Maximizing SAP RISE Benefits with OpenText Solutions

1069 results

  1. Moving Average Price: Learn How It Functions in Project Stock and Figure Out How to Explain the Unexplainable

    A lot can go wrong if you don’t understand moving average price. Sort out the complexities that arise when material movements, invoices, reversals, and purchase order history interact with moving average price. Understand both the cause and the cure for the frustration and confusion. Key Concept Materials that are entered into an SAP system as…...…

  2. 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…...…

  3. 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…...…

  4. Effectively Create a Standard Cost Estimate Across Plants

    ManagementA complex manufacturing scenario may require operations to be carried out in different plants that manufacture a given good at various stages. Weigh the pros and cons of SAP’s four methods for creating a standard cost estimate for a semi-finished good in the receiving plant in a multiple-plant scenario. Key Concept A standard cost estimate…...…

  5. Shipment Costing Tracks Freight Expenses with Improved Accuracy

    SAP shipment costing functionality available within standard SAP Transportation Management can help you track, manage, and reduce transportation costs more efficiently. See how to effectively manage shipment cost estimates during order entry and shipment costing during transportation processing. This functionality enables you to get an accurate view of your company’s transportation costs and is helpful…...…

  6. 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…...…

  7. 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…....…

  8. 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…...…

  9. How to Transfer Material Ledger Detailed Actual Costing Results to CO-PA

    Learn how to configure the transfer of a material ledger total actual cost, actual cost components split, and production quantities in multiple units of measure to Profitability Analysis (CO-PA). Key Concept Activation of actual costing is not a common practice. Typically, there are two main reasons to implement actual costing: a legal imperative to valuate…...…

  10. 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.•…...…