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An Introduction to SAP Joint Venture Accounting, Part I

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  1. Don’t Wait Until After Go-Live to Set Up Cross-Company Code Controlling

    A wrong decision during the setup of your organizational structure can lead to a loss of functionality in logistics and controlling. You can avoid a costly reorganization of your database with cross-company code controlling. Hear about the pros and cons and learn the prerequisites for its configuration. Key Concept Organizational structure design is one of...…

  2. Reasons to Perform a Controlling Area Reorganization

    Learn about the options to change the controlling area structure in an SAP Financials system post go-live. Key Concept The key element of the CO enterprise structure is the Controlling Area. At the initial stages of any project the analyst defines the organizational relationship between controlling areas (CO) and company codes (FI). The decisions made...…

  3. Streamline Cross-Company Postings Using SAP Parallel Valuation and Transfer Pricing in an LIV Process

    Learn how to implement SAP transfer pricing and parallel valuation in goods receipt and an accounts payable Logistics Invoice Verification (LIV) process. Key Concept Parallel valuation in an SAP system helps an organization with multiple legal entities or company codes to prepare for consolidation. Multinational companies can use transfer prices in their cross-company transactions through...…

  5. Demystify Parallel Valuation and Analyze Value Flow of Materials Across Plants or Legal Entities

    In a product cost controlling implementation, you may consider implementing the material ledger with parallel valuation — the recording of inventory values in a separate valuation view — whenever business requirements related to group and legal cost, transfer pricing, or group and legal valuation are planned. This approach demands a high degree of business process...…

  6. Gain Control of Your IT Environment: Q&A on Navigating the Controlling Options of Your SAP System

    There are more than a dozen controlling options available in the SAP system. Determining how to best interpret those options depending on how your organization stores data and handles reporting and training requirements can be a challenge. Financials 2016 speaker Rohana Gunawardena recently took readers’ questions on how to choose the most optimal solution to...…

  7. Set Up SAP Closing Cockpit for Speedier and Better-Controlled Financial Closings in 5 Steps

    See how to configure the newly updated SAP Closing Cockpit to assign individual tasks and hierarchies properly. Key Concept SAP recently redesigned its ERP-based SAP Closing Cockpit and plans to deliver it with an add-on option of a new task scheduling tool, Central Process Scheduler (CPS). SAP plans to make this generally available to customers...…

  8. Everything You Wanted to Know About SAP HANA Accelerators for ERP Financials

    Learn how to use SAP HANA accelerators to run reports and perform relevant period-end closing transactions much faster than with standard SAP ERP functionality. Follow steps on how to set up a connection between SAP Landscape Transformation and SAP HANA. Key Concept SAP HANA accelerators provide instant access to large volumes of data—enabling you to...…

  10. Make-to-Order WIP and Cost of Sales: You Have Three (Not Two)

    A subtle but important difference in the way you can have the CO module calculate work in process (WIP) and cost of sales (COS) sneaked into R/3 way back in Release 4.0. Thanks to the vocabulary words selected to describe this new option – “Valuated Sales Order Stock with Sales Order Controlling” – few people,...…

  11. cProjects and PS Projects — New Options for Project Accounting in mySAP ERP 2005

    Learn how you can use new options in cProjects 4.0 to take your project management to the type and level of detail you need. Key Concept While Collaboration Projects (cProjects) 3.0 was the first version to provide accounting integration, cProjects 4.0 offers more ways to track and manage your project costs. You can use the...…

  12. Repetitive Cost Accounting in a Production and Process Order Environment

    Learn how to configure and use product cost collectors (repetitive) to capture and control production and process order costs. Key Concept A hybrid order type for production moves the cost object from the production or process order to a product cost collector. This enables the use of orders for control of production and the aggregate...…

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