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Master SAP S/4HANA Controlling Design: FICO Migration & Optimization Best Practices

Essential tips for mastering SAP Controlling in preparation for S/4HANA, covering crucial changes, optimization strategies, cost element integration with GL accounts, and guidance on financial accounting, cost analysis, and efficient SAP landscape management for professionals involved in SAP FICO.

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Learn essential tips to master SAP Controlling design in readiness for S/4HANA. Join SAP FICO consultant and author Ashish Sampat as he guides you through critical S/4HANA changes and optimization strategies. This session covers how cost elements are integrated with GL accounts, new capabilities for posting Cost of Goods Sold (COGS) and production variances with detailed breakdowns in Financial Accounting, and the implications of mandatory Material Ledger (price determination 2) within S/4HANA. Discover why Account-based CO-PA (Margin Analysis) is now the recommended solution and its enhanced features. The video also explores significant optimization opportunities for your SAP landscape. Gain insights into efficient cost allocation methods, including the new Universal Allocation in S/4HANA, best practices for standard costing and additive costs, and how to effectively resolve common error messages during product costing. Understand the various SAP cost objects like production orders, process orders, and project WBS elements, along with tips for automating Work In Process (WIP) and variance settlement. Ashish Sampat also shares valuable guidance on separating GR/IR accounts for intercompany and third-party transactions, capturing freight costs, and navigating MM-FI account determination (OBYC). This is an indispensable resource for SAP FICO professionals, controlling specialists, and finance teams preparing for an S/4HANA migration or seeking to optimize their current SAP ECC environment.

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  Master SAP S/4HANA Controlling Design: FICO Migration & Optimization Best Practices