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…
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…
Introduction to SAP Controlling – (SAP CO) SAP Controlling is one of the Functional Modules of SAP that deals with the cost calculation, cost analysis, cost planning and overhead management of the business. As you must know there are two types of reporting in any business i.e. External Reporting and 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…
What is SAP Preliminary Costing? Preliminary Costing is the first step in cost object controlling, which involves preliminary costing for manufacturing orders. It allows you to determine the planned costs of a product cost collector or manufacturing order. What do we do in Preliminary Costing? In preliminary costing, we evaluate Read more…
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 proceed with the process of actual costs. Actual Cost debit/credit 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 look at the configuration for product cost by period and Read more…