Verity Business Solutions

SAP Product Costing – a primer

Rajesh Shanbhag — Sun, 03 Mar 2013 20:01:00 +0000

Product Costing in SAP is a mature process that has been implemented and being used by several of SAP customers. The significant limitation with Product Costing was that it was biased significantly towards Standard Cost. Over years, Product Costing spawned a new feature in SAP to handle this limitation – Material Ledger. Product Costing along [...]

Document Splitting in New GL in SAP: Document Splitting and unrealised foreign exchange loss/ gain

Rajesh Shanbhag — Wed, 31 Oct 2012 00:13:29 +0000

Overview In a previous blog, I demonstrated the Document Splitting process for realised foreign exchange gain/ loss. In this blog, I will demonstrate the Document Splitting process for unrealised foreign exchange gain/ loss. Unrealised foreign exchange gain/ loss arise when a company has an outstanding payable/ receivable in a foreign currency and the value of [...]

Document Splitting in New GL in SAP: Document Splitting and realised foreign exchange loss/ gain

Rajesh Shanbhag — Mon, 22 Oct 2012 03:06:24 +0000

Overview SAP ECC newGL Document Splitting process supports certain “subsequent processes whereby the system transfers document splitting characteristics from the original process to the subsequent process”. Users are not required to configure any extended Document Splitting rules to split documents from subsequent processes. If subsequent processes post line item to cost centres, the system ensures [...]

Can SAP ECC newGL replace your existing Special Ledger?

Rajesh Shanbhag — Tue, 09 Oct 2012 03:10:53 +0000

Overview One of the common question most customers ask me “Can SAP ECC newGL replace my existing Special Ledger?” However the answer to that question is far from simple. One needs to understand the purpose and design of the existing Special Ledger and map those to SAP ECC newGL features to be able to give [...]

[SAP] Default Account Assignment vs Automatic Account Assignment

Rajesh Shanbhag — Tue, 24 Jul 2012 12:00:00 +0000

Default Account Assignment Default Account Assignment is an assignment of a default Cost Center or Order in the cost element master. This default tells the system to default this Cost Center or Order when you post to this cost element. This default is assigned to Master Data; no configuration is required. This default is useful [...]

Greening your ERP

Rajesh Shanbhag — Fri, 20 Jul 2012 12:00:00 +0000

Many organisations around the world are adopting green initiatives to help make an impact on our environment. Green initiatives could be adopted internally to reduce the carbon footprint of the organisation as a whole or can be adopted externally by helping the community achieve a greener environment. With global warming taking a key place on [...]

Parallelisation of COPA Assessment Cycles

Rajesh Shanbhag — Thu, 19 Jul 2012 12:00:00 +0000

Overview In this blog, I will explain the concept and the setup of cycle run groups and how to execute COPA Assessment Cycles in parallel. Assessment cycles are generally executed at period end and take up a significant portion of month end processing time. There are several dependencies before they can be run and [...]

Classic vs newGL Profit Center Accounting #4

Rajesh Shanbhag — Tue, 17 Jul 2012 12:00:00 +0000

Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close. This is the last in the series of four blogs on comparison between Classic and [...]

Greening your vendors

Rajesh Shanbhag — Fri, 13 Jul 2012 12:00:00 +0000

Classic vs newGL Profit Center Accounting #3

Rajesh Shanbhag — Thu, 12 Jul 2012 12:00:00 +0000

Overview With SAP ECC, SAP introduced a new architecture for SAP Financials. One of the key features is the “merger” Classic Profit Center Accounting (EC-PCA) with General Ledger. This brought SIGNIFICANT benefits to customers in terms of faster period close. This is the third in the series of four blogs on comparison between Classic and [...]