on how costing sheets are configured and specifically what rate is used for a material. When you define percentage overhead rates or quantity overhead rates in the configuration of your costing sheet, you select an overhead rate that has a dependency.  The options for dependencies include overhead t
Tanya Duncan

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

In this recorded session from Controlling 2014, Janet Salmon dives into hard to find functionality important to Controllers including: FIN_CO_COGM: Parallel valuation of cost of goods manufactured allows for different costing approaches for each accounting principle your company follows LOG_MM_SIT: Actual costing and stock in transit allows you to
Janet Salmon

What is the difference between planning and budgets in SAP CO?

Planning and Budgeting   Planning is related to strategies and long term management of resources to achieve your business goals Budgeting is meant to monitor and control how you spend your funds   The three main differences between budgeting and planning are as follows:   1. Level of Detail When you plan in SAP, you are able to deta
Mohamed Elshinnawy

SAP Mixed Costing

You create two master data items: Procurement alternatives with transaction CK91 define how a material is procured For example, production versions for internally produced alternatives Internally or externally with transaction CK94 specifies weighting factors For example, production volumes to be produced for the year usin
Ross Christoph

SAP S/4HANA Q&A with Janet Salmon

Nonetheless, SAP Simple Finance will still be used in the documentation of release 1503, as a retroactive update of this documentation is not planned. Find out more via these links:http://help.sap.com/sfinwatch it here Can you have different functional currencies for the same company code in a parallel ledger?All documents are recorde
Alice Adams

SAP Customer Credit Limits

  1. Do not increase credit limit but release a specific sales order We can use transaction VKM1 – Blocked SD Documents. As you can see from the screen shot in Figure 1, this transaction shows sales documents that are blocked from issuing delivery documents due to customer exceeding its credit limit. To release a blocked sales document, we ne
Elitza Alexandrova

What is an SAP Internal Order

You configure the control parameters of SAP internal orders with the order type. Watch Marjorie Wright present the Keynote at SAP Controlling Financials Conference in San Diego, CA:     Internal orders have an advantage over cost centers since you can plan, budget, and set up availability control. This allows you to monitor project
Marjorie Wright

SAP Templates Frequently Asked Questions

  SAP Templates Frequently Asked Questions by Julien Delvat   SAP templates are often perceived as very complex. Let's dispel that myth and dive into some frequently asked template questions:   1. Do templates work for repetitive manufacturing? Yes. For those unfamiliar with repetitive manufacturing, here's an example: One of ou
Julien Delvat

Material Price Determination in SAP Material Ledger

 Figure 1 Material Price Determination Field    Let's discuss each of the field settings in detail.   (2) Transaction-based With this option, you can choose your inventory price control as V (moving average) or S (standard price). With S, the moving average price is calculated for information only.     Meet Rosan
Rosana Fonseca

Customer Videos: What did Controlling 2014 attendees think of the conference? Find out!

For Kay Secabaught from McCormick, the Controlling conference is the one conference she goes to where she is sure that everyone there is working on similar projects and are interested in the same topics that she is. Kay noted, like many Controlling conference attendees, that it's difficult to decide which sessions to attend. Kay emphasized that sh
Alice Adams

Video Blog: SAP S/4HANA Migration Considerations

So migration, assuming most of you are not doing a greenfield, how do you get from A to B? Essentially there are different ways of doing it. You can go straight from Business Suite straight through to the latest and greatest, and some people say, "Great. That's what I want to do, one set of testing, one set of hassle, and then I'm done." Other peo
Alice Adams

SAP Process v Production Orders

There are no costing differences between process and production orders, however, there are differences in terminology and production functionality. Let’s explore these in detail.   You maintain a process order with the Manage Process Orders app (SAP Fiori ID F4587) You can also maintain process orders with SAP GUI Transaction COR2 or via
John Jordan

Activity Types Overview

  Activity Types Overview By Tom King   Table of Contents Introduction Create Activity Type Assign Cost Element Assign Category Price Indicator More Activity Types Glossary   Introduction When I was a charter member of my company's SAP FICO product costing team, the first items I encountered were activity types. I discovered that act
Tom King

