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Related Resources - Controlling
Articles
by Muralidharan Sethuraman, Principal FI/CO Consultant, Infosys Limited
Financials Expert - Volume 10 (2011), Update 10 A make-to-order (MTO) manufacturing strategy is generally implemented for a scenario in which the finished product is made and sold based on customer-selected options. From a controlling perspective for such cases, production orders are generally used as the cost object to capture and analyze the manufacturing costs. There are some special manufacturing scenarios in which you can implement the MTO strategy for repetitive controlling processes and then manage the manufacturing costs for a product by period and not by individual lot size.
by Gaurav Kumar Aggarwal, Senior Consultant, SAP FICO, Infosys Limited
Financials Expert - Volume 10 (2011), Update 9 Learn how to optimize the tracking of purchase price variance (PPV) in your procure-to-pay business process for better control over its monitoring. Discover the limitations of the SAP ERP Financials system and the different dimensions (e.g., cost component, vendor type, and source of supply) by which you can analyze a PPV.
by Anshul Jain, Senior Associate, PwC
Financials Expert - Volume 10 (2011), Update 8 Learn how to split intercompany elimination differences using SAP Enterprise Controlling Consolidation System (EC-CS) and thus accelerate the closing process.
by Birgit Starmanns, Senior Director, SAP Marketing, EPM and Finance Solutions
Financials Expert - Volume 10 (2011), Update 6 A company can choose between different methods for manufacturing its products, depending on the type of product, complexity of the production process, and whether the product is manufactured in response to customer demand for particular options. Different cost objects are available within product costing in SAP ERP, which complement each manufacturing process.
by Shankar Kaza, Head of the SAP Financials Practice, Mahindra Satyam
Financials Expert - Volume 10 (2011), Update 6 Track contractual events that occur in long-term projects with the down payment chain functionality in FI. Walk through the end-to-end configuration of the functionality supported by process steps with an example.
by Muralidharan Sethuraman, Lead FI/CO Consultant, Infosys Technologies Limited
Financials Expert - Volume 10 (2011), Update 5 See how service order functionality integrates with the controlling function to record, track, and manage both costs and revenues resulting from service functions for some of the common customer service scenarios.
Dynamically Create a Standard Cost in a Sales Order Using Options Chosen for a Configurable Material
by Birgit Starmanns, Senior Director, SAP
Financials Expert - Volume 9 (2010), Update 10 For a configurable product, the options chosen during the sales order process can influence both the price of the product and the cost to manufacture it. Once the product options have been selected, they are used to create a cost estimate, which the system saves on the sales order item. The cost estimate is subsequently treated as a standard cost for the valuation of the cost of goods sold of the product and the calculation of the true manufacturing variances. Creation of the cost estimate is accomplished through a combination of configuration and master data leveraging variant configuration.
by Janet Salmon, Product Owner for Managerial Accounting, SAP
Financials Expert - Volume 9 (2010), Update 10 The material ledger records the flow of goods from the initial purchase of the raw material to the final sale of the finished product. It assigns any price differences incurred during purchasing and production to the product sold — or at least it does provided that the goods flow remains within a single company code. Until SAP enhancement package 5 for SAP ERP 6.0, a material sold to another company in the same group was treated as an externally procured material. Instead of the actual costs for the material purchased being transferred to the affiliated company, only the material price was recorded in the material ledger. Learn how to record both the legal view (in which the purchased good is treated as an external purchase for legal reporting purposes) and the group view (in which the actual costs for the purchased good are passed on to the other company and split into their cost components for group reporting purposes) and how to capture the intercompany markups in your cost component split.
by Paul Ovigele, SAP Consultant
Financials Expert - Volume 9 (2010), Update 8 Learn the configuration settings that determine which accounts are posted to when performing the various transactions on a production order (e.g., goods issue, confirmation, goods receipt, work in process, overhead, and variance calculation). Then see how to structure these accounts in their financial statements to reflect the true cost of goods sold.
by Akhilesh Mittal, Lead Consultant, Infosys Technologies Ltd.
