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ERPCorp SAP FICO Blog
- Category: Blog
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by john jordan
Introduction
You use configuration Transaction OBYC to assign SAP General Ledger (GL) accounts in Financial Accounting (FI) to movement types in Materials Management (MM), also known as SAP MM-FI Automatic Account Determination or Assignment.
- Category: Blog
- Hits: 25091
by Tom King
- Category: Blog
- Hits: 15297
SAP assembly scrap allows you to plan for faulty or damaged assemblies.
Since no production process is perfect, some scrap is always produced. You may scrap cheaper items and rework costly items not meeting quality standards.
- Category: Blog
- Hits: 42312
By John Jordan
SAP Subcontracting involves sending components to a vendor to manufacture an assembly for you. The vendor returns the completed assembly, and during goods receipt GR, the components are issued from subcontract inventory. Subcontracting is a purchasing process with the manufacturing occurring at the vendor location.
- Category: Blog
- Hits: 21038
by John Jordan
The three methods to distribute overhead costs to the cost of goods sold for the standard price are:
Activity Rate:
You can increase the planned activity price to include overhead or create separate overhead activity types. Manufacturing orders are debited during activity confirmation, and production cost centers are credited.
- Category: Blog
- Hits: 25234
Actual Costing with SAP Material Ledger
By John Jordan
SAP Material Ledger has two main functions:
- Carry inventory in multiple currencies and valuations
- Actual Costing
In this blog, we'll discuss Actual Costing in detail:
Actual costing generates a material ledger document for all goods movements at standard price (preliminary valuation). At period-end, the actual price is calculated for each material based on the actual costs incurred during the period. The actual price is called the Periodic Unit Price (PUP) and can be used for the following two functions at period-end:
- Category: Blog
- Hits: 40332
By John Jordan
You choose either a standard or moving average price for inventory valuation. We'll consider each.
- Category: Blog
- Hits: 20262
By John Jordan
Introduction
You typically obtain the SAP standard price for purchased materials during a costing run from purchasing info records. Purchasing info records store vendor quotations per material and estimate your plan purchase price.
You post purchase price variance PPV during goods and invoice receipts if the purchase price differs from the standard. You use it to measure Purchasing performance and have Purchasing explain an increase in unfavorable PPV postings.
Read more: Post SAP Purchase Price Variance PPV to Purchasing
- Category: Blog
- Hits: 93027
BY Ashish Sampat
Several colleagues have asked me questions about integration of MM and FI such as:
- 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 specific GL Account?
This blog explains the fundamentals of MM-FI account determination. Let's start with some configuration basics, including OBYC.
- Category: Blog
- Hits: 47546
By John Jordan
How to Create an SAP Internal Order Budget
An internal order budget, or approved funds, are maintained at either an overall or annual level.
You activate availability control, which can issue warning or error messages based on defined tolerances. Let's look at how you create an internal order budget and activate availability control.