The aim of this post is to show how price variance is calculated in a context of standard cost. Read more about SAP PPV tips here.
To make an SAP S/4HANA Cloud implementation successful, we need to move away from the traditional "Fit-Gap" on-premise mindset to the Fit-to-Standard Cloud mindset. The purpose of the Fit-to-Standard Analysis workshops is to confirm the scope identified in the Digital Discovery Assessment and gather configuration and customization requirements. To do this, implementation consultants demonstrate the SAP S/4HANA Cloud business processes to customer experts from each line of business.
Dawn Watts is an experienced SAP consultant and founder of Guided Tech Solutions: An SAP consulting company specializing in SAP Finance & Controlling. Dawn has led SAP project implementations and support teams in Finance & Controlling for 2 decades. She has experience working with financial, customer service, and manufacturing teams in the telecommunications, medical devices, flooring, industrial, life sciences, and energy industries.
SAP Central Business Configuration (SAP CBC) is a new tool that is used to configure a business process spanning different SAP cloud solutions from one central place. SAP CBC allows you to manage your configurations for SAP cloud implementations and ongoing operations centrally through Project Experience. We can initiate change anytime to make additions to your scope and organizational structure or make changes to existing configuration settings.
In S/4HANA 2022, SAP introduced a tool called “Organizational Flexibility in Financial Accounting” (also called “Organizational Change” or “Profit Center Reorganization”) which enables the changing of legal and management entities that are grouped according to organizational structures, master data and transactional data. This feature allows you to update the profit center assignment in master data, such as Materials, Assets, WBS Elements CO Orders, and creates transfer postings for selected balance sheet accounts and open payables and receivables. Watch this recorded webcast with SAP FI/CO Expert Paul Ovigele to learn the following:
- The various scenarios where Profit Center Reorganization is needed.
- How to use the “Manage Organizational Changes” app is to help you to split, combine, and replace profit centers.
- Which SAP Objects are affected by the reorganization.
- How you can navigate to related apps for organizational changes.
- Limitations of the “Organizational Flexibility in Accounting” feature.
The aim of this post is to show how price variance is calculated in a context of standard cost. Read more about SAP PPV tips here.