SAP Internal Order Budget

  You maintain a budget profile with Transaction OKOB or via IMG menu path:   Controlling • Internal Orders • Budgeting and Availability Control   Double-click a budget profile to display the screen shown in Figure 1. Figure 1 Internal Order Budget Profile   Activation Type 1 indicates Automatic activation of avail
John Jordan

SAP Activity Postings 2: Category 2 Activity Types

  Figure 1 Display Activity Type Category 2 Transaction KL03 You cannot make direct postings for category 2 activity types with transaction KB21N, which is reserved for category 1 activity types. Instead, you must set up an indirect activity allocation cycle, which calculates the activity quantities and various receivers that can accept the a
Tom King

Introduction to SAP Templates Webinar: Reserve Your Place Now

Discover how to leverage your company’s standard SAP CO templates to: Understand the limitations of traditional costing methods Discover business processes Perform driver-based planning for cost center/activity types and business processes Allocate actual costs with operational KPIs Benefit from best practices in CO template setup and maintenance
Alice Adams

Activity Postings 5: Category 3 Activity Types

With category 3 activity types, you make a “one-way” activity posting. The determination of the receiver cost objects and the allocations is performed with the indirect activity allocation cycle transaction KSC5, just like with category 2 activities. Our category 3 activity type is CATEG3 as shown in Figure 1.   Figure 1 Activity Type CATEG 3
Tom King

SAP Activity Postings 6: Category 4 Activity Types

Another purpose for the activity type is to generate targets for variable costs. If you plan fixed costs, you don’t necessarily need to have an associated activity type because your target cost will always equal the planned costs. What if you have a set of cost centers where costs are variable, but you don’t need to allocate those costs to another
Tom King

Activity Type Post Blog Series Final Recap

Activity Postings Part 1: Activity Types an Overview My company began its journey with SAP back in 2007, and I was a charter member of the FICO team because of my work with product costing in our legacy world. I quickly discovered the way SAP handles costing and Controlling is different. The concepts were familiar, but the structures and processes
Tom King

Frequently Asked Questions: SAP S/4HANA Finance – From Batch to Real-Time

Is merging of actuals & plan into ACDOCA versus ACDOCP? Is the planning data going to go to ACDOCA or ACDOCP?  If we copy actual to plan for each monthly forecast version, will the P table end up with 12 times the records of the A table? Planning data will update to ACDOCP. In your copy function you would have to decide at what aggregatio
John Jordan

SAP MM Account Determination

 How do postings flow from Materials Management into Financial Accounting? How do we find out what occurs behind the scenes? How do we identify which movement types point to a specific General Ledger (GL) Account? How do you change the posting to a different  GL Account? How do you create a new movement type and assign it to a
Ashish Sampat

Video Blog: Case Study - How Lundin Eagle Mine translated their MS Visio cost model into SAP configuration and design to capture costs and variances in their mining and milling operations

In this session, Eagle Mine shares how they developed a process flow cost model of their newly commissioned mining and milling operations and how this cost model guided the design and implementation of the costing processes in SAP. John covers:     Process manufacturing aspects including resources, master recipes, process orders, cost es
John Pringle

Why do I need to activate Profit Centers in SAP S/4 1709?

 For example, the old profit center line item report KE5Z when run in our 1610 system gives no results Also, any of the old report painter based reports also return no data as they are reading from libraries based on the 8A ledger. For example, report S_ALR_87013326 - Profit Center Group: Plan/Actual/Variance would return: This is expected be
John Pringle

Explore Various Cost Objects in SAP Controlling

The main advantage of using Process Orders is using a Process Instruction Sheet, or PI Sheet, for day-to-day shop-floor activities. Both scenarios use Material Masters and Bills of Materials. Production Orders use Work Center (Machine) and Routing  or sequence of operations Process Orders use Resource (Machine) and Recipe or sequence of opera
Ashish Sampat

Moving to SAP S/4HANA: Some Personal Thoughts About Controlling

  Look and Feel When you think about user interfaces with SAP S/4HANA, you think SAP Fiori because it is one of the main advantages. I first logged on to the S/4HANA test client with the SAPGUI interface. Whether using the SAPGUI or SAP Business Client interfaces, logging into S/4HANA looks exactly like logging into ECC 6.0. You can use exist
Tom King

