SAP FICO – A Complete Career Guide If you are a beginner in SAP with a finance or accounting background and want to build a sustained career, I suggest you go through this all-inclusive guide on SAP FICO. I assure you that after reading this, you will be able to Read more
SAP Cost Object Controlling in Make-to-Stock Production In make-to-stock production, you can use SAP Cost Object Controlling for Product Cost by Oder and by Period. Lets us understand this. Product Cost by Order You can manage your costs at the level of production orders and process orders. You can analyze Read more
SAP Product Cost Planning Product Cost Planning (CO-PC-PCP) is an area within Product Cost Controlling (CO-PC) where we can plan costs for materials without reference to orders. Here we can set prices for materials and other cost-accounting objects. You can use Product Cost Planning to analyse the costs of your Read more
Why are these SAP Controlling Interview Questions? These SAP Controlling interview questions are majorly based on topics like Cost Center, Cost Elements, Profit Center, Product Costing, Month-End activities & more. Since Controlling is a vital part of the SAP Financial Accounting module. Thus, reading these questions would help you to Read more
What is Cost Object Controlling? Cost object controlling enables you to determine the cost of goods manufactured and sold goods. In this blog, we collect and analyse planned and actual costs on individual cost objects such as manufacturing orders, sales orders, etc. Table of Content: What can you do with Read more
What is SAP Management Accounting? SAP Management Accounting on S/4HANA follows the complete process of SAP CO and uses the advancement of S/4HANA technology. It is based on the HANA platform, which works on cloud technology. It also includes the migration of the financial process to HANA along with all Read more
What is Cost Center in SAP? Cost Center in SAP reflect the organizational structure of a company and displays the areas of responsibility. The cost center structure is very important because it defines the basis for other modules and overhead reporting. How to activate Cost Center Accounting in SAP Before Read more
COPA Process Flow in SAP FICO COPA Process Flow in SAP allows access to the Online Transaction Processing (OLTP) structures or the core SAP database tables. It also allows the creation of a structure that online Analytical Processing (OLAP) applications use later. This includes generating multidimensional, analytical and reporting components Read more
Manufacturing and Overhead Variance In this blog, we will discuss the product costing process, Production Order calculation and its variance using the Material Ledger in SAP S/4 HANA Finance. For Production orders, variance can happen in the consumption of components or materials, consumption of activity types, substitutions on the shop Read more
SAP Margin Analysis SAP margin Analysis is the new version of SAP Profitability Analysis. You can say that SAP CO-PA is revolutionized in S/4HANA with Margin Analysis. Thus, it gives you a snapshot of your Management Reporting. You not only get insights into the past and present but also into Read more