Management Accounting in SAP S/4HANA, more than just cost centers and projects
Management accounting has a power to bring you important insight about your costs and profitability. While financial accounting focuses on the external view on the company, management accounting showcases the internal view. To highlight all important foundational management accounting concepts in SAP S/4HANA, we have created a learning journey – Outline Cost Management and Profitability Analysis in SAP S/4HANA. This learning journey can be found on our new learning platform, learning.sap.com. The aim of this learning journey is to give you the foundational knowledge and make you familiar with all important concepts of management accounting in SAP S/4HANA.
In this learning journey discover the main parts of management accounting – profitability segments, cost centers, projects and internal orders. You will also figure out where exactly in the organizational hierarchy does management accounting belong.
Talking about the Universal Journal, you will discover how different dimensions like Asset Accounting, Controlling or Material Ledger come together to generate financial data.
Going a little deeper in the learning journey, the overhead cost accounting and its value flows will be introduced. You will also get a glimpse in manufacturing, where you’ll figure out from which parts does product costing consist of, and how exactly can you plan your product cost.
Universal Parallel Accounting is one of the newest additions to SAP S/4HANA functionality spectrum. Within this learning journey, you will have a chance to have a first look on its functions and value flows.
Finally, this learning journey will close with a topic of core data service (CDS) views reporting and also embedded reporting and analytics in SAP S/4HANA.
This self-paced learning journey is designed to give you an overview on all necessary concepts of SAP S/4HANA Financial Accounting module. Visit our learning journey on Outline Cost Management and Profitability Analysis in SAP S/4HANA and become an SAP expert for management accounting!
Fill the gap through upskilling and enjoy SAP’s learning offerings on the SAP Learning site. This article is created and brought to you by SAP Product Learning CoE experts!
Written by Anton Belousov