Product Costing Master Data


In this paper it is covered the various master data required for the product costing module.Most of the master data is dependent on Production Planning Module(PP Module).

It is imperative for a Product costing consultant to understand the master data created in Production Planning module and its implications on product costing Read more

Currency Types in SAP

There are 5 types of currency in SAP r/3 system.

1. Group Currency: You define Group Currency when you define Client (SCC4)
2. Global Company Currency: You define Global Company Currency when you define Company that is assigned to your company code.

3. Hard Currency: YOU define Hard Currency when YOU define the Country that your Company code assigned to. A hard currency is used in countries with high inflation. Read more

Advantages in New General Ledger

Advanstages in new general ledger are:

1. The new General Ledger in mySAP ERP 2004 has the following advantages over the classic General Ledger in R/3 Enterprise:
a) In the new General Ledger, you can display the parallel accounting using parallel accounts (as in R/3) or using parallel ledgers. The FI standard functions and reports are available for all parallel ledgers.
b) The ‘Segment’ entity and the relevant reporting that are required for segment reporting according to IAS and U.S. GAAP are available in the new General Ledger. Read more

SAP Controlling Tutorials from SAP Help

Cost Center Accounting (CO-OM-CCA)
Cost Center Accounting (CO-OM-CCA)
Personnel Cost Planning
Product Cost Controlling Information System (CO-PC-IS)
Internal Orders (CO-OM-OPA)
Distributed Profitability Analysis (CO-PA)
Profitability Analysis (COPA)
Profit Center Accounting (EC-PCA)

SAP Financials Tutorials from SAP Help

 FI Accounts Receivable and Accounts Payable
Financial Accounting (FI)
Financial Accounting (FI)
Financial Accounting – General Topics
FI Financial Accounting: Data Transfer Workbench
Financial Information System (FI)
FI/SD – Credit Management/Risk Management
FI – Special Purpose Ledger
Flexible General Ledger (FI-GL) Read more

Step by Step Guide to Cash Journal Configuration in SAP

This is complied for understanding of basic concepts of cash journal configuration with steps of:

  • Creating Cash Journal (T. Code FS00)
  • Define Document Types for Cash Journal Document (T. Code OBA7)
  • Define Number Range Intervals for Cash Journal Document (T Code FBCJC1)
  • Setup Cash Journal (T Code FBCJCO)
  • Create Business Transactions ( T. Code FBCJC2)
  • Cash Journal Entry ( T Code FBCJ)

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Conceptual Design Of Accounts Receivable & Accounts Payable

This is a quick guide to concept of SAP FI Accounts Receivable and Accounts Payable. See below content of this material;

  • Accounts Receivable Customer Master Records
  • Accounts Payable Vendor Master Records
  • Payments
  • Receipts
  • Terms of Payment
  • Tolerance Groups
  • Dunning
  • Down Payments
  • Special G/L Transactions

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