SAP GRIR Goods/Invoice Receipt

   Purchase Price Variance PPV This discussion assumes you use standard price (S) for purchased materials.You must post GR to record PPV. There is no PPV posting for just IR. There can be additional variance postings for IR after GR is posted for differences between the PO price and the actual price paid. When you post GR, the price vari
Ross Christoph

Fiscal Year Variants in SAP S/4HANA Asset Accounting

The FY variant determines the financial periods and calendar assignments, which you use to post documents in financial accounting. A commonly used standard SAP FY variant is K4, which matches the calendar periods: period 01 corresponds to January, period 02 to February, period 03 to March, and so on. However, in some countries or industries, it is
Stoil Jotev

When Should I Use An SAP Internal Order?

  When Should I Use An SAP Internal Order By Majorie Wright Why would you use an internal order? Here a few examples:     You're managing an event with several cost centers.     You'll settle major repair costs to a production line cost center.     You're responsible for a fleet of service vehicles with a cos
John Jordan

Video Blog: Using SAP templates for activity allocation in CO

                         This recorded session covers: The difference between using templates for actual activity allocation vs. other methods How to create a template Common template challenges and how to overcome them Tips on often underused functionality for formula planning Walk
Alice Adams

Optimize Financial Performance Leveraging S/4 HANA EPM/BPC

  We advocate an integrated and collaborative approach working with our clients by aligning the right metrics and linking the behaviors and activities of the workforce based on the metrics required for your business. Our experienced project team will provide new insights by accelerating solution delivery and optimize the often costly “discove
Johannes Le Roux

SAP Standard vs Moving Average

Figure 1: Costing 2 View - Valuation Data The Valuation Data section contains Price control which determines if a material is valuated at Standard (S) or Moving average (V) price. You can change from S to V price control at any time. The target field, in this case the Moving average price, is overwritten with the Standard price to e
John Jordan

Explanation of FI Line Item Texts created by Material Ledger

Believe it or not, SAP does try to provide guidance on what each Material Ledger posting is for. It does so by inserting texts into each line item posting to indicate what it is (as described in SAP Note 2397606). The problem, is that these text explanations are sometimes cryptic and do not provide much clarity on what the posting is for. Also, th
Paul Ovigele

SAP Costing Sheets Allocate Overhead

  Templates: Templates allow you more flexibility.   Costing Sheets: Costing sheets allow flexibility in allocating overhead across products based on cost elements and origin groups. Manufacturing orders are debited, and cost centers are credited during period-end overhead calculation. SAP costing sheets offer sufficient flexib
John Jordan

SAP Subcontracting

                    Overhead Subcontracting is a form of procurement in which the product to be procured is manufactured by a supplier (the subcontractor) to whom the procuring entity supplies components for the purpose. If a company only uses subcontracting, there is no on-site manufacturing invol
John Jordan

SAP Fiori Apps for Variance Analysis in Manufacturing

Table of Contents Introduction Production Cost Analysis App Analyze Costs by Work Center/Operation App Glossary   Introduction Variance analysis compares production order actual and target costs and explains the difference with variance categories.   There have been many improvements in SAP Controlling with S/4HANA, includ
Tom King

Display SAP MM-FI Automatic Account Assignment

  Display OBYC Accounts with SE16N End users do not typically have the authorization to run configuration Transaction OBYC.  You can easily display automatic account assignments as follows: View table T030, which stores OBYC configuration settings, with Transaction SE16N. Type in Table T030 and press Enter to display the selection s
John Jordan

SAP FICO Controlling Conference March 2022 Highlights

  1 - SAP RISE to the Cloud by Anurag Barua from SAP An overview of SAP RISE core components The basic concepts & benefits you derive from SAP RISE How S/4HANA Cloud will turbo-charge your finance transformation  2 - S/4HANA Margin Analysis, Continuous Close by Marjorie Wright SAP S/4HANA removes need to reconcile value fie
John Jordan

SAP FICO Controlling Conference 2022 Highlights

In SAP S/4HANA 1809, Universal Allocations were introduced to bring all the allocation processes (such as Assessments and Distributions of Cost centers, Profit Centers, and Profitability Segments for Plan and Actual data) under one umbrella, similar to the Universal Journal. This helps to simplify the allocation process, utilize the speed of the U
John Jordan

