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ERPCorp SAP FICO Blog
- Category: Blog
- Hits: 24705
By Ross Christoph
SAP mixed costing allows you to cost materials with multiple alternatives when manufacturing a material with different production versions and master recipes.
A cost estimate calculates the cost for each production version and then calculates an average unit cost with weighting factors. It displays the total cost with details of each procurement alternative.
- Category: Blog
- Hits: 55575
By Ashish Sampat
This is Part II of Make Trading Partner a Required Entry Part I
Can You Make Trading Partner Required While Posting Financial Documents?
You have three alternatives:
- Category: Blog
- Hits: 84683
By Ashish Sampat
Definition
Trading Partner is a term used in trade and commerce and is generally defined as:
One of the two or more participants in an ongoing business relationship.
- Category: Blog
- Hits: 16817
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: 15074
Learn More: 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 costs, as we explain in detail below:
Read more: SAP Material Ledger - Excerpt: 100 Things You Should Know About Controlling with SAP
- Category: Blog
- Hits: 136406
By Janet Salmon
I've been working with the first accounting customers to validate and implement SAP Accounting powered by SAP HANA.
SAP Accounting, powered by SAP HANA, was made available on 1 August 2014.
This blog explains how the new solution differs from earlier versions and discusses what I've learned.
- Category: Blog
- Hits: 50815
By Paul Ovigele
When you are using SAP Controlling Profitability Analysis (CO-PA), you know that mapping objects to value fields is the key to ensuring that the reports are complete and accurate. The standard scenario involves assigning amount fields, such as sales conditions, general ledger accounts, and production variances.
However, it is also important to map quantity fields, such as sales and production quantities, to value fields (which are set up with a quantity attribute in transaction KEA6). Most sales and contribution margin reports include these quantity values (for example, the Net Weight of products sold) to provide the appropriate context for the reported revenue and cost of sales figures.
There are three main areas where you can assign quantities to fields in CO-PA.
- Category: Blog
- Hits: 103928
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 these two approaches.
- Category: SAP Controlling
- Hits: 246777
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