AC530 Actual Cost / Material Ledger

Transcription

1 Actual Cost / Material Ledger SAP Enterprise Portal Course Version: 98 Course Duration: 3 Day(s) Publication Date: 2014 Publication Time:

2 Copyright Copyright SAP AG. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP AG. Additionally this publication and its contents are provided solely for your use, this publication and its contents may not be rented, transferred or sold without the express permission of SAP AG. The information contained herein may be changed without prior notice. Some software products marketed by SAP AG and its distributors contain proprietary software components of other software vendors. Trademarks Microsoft, WINDOWS, NT, EXCEL, Word, PowerPoint and SQL Server are registered trademarks of Microsoft Corporation. IBM, DB2, OS/2, DB2/6000, Parallel Sysplex, MVS/ESA, RS/6000, AIX, S/390, AS/400, OS/390, and OS/400 are registered trademarks of IBM Corporation. ORACLE is a registered trademark of ORACLE Corporation. INFORMIX -OnLine for SAP and INFORMIX Dynamic ServerTM are registered trademarks of Informix Software Incorporated. UNIX, X/Open, OSF/1, and Motif are registered trademarks of the Open Group. Citrix, the Citrix logo, ICA, Program Neighborhood, MetaFrame, WinFrame, VideoFrame, MultiWin and other Citrix product names referenced herein are trademarks of Citrix Systems, Inc. HTML, DHTML, XML, XHTML are trademarks or registered trademarks of W3C, World Wide Web Consortium, Massachusetts Institute of Technology. JAVA is a registered trademark of Sun Microsystems, Inc. JAVASCRIPT is a registered trademark of Sun Microsystems, Inc., used under license for technology invented and implemented by Netscape. SAP, SAP Logo, R/2, RIVA, R/3, SAP ArchiveLink, SAP Business Workflow, WebFlow, SAP EarlyWatch, BAPI, SAPPHIRE, Management Cockpit, mysap.com Logo and mysap.com are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other products mentioned are trademarks or registered trademarks of their respective companies. Disclaimer THESE MATERIALS ARE PROVIDED BY SAP ON AN "AS IS" BASIS, AND SAP EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR APPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THESE MATERIALS AND THE SERVICE, INFORMATION, TEXT, GRAPHICS, LINKS, OR ANY OTHER MATERIALS AND PRODUCTS CONTAINED HEREIN. IN NO EVENT SHALL SAP BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES OF ANY KIND WHATSOEVER, INCLUDING WITHOUT LIMITATION LOST REVENUES OR LOST PROFITS, WHICH MAY RESULT FROM THE USE OF THESE MATERIALS OR INCLUDED SOFTWARE COMPONENTS. g

3 Contents Contents Course Overview... v Course Goals... v Course Objectives... v Unit 1: Fundamentals of Material Valuation... 1 Fundamentals of Material Valuation... 1 Unit 2: Design and Purpose of the Material Ledger... 2 Concept and Valuation Approaches of the Material Ledger... 2 Actual Costing in the Material Ledger... 2 Unit 3: Recording Business Transactions... 3 Recording Business Transactions... 3 Unit 4: Structured Value Chains... 4 Controlling Levels and Procurement Alternatives... 4 Production: Objectives... 4 Unit 5: Period-End Close in Actual Costing... 5 Periodic Unit Price and Closing Entries... 5 Costing Run for Multilevel Actual Costing... 5 Unit 6: Special Functions... 6 Special Functions SAP AG. All rights reserved. iii

