FIN Cost Object Controlling

Co-authored by Olivia Wang and Grace Zou. In Event-Based Production Cost Posting, variance settlement updates unified journal table ACDOCA with split variances. Below is an example order with variance split dimensions: As you can see from the above... Read More »

Co-authored by Olivia Wang and Grace Zou. As outlined in Janet Dorothy Salmon’s great blog The Differences between Traditional and Event-based WIP and Variance Calculation, Event-Based Production Accounting (3F0) is the leading innovative... Read More »

This blog summarizes all blogs i have written till date on CFIN in one page. BOOKMARK IT !!! (this will will be updated as new blogs will be published in future) Sr. No. Category  Topic Link 1 Business Case SAP Central Finance – Measuring... Read More »

Background: This blog pertains to troubleshooting errors in newer releases of SAP S4 HANA. During a migration project in a group of companies, I have encountered an error suggesting “No Commitment Ledger Found in System” (Message No.... Read More »

There is a continuous buzz that SAP will only support future S/4HANA innovations on CLOUD systems. RISE with SAP is focussed on cloud ONLY. This blog will summarise how Central Finance (as a product/solution) is impacted. As of now Central Finance... Read More »

Indian large companies have traditionally been conservative in their approach to investing in R&D. Instead of developing their own high-technology products and services, they have chosen to buy, license, or collaborate with developed nations.... Read More »

Depending on an organisation’s services or products, the cost strategies can vary, as every decision in the product development process or operations re-design affects the cost. Many product and service organisations are under tremendous pressure... Read More »

The costing run is a tool for mass processing in Product Cost Planning. It enables you to cost, mark, and release more than one material at the same time. It provides the following functions: • Costing, analysis and (if applicable) price update of... Read More »

This Blog post is for all experienced Controlling Consultants and beginners. By reading this blog, you understand how the WIP and variance calculation in product cost by period process and also link manufacturing orders with PCC. In repetitive... Read More »

Analysis of variance with S/4HANA With S/4HANA some approaches are updated. In the past Profit Analysis was mostly Costing based, more integrated, more agile with other modules and of course we had some limitations. The limits were understanding... Read More »