Financials Expert - Volume 9 (2010), Update 7 When a product is procured from multiple vendors, there is often a variance between the actual purchase price and the standard. This variance in purchase price should be recorded, analyzed, and monitored in detail for improved cost control. Understand how to capture the variance in the standard and actual purchase price in the SAP system.
Books
The Controlling Collection from SAP PRESS is an unparalelled compendiumof resources, hand-picked to cover the complete... If you are looking for a guide that shows you how to set up SAP ERP Financials Controlling for Product Costing and how... Understand the CO component and how to make it work f Understand how your controlling processes relate to SAP Discover the many f Tip 36You can reduce the clutter in cost estimate screens! Simplify cost estimate screens by reducing the number of
White Papers
In this IDC White Paper, we discuss some of the key trends taking place in the enterprise mobility landscape today, such as consumerization of IT, the mobile application explosion, and cloud computing. ...This SAP-SAPinsider conference session, recorded at PLM 2013 in Las Vegas, steps through real-world examples from SAP® customers who have instituted standard enterprise project and portfolio management ...Whatever your business’s goal — whether it is delivering exceptional customer experiences, optimizing the supply chain, improving procurement processes, growing talent, maximizing operating capital, ...Now more than ever, the speed with which corporations can make financial decisions has a direct impact on bottom-line profits. However, several factors can hinder the ability to make these kinds of ...In this whitepaper, Forrester shares the insights of over 60 companies, vendors, and mobile experts. Learn how mobility is the manifestation of a shift to new systems of engagement, and why the first ...Today, companies face a unique challenge: how to embrace the mobility paradigm for competitive advantage while still advancing the robust capabilities of their trusted enterprise systems. CIOs are ...For many companies, securing their SAP® system was long regarded merely as a synonym for Segregation of Duties (SoD) controls. While this is an imperative in securing SAP platforms, there are additional ...This SAP-SAPinsider conference session, recorded at Admin & Infrastructure 2013 in Las Vegas, examines critical areas to address for delivering responsive, secure and highly available SAP applications ...A new report presents the results of a market research survey of 500+ SAP® customers commissioned by Worksoft Inc., and performed by an independent third party to study the state of test automation ...How confident are you in the risk management systems your organization uses to ensure safe and reliable operations? Lack of a systematic, effective approach to controlling safety, health and environmental ...
Multimedia
This course provides updated SAP® BI/BW reporting material to complement our existing BW Reporting product...
This course provides updated SAP R/3 material to complement our existing R/3 reporting product and was designed...
Watch the most popular sessions from the 2009 conference -- more than 42 HOURS! You'll learn optimization...
This course provides 13+ hours of expert advice to build, customize, generate, format, and distribute financial...
This multimedia training course provides expert guidance for getting the most out of costing, planning, and...
Blogs
By Steve Sprague on May 9, 2013
Latin America continues to show why they lead the world in electronic invoicing. Below I cover the basics of the Chile eInvoice. Chile was one of the first movers in electronic invoicing and they have More...
By Steve Sprague on April 26, 2013
There have been a number of requests coming in to cover the basics for Brazil Nota Fiscal Inbound. Remember, that the validation of all inbound supplier Nota Fiscals is mandatory. Many companies More...
By Steve Sprague on April 25, 2013
There is a definite trend for companies using SAP to move away from managing in house software solutions because of the maintenance difficulties imposed by the changing legislation in Brazil More...
By Rohana K Gunawardena on April 13, 2013
At SAP Financials Amsterdam I will be presenting two sessions on controlling "A practical guide to navigating your controlling options in SAP” and “Where is your SAP controlling data hidin More...
By Steve Sprague on March 28, 2013
Last week while at the SAP Insider Financials conference I wrote about the “calm before the storm” – basically what will happen when the Mexico tax authority mandates the use of CFDI More...
Forums
Controlling with SAP: Q&A with SAP ERP Financials expert Rohana Gunawardena (1756 Views, 32 Replies)
By Allison on February 10, 2013 at 11:43AM
By Allison on September 4, 2012 at 9:33AM
By vishwanathkashi on March 4, 2012 at 7:38AM
By vishwanathkashi on March 4, 2012 at 7:38AM
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