4 Contents 2014 SAP AG. All rights reserved. iv

5 Course Overview Course Overview IDES management has decided to implement SAP s actual costing function to be able to calculate the variances of fluctuating raw material prices and internal production for the finished products (CD production). You want to know the true actual prices of your finished products and analyze them with the actual cost component split. You have been temporarily assigned to the project team to participate in the implementation and assist in making any required changes. Once the system is live, you will be one of the primary users of actual costing in the multilevel CD production process. Target Audience This course is intended for the following audiences: Members of the project team SAP consultants Partners Course Prerequisites Required Knowledge Cost and revenue element accounting Basic knowledge of the interrelationships and value flows in controlling Recommended Knowledge AC505 Product Cost Planning Course Goals This course will prepare the participant to: Configure and use the Actual Costing function in the Material Ledger Revaluate inventories of raw materials, semifinished products, and finished products at actual cost Analyze actual costs using the actual cost component split in CO-PC or CO-PA Course Objectives After completing this course, the participant will be able to: Explain the capabilities and limitations of traditional inventory valuation methods without the material ledger Understand the purpose and design of the material ledger 2014 SAP AG. All rights reserved. v

6 Course Overview Explain how price differences of materials can be included in the inventory value of products in which those materials were used Explain the terms actual costing, periodic unit price and actual cost component split Perform the postings for the period-end closing in the material ledger, including revaluation of the inventories with actual prices Understand how the material ledger is integrated with other SAP applications, particularly MM, FI, and CO-PA Use special functions such as alternative valuation run options and the distribution of usage variances 2014 SAP AG. All rights reserved. vi

7 Unit 1 Fundamentals of Material Valuation Unit Overview Overview of Material Valuation Strategies without the Material Ledger and Standard cost accounting and variances Lesson: Fundamentals of Material Valuation Explain the possibilities and limitations of the standard price and moving average price price controls Explain the value flow of standard costs and variances without using actual costing in the material ledger 2014 SAP AG. All rights reserved. 1

8 Unit 2 Design and Purpose of the Material Ledger Unit Overview Concept and Valuation Approaches of the Material Ledger and Concept of Actual Costing Lesson: Concept and Valuation Approaches of the Material Ledger Describe different multiple-currency scenarios and how they are updated in the material ledger Describe different multiple-valuation scenarios and how they are updated in the material ledger Describe how the valuation approaches in the material ledger are configured, and configure them Lesson: Actual Costing in the Material Ledger Describe the concept of actual costing Explain the difference between single-level and multilevel production scenarios 2014 SAP AG. All rights reserved. 2

9 Unit 3 Recording Business Transactions Unit Overview Material Price Determination Control Preliminary Valuation Cost Components Price Differences Exchange Rate Differences Lesson: Recording Business Transactions Explain the reporting of simple business transactions in the material ledger Describe the Customizing settings required for cost components Explain the treatment of price and exchange rate differences for materials in the material ledger 2014 SAP AG. All rights reserved. 3

10 Unit 4 Structured Value Chains Unit Overview Controlling Levels and Procurement Alternatives Production Scenarios Plant Transfers, Sales and Analysis of the Actual Cost Component Split Lesson: Controlling Levels and Procurement Alternatives Describe the structured reporting of quantity structures in the material ledger Explain and set the controlling levels of materials Use the process types, characteristics of controlling levels and procurement alternatives for the display of a structured value chain for specific purposes Lesson: Production: Objectives Explain the possible scenarios of Cost Object Controlling Create and confirm a cost object and allocate overhead Settle a cost object and analyze its effects in the material ledger 2014 SAP AG. All rights reserved. 4

11 Unit 5 Period-End Close in Actual Costing Unit Overview Actual Price Determination Concept of the Periodic Unit Price Costing Run for the Multi-Level Actual Costing Lesson: Periodic Unit Price and Closing Entries Explain actual price determination Explain how the periodic unit price is calculated Determine single-level material prices Generate closing entries with and without revaluation of the ending inventory Analyze price difference postings Lesson: Costing Run for Multilevel Actual Costing Create and execute a costing run for multi-level actual costing Analyze the run results 2014 SAP AG. All rights reserved. 5

12 Unit 6 Special Functions Unit Overview Integrated Profitability Analysis in CO-PA Price Update Production Startup Alternative Valuation Run Lesson: Special Functions Set up an integrated connection to CO-PA and analyze the profitability reports Describe the update of future prices Describe the extended options such as the alternative posting run Prepare and execute production startup for the material ledger 2014 SAP AG. All rights reserved. 6