The Case for a Center of Expertise
968 results
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Enhance Cost Center Variance Reporting for Manufacturing Organizations
Discover how having detailed activity types map to each work center level can provide you with detailed variance analysis at the cost centers. Key Concept Activity types specify the manufacturing activities produced in plant-related cost centers. Multiplying activity types used in the production process through the assigned production cost centers creates more transparency and provides…...… -
The Case for a Center of Expertise
Without a CoE, the business community might not know who to engage for addressing new business requirements. The CoE provides a single point of contact for everything from incident management to minor changes, major projects, and overall system governance. The CoE is tasked with coordinating between business and the overall IT organization to develop the… -
Use the Indirect Activity Allocation Cycle to Calculate and Post Sender Activity Quantities
The indirect activity allocation cycle can be useful for allocating activity costs from one cost center to another. When it is difficult to determine how much activity to post from one cost center to another, you can use a method that involves the automatic calculation of activity quantities. Understanding how to set up the master…...… -
Avoid PCA Reporting Problems When Using Different Companies for Sales and Delivery
Inaccurate profit center accounting (PCA) reports can result from using profit centers incorrectly for triangular sales orders. The author demonstrates how to avoid this situation by pointing out some common mistakes and providing tips on setting up profit centers correctly. Recently I was working for a company that wanted to use profit center accounting (PCA)…...… -
What Are Target Costs in Cost Center Accounting and Why Should You Calculate Them?
Many reports that monitor cost center performance are incomplete because they account for the planned output rather than the actual output of the cost center. The author demonstrates how to use adjusted costs called target costs. Calculating target costs will provide you with a report that more accurately reflects the performance of your cost centers…....… -
Four Steps to Create an Effective COE
To get the most value for their investment, many companies create a center of excellence (COE) to oversee SAP projects and ensure their lasting success. David Jantzen and Dan Haynes of Deloitte discuss how to build a COE that can support your SAP project long after go-live. An SAP center of excellence (COE) is an…...… -
Use a Standard BTE to Curb Dummy Profit Center Postings in EC-PCA
Learn a way of using a standard business transaction event (BTE) to reduce the number of postings to the dummy profit center and the consequent need to reclass these (incorrect) postings. Organizations that have implemented the classic general ledger and have activated Profit Center Accounting (EC-PCA) are advised to implement this BTE to significantly curtail…...… -
Profit Center Reorganization Is a Snap with New Functions in Enhancement Package 5
When your organizational structure changes, are you sure your profit centers are accurate? See how features in the forthcoming enhancement package 5 allow you to reorganize your profit centers in SAP General Ledger without the cost or headache. Key Concept Reorganization in SAP ERP Financials is the process of determining which master data and transactional…...… -
11 Steps for Changing a Cost Center Hierarchy
A strong cost center hierarchy is necessary for analyzing your company’s performance. If your structure is not meeting your needs, try this 11-step process to develop a new, more effective cost center hierarchy. This process is best suited for small- to medium-sized companies. Key Concept A company must have a logical grouping of costs to…...… -
Hone Your Manufacturing Cost Understanding for Better Decision Making
When a product is manufactured, an accounting entry is automatically made each time that a posting is made in the production process. Some of these postings take place in FI, while others are posted only in CO. Follow the flow of these accounting entries and understand the reconciliation process between FI and CO. Key Concept…...…
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