FIN Cost Object Controlling

Background In an ideal scenario, business teams should have access to reliable sources of data that provide all the necessary information for conducting a thorough root cause analysis of manufacturing variances. This includes integrating all... Read More »

Overview Do you find yourself grappling with your company’s financial reporting and closing processes, struggling to achieve your management accounting objectives? The root causes of these issues can be multifaceted, ranging from inefficient... Read More »

This blog is focused on lessons learned from SAP Central Finance projects. I have been part of almost 10 CFIN projects of different sizes and shapes where I have seen below scenarios. Only ONE SAP system in scope Multiple SAP systems in scope Only... Read More »

In this article, I would like to share a successful experience with a business challenge in the context of FI Reporting of how to split WIP ( Work in Progress)  to separate GL accounts for Material and Overhead costs during WIP settlement of... Read More »

In my previous blog Using Market Segments in Margin Analysis I explained the difference between the real market segments shown in the “Product Profitability with Production Variances” app (account assignment type EO) and the attributed... Read More »

As the Central Finance product is evolving, its also improving. This blog will focus on some latest additional capabilities being available now. Most of them are improvements to the existing functionalities. Lets discuss each of them in... Read More »

Continuing the blog series on Universal Parallel Accounting, I will now look at the topic from the point of view of Inventory Accounting to explain the changes in Material Valuation, Product Cost Planning, Actual Costing and Balance Sheet Valuation.... Read More »

Continuing the blog series on Universal Parallel Accounting I will now look at the topic from the point of view of Overhead Accounting. If you haven’t already read it, please refer to Sarah Roessler‘s excellent introduction to the topic:... Read More »

Purpose This document aims to identify and describe all tasks associated with the project cutover related to SAP Controlling. In addition, This document will be used as a key communication tool to project teams regarding cutover... Read More »

SAP just released the SAP S/4HANA 2022 (major release). In this blog we will discuss the key changes or new features being available for SAP Central Finance. Also, important to note that for future SAP has changed the Release and Maintenance... Read More »