The Future of the Airline Industry in a COVID Environment

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  1. How Poggenpohl’s Adoption Of A Software-Defined Approach To Archiving SAP BI/Data Management Reduced Up To 90% Of Its Operating Costs

    How Poggenpohl’s Adoption of a Software-Defined Approach to Archiving SAP BI/Data Management Reduced Up to 90% of Its Operating Costs.
  2. 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…....…
  3. Pitfalls and Hacks in Cloud Project Budgeting and Accounting

    Explore the pitfalls and hacks in cloud project budgeting and accounting. Understand key concepts such as the run and build view on the IT budget, project investment, capitalization, depreciation, cloud pricing structure, and challenges in cloud implementation. Get insights and strategies for organizations to effectively allocate resources, mitigate risks, and maximize the benefits of their…
  4. Use the Primary Cost Component Split to Explain the Factors Behind Your Activity Rates

    You probably know that manufacturing costs are charged to production orders using an activity rate for the time worked. What you might not realize is that since Release 4.0, it has been possible to set up an alternative cost component split to view primary costs such as energy, wages, and depreciation. Without the split, these…...…
  5. Use Result Analysis Functionality to Meet IFRS Requirements of Revenue Recognition

    Result Analysis functionality in SAP can help you meet the requirements of International Financial Reporting Standards (IFRS) and other accounting principles for recognizing revenues and costs for long-term contracts. Learn how to: • Use some of the key Result Analysis methods in your SAP system to recognize revenues and costs in a make-to-order business scenario.•…...…
  6. 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…...…
  7. Include Actual Costs in COGS with Material Ledger in Release 4.7

    Reading time: 14 mins

    Does your cost of goods sold (COGS) figure match your actual costs? Learn how to use new functionality in the material ledger to complete the value flow through R/3 and assign price differences to the cost of sales accounts to ensure that the COGS reflects the actual costs. Key Concept SAP uses the term “actual…...…
  8. Quality Management Order Functionality Helps You Manage Quality Defect Costs More Efficiently

    Reading time: 14 mins

    Discover how using Quality Management order functionality in SAP ERP Central Component effectively helps you record, track, and manage the costs resulting from quality defects. Key Concept Discover how using Quality Management order functionality in SAP ERP Central Component effectively helps you record, track, and manage the costs resulting from quality defects. Traditionally, organizations use…...…
  9. Leverage SAP Product Costing for Joint Production

    Joint production is a production process of two or more finished products. In this example, the production cost is shared between the finished manufactured products. Learn the basics of apportionment of the standard cost between the primary finished product and other co-products. Discover the significance of a preliminary settlement transaction for the variance calculation of…...…
  10. Capture Service and Maintenance Costs at Operation Level from SAP Enhancement Package 5 for SAP ERP 6.0

    Reading time: 12 mins

    Learn the settings to activate the enhanced table design functionality in SAP enhancement package 5. Discover its effect on your settlement options and the Financials reports you see. Looking at the costs per operation allows you to see the costs for each task performed for the order. Previously, all costs were assigned to the order…...…