Back to the Basics: Overhead Cost Allocation Methods Part three in a series of core functions in SAP Controlling Name: Overhead cost allocation methods Purpose: Assign cost based on specific criteria Where used: Controlling, overhead management Transaction code: Various, see below Cost allocation methods are used in SAP ERP and S/4HANA. Accurate cost allocation helps […]
S/4HANA Finance: Back to Basics
Core SAP features and functions available in ERP and S/4
S/4HANA Finance-Back to the Basics: Cost Object
Back to the Basics: Cost Object Part two in a series of core functions in SAP Controlling Name: Cost object Purpose: Indicates responsibility for cost or revenue in Controlling Where used: Controlling Transaction code: Various, see below Whether you are new to SAP and are implementing S/4 HANA or are an existing SAP ERP customer, […]
Announcing new blog series: S/4HANA Finance-Back to the Basics
S/4HANA Finance-Back to the Basics New Blog Series As I watched a recent session by the fabulous Janet Salmon on SAC Financial Planning, I noticed how many core ERP features are now in this Cloud solution. I began to wonder how many SAP ERP customers understood the benefits of things like activity price splitting- a […]
S/4HANA Finance-Back to the Basics: Cost Element Master Data
S/4HANA Finance-Back to the Basics: Cost Element Master Data Part one in a series of core functions in SAP Controlling Name: Cost element Purpose: Classification of revenue or cost in management accounting. The category determines which cost objects can be integrated when posting. Where used: Master data Transaction code: S/4HANA-FS00, FSP0, FSS0: ERP KA01, KA06 […]