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ERPCorp SAP FICO Blog
- Category: Blog
- Hits: 15494
By Ross Christoph
SAP Enhancement Pack 4 provides additional functionality for processing outsource manufacturing or subcontracting operations.
Read more: SAP Enhancement Pack 4 for Outsource Manufacturing or Subcontracting Operations
- Category: Blog
- Hits: 14009
Learn More Expert Tips: 100 THINGS YOU SHOULD KNOW ABOUT CONTROLLING WITH SAP
SAP Material Ledger has two main functions:
Carry inventory in up to two additional valuations and actual cost as we explain in detail below:
Read more: SAP Material Ledger - Excerpt: 100 Things You Should Know About Controlling with SAP
- Category: Blog
- Hits: 133147
By Janet Salmon
I've spent the last six months working with the first accounting customers to validate and implement SAP Accounting powered by SAP HANA. I've talked with even more customers about the possibilities of the new solution. SAP Accounting powered by SAP HANA will be made generally available on 1st August 2014.
In this blog, I explain how the new solution differs from earlier versions and discuss some of my learnings.
- Category: Blog
- Hits: 100286
By Paul Ovigele
Introduction
SAP Material Ledger allows you to run Actual Costing with the benefits, and without the disadvantages, of the two traditional methods of inventory valuation:
- Standard Costing
- Moving Average Costing
Before we explore SAP Material Ledger and Actual Costing, let's analyze the two traditional approaches.
- Category: SAP Controlling
- Hits: 235272
by Ross Christoph
SAP GR/IR performs a three-way match between:
- Purchase Order (PO)
- Goods Receipt (GR)
- Invoice Receipt (IR)
You use the GRIR clearing account to record the offset of the GR and IR. When fully processed, the postings are displayed in the clearing account balance. Clearing is performed at the PO line item level based on the quantity entered. You write off small differences with Transaction MR11 or via menu path:
Logistics - Materials Management - Logistics Invoice Verification - GR/IR Account Maintenance
- Category: SAP Controlling
- Hits: 21415
By Tom King
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 activity types are not cost drivers but instead allocate costs from cost centers to cost objects.
First, in this article, let's create an activity type with the assigned fields.
- Category: SAP Controlling
- Hits: 68846
By Tanya Duncan
I recently used some interesting configuration in the valuation variant to value externally and intercompany purchased materials. My client has unique challenges because they are vertically integrated.
They produce almost every raw material that goes in to their finished goods including packaging and the machinery to produce finished goods. The amount of intercompany purchases is massive and we needed a sustainable way to value purchased items and reference the purchasing conditions for intercompany markups and other charges like freight and shipping labor.
This configuration is a multi-step process, but it's fairly simple when you have all the pieces configured correctly.
- Category: SAP Financials
- Hits: 83412
By Janet Salmon
This blog explores 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 with Margin Analysis. Keep reading for a list of frequently asked questions that came up during the webinar on SAP Simple Finance 1503.