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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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Controlling 2014 Plenary Session Recording: SAP Accounting powered by SAP HANA – Moving controlling and finance closer together


b2ap3_thumbnail_DSC_8182_Resized.jpgNew users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together.

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Book Excerpt Practical Guide to SAP CO-PC (Product Cost Controlling) - Make to Stock Cost Flow


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In the make-to-stock production process, production or process orders are the manufacturing order types that collect costs during production. Materials are produced based on a set production plan using MRP (material requirements planning), and not based on actual customer demand.

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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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Free Book Excerpt: Introduction to Reconciling SAP COPA to the General Ledger


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You may wonder why I am writing a book on such a specific topic. I initially had similar thoughts myself and wondered if the topic of CO-PA and general ledger reconciliation necessitated a whole book. However, I have found that this topic comes up time and time again with my clients and believe that it is important to provide information in a detailed manner to help businesses effectively deal with the reconciliation of CO-PA to the general ledger.

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Book Excerpt: Introduction to Configuration from The Essential SAP Career Guide


b2ap3_thumbnail_IMG_3683.jpgOne of the major tasks for functional SAP professionals is configuration. You configure SAP to perform properly based on business requirements during the realization phase. On your first SAP project, it can be overwhelming to know where to start when configuring a module.

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Controlling 2014 Customer Testimonial


b2ap3_thumbnail_Chris_Karch_Resized.jpgControlling 2014 was my 3rd year in a row attending the Controlling conference. I thought I would take a moment to provide a perspective from someone who has implemented SAP Controlling at Rockwell Automation for ten years and just recently went back to the business to support Operations Finance and transition to an SAP end user. 

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Controlling 2014 Plenary Presentation Slides: SAP Accounting powered by SAP HANA – Moving controlling and finance closer together


b2ap3_thumbnail_DSC_8182_Resized.jpgNew users have traditionally struggled to understand the way SAP separates Financial Accounting and Management Accounting where most legacy systems see the two as one. While it’s easy enough to understand how a payroll account flows from the profit and loss statement into cost center accounting because the account information stays the same, the situation becomes more challenging as a revenue account flows into profitability analysis and is transformed into a value field, or a cost of goods sold account becomes multiple value fields depending on the cost components involved. In its latest product release, SAP is bringing the two worlds closer together.

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How do you back track from a costing sheet to find out where it is actually used?

How do you back track from a costing sheet to find out where it is actually used?  Unfortunately, there is not an easy way to verify this without going through configuration screens or table data. This is also complicated because costing sheets can be attributed to material masters or orders. I recommend you use two tables in transaction SE16 or SE16 to determine where costing sheets are used in a standard cost (table KEKO, field KALSM) or on an order (table AUFK, field KALSM).

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How do settlement rules, settlement profiles and allocation structures work together?

How do settlement rules, settlement profiles and allocation structures work together?  This question was posed specifically about project systems, but this applies to all cost objects in SAP that require settlement: Production orders, process orders, sales orders, and internal orders. 

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