FIN Controlling

Material Ledger/ Actual Costing is one of the complex tool provided by SAP to manage its inflows and outflows of core manufacturing related materials in multiple currency and valuations. In this blog, I have tried to explain this functionality in... Read More »

There is a lot of forum question answers and content available in SCN about Standard Costing Note-This is a beginner’s and basic guide to understand cost estimate and various settings behind it. This document is intended to explain the cost... Read More »

We all need to switch between two hats in our work lives – One related to SAP Technical Consulting (to provide solutions to a given business requirement) and the other related to “Handling the Customer”. The later is most commonly... Read More »

(updated as of SAP S/4HANA release 1909) As a controlling consultant I was very excited about the evolution of SAP ERP CENTRAL COMPONENT (ECC) to SAP S/4HANA. Since the first release I was asking myself: Do we still have a “Controlling” concept... Read More »

In order to sustain and thrive in this contemporary and dynamic environment rapid and timely decision making is more essential then to make right decision.Organization profitability is one the core parameter to assess when it come to designing... Read More »

PRODUCT COST PLANNING In General, Material cost comprises: Material Cost. Direct OH (Conversion cost) The resources which are directly involved in the production to convert raw material into finished product. Indirect OH. It is nothing but... Read More »

This document is in continuation of my first document Basics of SAP Standard Cost estimate- Understanding the flow of cost settings-Part 1  http://scn.sap.com/docs/DOC-48908. This is basic and structural way of documenting the steps involved... Read More »

Let’s learn on new changes in  SAP Controlling module, from ECC to S/4 HANA. General In ECC, any CO-related postings were updated in both the line item table (COEP) and total tables  (COSP for primary/COSS for secondary). In ECC With... Read More »

This document is in continuation of my second document http://scn.sap.com/docs/DOC-49167 –Basics of SAP Standard Cost estimate- understanding costing variant-Part 2 and 3rd in the series This document explains the Cost Component Structure... Read More »

Introduction In SAP Cost center work as a cost responsibility center, where all the expenses and cost are stored and analyzed for the purpose of management decision making. The cost could be fixed or variable in nature. The difference between... Read More »