FIN Controlling
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Product Costing, part of the Controlling module, is used to value the internal cost of materials and production for profitability and management accounting. Product Costing is a niche skill. Due to costing’s high integration with other... Read More » -
In ECC, LSMW was the tool to upload Data in the system. It consists of Master/Transaction Data. In S/4 Hana, LSMW is redundant and should not be used anymore. Instead, LTMC functionality have been Introduced. LTMC is Legacy Transfer Migration... Read More » -
Product Costing, part of the Controlling module, is used to value the internal cost of materials and production for profitability and management accounting. Product Costing is a niche skill. Due to costing’s high integration with other... Read More »
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Hello friends, This is my 6th document in costing and this one is intended to explain variance calculation and related activities at period end.I will walk you through the period end activities and variance calculation. In this document I have try... Read More » -
Planning is a key tool available in Profitability Analysis (COPA), which is widely used to plan for annual forecast for Profitability Plans and track the actuals against the planned figures. Planning in Profitability Analysis allows to plan... Read More » -
Hello Friends, I try to put together a common document for Actual Cost, the information is available in SCN forums and i try to put it together in a document form so it is available at one place, In my earlier Documents I have explained about... Read More »
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A typical pain point for most projects has been the underlying differences in Costing Based COPA and the P&L in Financial Accounting. Most of the customers used costing based COPA with one of the reasons being getting a break up of Cost of... Read More »
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A transfer prices arises for accounting purposes, when one entity purchases goods from another entity within same group of companies. When two unrelated companies trade with each other, the price at which they undertake their transaction is simply... Read More » -
Introduction Activity Based Costing is a method of costing, where the cost of products, processes, customers are determined through Activities performed in the production/ support unit. It is more logical method of determining overhead cost for the... Read More »
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The second part of this blog post is a team work. I asked two of my RIG colleagues to help with the Planning Part and the Material ledger Part. In the first part of this blog I promised i would have talked about FIORI Reporting as well, but since... Read More »