What is Simultaneous Costing in Product Costing? Simultaneous Costing is again an important part of Product Costing in SAP. It comes in the process after the calculation of the standard cost. Once we have calculated the Standard Cost, we will Read more
SAP FICO Consultant’s Duties – What do you know about it? An SAP FICO consultant works on an SAP implementation project. He configures SAP Financial and Management Accounting into the SAP ERP system of an organization and takes care of Read more
What is SAP FI (SAP Finance) Module? SAP FI, also known as SAP Finance is the functional module of SAP ERP Financials, which deals with Finance. While Controlling (CO) deals with the business’s cost control, which is the other part Read more
What is the Bill of Material in SAP? A Bill Of Material in SAP is a detailed list of components with their quantities that you require in SAP Controlling. You need these components to manufacture X units of a Product. Read more
Why do you require to migrate the New Asset Accounting to S4 HANA? Migrating New Asset Accounting in S4 HANA is an important part of the Migration of the SAP database into the S/4 HANA system. In other words, you Read more
What Cost Elements in SAP? Cost Elements in the SAP system create a link between Finance posting with Cost Object like Cost Center, Order, Profitability Segment, etc. In this blog, we will learn how to create Cost Elements in SAP Read more
WIP in SAP in S/4HANA Finance WIP or Work in Progress for reporting and posting is a mapping exercise. The configurations of WIP in SAP S/4HANA for product cost by Period and Product cost by Order are similar. We will Read more
Among various questions related to SAP S/4HANA, one frequently asked question is SAP Brownfield vs Greenfield implementation in S/4HANA. So here I am explaining this difference with this piece of the blog post. First of all, you should know that Read more
What is SAP Cash Management? Cash Management in SAP S/4HANA Finance takes care of the cash movements in business. It ensures on-time availability of funds for financial requirements and payment obligations and maintains accurate liquidity in the business. What is Read more
What is SAP COPA – Profitability Analysis? SAP COPA is the component of the Controlling module of SAP which deals with reporting of Profitability across various dimensions. It stands for Controlling – Profitability Analysis while popularly referred to as SAP Read more