In SAP consignment is one the special procurement type. Under consignment when goods are procured from the vendor, these are physically stored in company’s premises but these goods are not the property of the company. These goods still belong to the supplier. This is the nature of ownership of the stocks which differentiate it from company’s other stock. All this stock is widely known as consignment stock in SAP.
SAP
SD-MM Integration
In the standard SAP, with the standard configuration setting, for both Material Management as well as for Sales & Distribution, when we go for third party processing with SD components the systems take care of all the transaction automatically. Hence no extra efforts are required by consultants to meet the client requirement.
SAP Controlling Basics
Controlling Area: An organizational unit within a company, used to represent a closed system for cost accounting purposes. A controlling area may include single or multiple company codes that may use different currencies. These company codes must use the same operative chart of accounts.
Cost center std Hierarchy : Indicated hierarchy of cost center groups in which all cost centers in a controlling area are gathered together.
Cost element : A cost element classifies the organization’s valuated consumption of production factors within a controlling area. A cost element corresponds to a cost-relevant item in the chart of accounts.
SAP Finance Basics
Client: In commercial, organizational and technical terms, a self-contained unit in an R/3 System with separate master records and its own set of tables.
Company Code: The smallest organizational unit of Financial Accounting for which a complete self-contained set of accounts can be drawn up for purposes of external reporting.
Business Area: An organizational unit of financial accounting that represents a separate area of operations or responsibilities within an organization and to which value changes recorded in Financial Accounting can be allocated.
Transport Guide Tips for SAP Objects
Here are tips for different objects:
LSMW: There are 2 ways for transporting LSMW data from a system to another.
Export/import this method gives you the opportunity to select the subprojects or objects you want to transfer. LSMW -> Extras -> Export project
Transport request with this method, you can transport a LSMW project in full (you can not select the objects you want). With this method, the project will be transported as any other SAP object in a transport order. LSMW -> Extras -> Create change request
Basics of IDoc
An IDoc (intermediate document) is a standard data structure for electronic data interchange (EDI). IDocs are used for the data interchange between SAP systems as well as between an SAP system and an external system. IDocs serve as the vehicle for data transfer in SAP’s Application Link Enabling (ALE) system. The contents, structure, sender, receiver, and current status of the IDoc are defined in the IDoc header.Data acquisition from an SAP source system is a very common scenario in SAP BW. This process involves extracting the data using either standard business content-provided extractors or custom-built extractors.
Failure of data to load usually leads to loss of productive time in re-triggering the extraction.
Segment Reporting on New General Ledger
Evaluating the range of options that are available for segment reporting within the SAP ERP system is complex, primarily due to the multitude of possible implementation solutions. Additionally, it is difficult to isolate a decision through the segment reporting approach from overall decisions regarding the integrated reporting strategy and the underlying system architecture. The emphasis in this paper is on recommending the best foundations of segment reporting design. In addition, we explain the key reports in SAP ERP and SAP NetWeaver BI to comply with segment reporting requirements.