Last-in, first-out (LIFO) is based on the principle that the last deliveries of a material to be received are the first to be used. If this is true, then no value changes occurs for older material when new materials are received. Because of the LIFO method, the older material is not affected by the higher prices of the new deliveries of material. If the older material is not affected, that means it is not valuated at the new material price. If the older material value is not increased, this stops any false any valuation of current inventory.
SAP
ALE Converters and Subsystems
The ALE concept involves using external converters to connect non-SAP systems to the R/3 System.External converters are generic format conversion programs. The following converter functions arecovered by SAP XA-ALE certification:
- The transfer of R/3 intermediate document (IDoc) formats straight into their own repository so that these data descriptions can be used as source or target structures when assigning data fields.
- Adoption and conversion of intermediate documents from R/3 Systems via the ALE interface —a remote function call that can be called up using a normal transaction.
- Conversion of any data format into intermediate document structures and import into the R/3 System via a remote function call in the ALE interface.
ABAP Classes in Workflow
We can use ABAP classes in the definition and runtime components of SAP WebFlow Engine in the same way as object types defined in the Business object Repository (BOR). Before proceeding further we need to know where to create and maintain ABAP Classes and ABAP Interfaces.
What is Class Builder and its purpose?
The Class Builder allows us to create and maintain global ABAP classes and interfaces. Both of these object types, like global data types, are defined in the ABAP Repository, thus composing a central class library. Together, they form a central class library and are visible throughout the system.
Funds Management: Definition
FM is a process that allows classification and tracking of revenues and expenditures in terms of a budget structure
The FM module contains several core master data elements:
- Fund – Source and use of financing
- Fund Center – Organizational Structure
- Commitment Item – Expenses and Revenues
- Functional Area – Program or Activity
- Fund Type – Description
- Funded Program – Lower level internal programs or activity
MRP Processing Keys
NETCH, NETPL and NEUPL are three fundamentally different ways to schedule your MRP run:
- NETCH – Net Change Planning
- NETPL – Net Change Planning within Planning Horizon
- NEUPL – Regenerative Planning
SAP is keeping track of changes that are relevant for planning a material (like sales order entry, purchase order entry, stock release, etc.). A planning relevant change signals to MRP that the material should run in the next NETCH or NETPL MRP run. MRP will thus only process those materials that underwent some type of planning relevant change. This can decrease processing time of the MRP background run when compared to processing ALL materials.
Create Your Own SAP Transactions
SAP transaction codes are use as short cut to access transactions in the system. Transaction codes provide efficiency and quickness in doing things in an SAP system. Instead of going through the long-path to access transactions, you may enter the transaction code in the command field and automatically you’ll be directed to the transaction screen you want to access. SAP standard delivers a lot of standard transaction codes that are readily available to use.
Have you ever experienced to create your own transaction code for your customized programs? Here’s a quick guide you can use as your reference.