SAP Book: SAP Product Cost Controlling

    Purchase book now: Product Cost Controlling with SAP   Table of Contents PART I: Integrated Planning Chapter 1 Integrated Planning PART II: Product Cost Planning Chapter 2 Controlling Master Data Chapter 3 Material Master Data Chapter 4 Logistics Master Data Chapter 5 Costing Sheets Chapter 6 Cost Components Chapter 7 Costi
John Jordan

100 SAP Expert Tips You Should Know About Controlling with SAP

  Hear what readers are saying about this book: Best SAP shortcuts ever, and it's fun to read This book has paid for itself many times over My colleagues appreciate me sharing these ideas I really like the SAP Material Ledger conversion and go-live ideas, they saved me so much time     &n
John Jordan

How to Change the Cost Component Structure with SAP Material Ledger Active

  Step.1 Map Origin Groups The initial cost structure was as follows:  First, origin groups are created with Transaction OKZ1, they must be maintained in the costing 1 view of each purchased material (ingredients and packaging materials). Origin groups can be edited collectively with transaction MM17. This allows you to map purchased mat
John Jordan

Material Ledger in SAP S/4HANA

  Table of Contents   Chapter 1: Introduction to Material Ledger in SAP S/4HANA Chapter 2: Configuring Currency Types, Ledgers, and Valuation Views Chapter 3: Group Currency and Valuation Chapter 4: Profit Center Valuation Chapter 5: Configuring Actual Costing Chapter 6: Actual Costing Run and Analysis Chapter 7: Actu
John Jordan

RISE with SAP and Ascend with UST

  Current Manufacturing Environment Let's discuss the current manufacturing environment and then look at the advantages of the three UST accelerator programs. Manufacturers face tough challenges in the post-pandemic world. They must manage customer demand and supply planning with unexpected shortages and constraints. Striking the balance
John Jordan

Webinar: New SAP Press Book: Production Variance Analysis in SAP S/4HANA

  Here's a chapter-by-chapter review: Introduction Welcome to the latest SAP S/4HANA edition of this groundbreaking SAP book. Our new book, on publication Jan 26, 2023, immediately entered the SAP Press Bestsellers top ten. The first edition in 2007 was the first-ever book on SAP Controlling (CO), which explains SAP CO in an easy-to-unde
John Jordan

SAP Press Book General Ledger Accounting with SAP S/4HANA

  Table of Contents Chapter 1 Introduction Chapter 2 Organizational Structure Chapter 3 Integrated Business Processes Chapter 4 Fiscal Year and Posting Periods Chapter 5 Parallel Reporting Chapter 6 Currencies Chapter 7 Master Data Chapter 8 Documents and Posting Control Chapter 9 Document Splitting Chapter 10 Profit
Anand Seetharaju

Top 10 SAP Books SAP Press Bestsellers - June 2023

    2. SAP Fiori Elements – Development and Extensibility Take the guesswork out of app development with this comprehensive guide. Learn how to use SAP Fiori elements to develop SAP Fiori applications with minimal coding. Walk through the basics of SAP Fiori elements, including the OData standard, programming models, and development
John Jordan

What's the Difference between an Internal Order and Project System in SAP

  Table of Contents Introduction Definitions Benefits Comparison Integration Tips and Tricks Summary Glossary   Introduction In SAP Project Management, two terms that are often discussed, both on-premises and cloud-based are: Internal Order and Project System Work Breakdown Structure WBS. Both options have advantages. Understanding the d
John Jordan

SAP IBP Success through A Better Test Strategy

Standard SAP IBP deployments start with a two tier landscape of shared DEV (development) and Test (QA) tenants which are insufficient for complex scenarios with large data volumes. In this article we discuss deploying an additional Test tenant into an existing two-tier system landscape to improve testing with production data. The additional Test t
John Jordan

Meet the SAP Authors at Controlling Financials Conference 2024

  Authors: John Jordan and Janet Salmon Book: Production Variance Analysis in SAP S/4HANA Learn variance analysis to improve profitability and production processes with SAP S/4HANA Create cost estimates, assess actual costs, perform event-based processing, and analyze scrap with step-by-step instructions Discover the new real-time accoun
John Jordan