Transfer pricing is a widely used functionality which sets a price between affiliated entities. It is typically setup for cross border transactions and need to conform with the tax laws in the respective countries. In SAP, Material Ledger can be used to enable multiple Valuation Views that can include or exclude the impact of transfer pricing and intercompany profit. In this regard it is used as an internal mechanism that treats every transfer between different company codes as is they occurred within the same entity, by eliminating intercompany profit and reporting in a common currency.
Watch this recorded webcast with FI/CO expert Paul Ovigele, to learn the following:
- What needs to be set up for Transfer Pricing between Company Codes?
- How is standard cost calculated for Profit center Transfer Pricing?
- How does a Transfer Pricing Posting look in the Group Valuation View?
- How is profit in Inventory identified in an Intercompany Posting?
- What changes have been made to the Transfer Pricing process in S/4HANA?
Simplify Your Journey to S/4HANA Finance
As SAP ECC customers are planning to move to SAP S/4HANA they want to know how to get started.
Join ERPfixers and Dr. Ravi Surya Subrahmanyam in this recorded webcast to learn more about:
- An overview on SAP S/4HANA & SAP S/4HANA Finance
- SAP S/4HANA transition options
- Tools that support SAP S/4HANA transition
- SAP S/4HANA readiness check for SAP ERP usage and data profiling
- Process discovery for SAP S/4HANA Transformation (evolution of SAP Business Scenario Recommendations)
- Building a business case for SAP S/4HANA transition
Production Variance Analysis in S/4HANA
Variance analysis begins much earlier than month end. It begins the previous fiscal year when sales, production, and cost center plans are created. You then create cost estimates for the following fiscal year which provide plan costs for the manufacture of products, and when compared with actual costs, allow variance analysis.
With the introduction of SAP S/4HANA there have been many improvements in SAP Controlling which we'll cover in this Webcast, including new Fiori apps which access the universal journal for improved views of variance analysis.
Fixed Asset Depreciation - A Taxing Situation for ERPs
Is your company's tax asset depreciation managed within SAP ERP or in a separate tax-specific system? Over the past 30+ years, Kent has encountered many tax managers and some finance managers, with a risk-aversion or reluctance to connect the tax asset depreciation process to SAP.
Join ERPfixers and Kent Bettisworth for this recorded session to discuss:
- SAP fixed asset designs that work for both, finance and tax departments.
- The ERP process and system challenges and suggested mitigation actions.
- Two specific SAP fixed asset designs with choices for finance and tax integration
- The impact of design choice , Tax tight integration or relaxed-integration on the risks.
SAP's RE-FX Contract Lease Management Solution
WALK AWAY FROM THIS SESSION WITH AN UNDERSTANDING OF SAP's RE-FX Contract Lease Management Solution
The FASB released new lease accounting standards taking effect:
- After December 15, 2018 for US public companies and
- Delayed to December 15, 2021 for US private and nonprofit companies*
- Lease contracts move from a footnote in financial statements to the balance sheet as right-to-use (ROU) assets
- SAP's existing Real Estate module (RE-FX) incorporates the new process and reporting requirements
- This webinar informs you of 5 things you may not know, but should, about implementing the new lease accounting standard and SAP's RE-FX solution:
- Things to do before your implementation
- Things to avoid that complicated public company
implementations
- S/4HANA versus ECC6 and on- premise versus
cloud
- Things to remember about SAP's RE-FX
configuration
S/4 HANA: Costing for Manufacturing Orders
WALK AWAY FROM THIS SESSION WITH AN UNDERSTANDING OF DISTRIBUTING COSTS DURING PERIODS OF IRREGULAR PRODUCTION ACTIVITY
There are certain scenarios where the activities of a business are not aligned with the period when the costs for those activities are incurred. This occurrence is typical with companies with seasonal production cycles, such as those in the Agribusiness industry, whose investments in land or other resources, do not always coincide with when the utilization of those resources occurs. In those cases, a cost model is set up so that the original cost is spread through the periods of the production cycle, when the actual cultivation of the land takes place.
In these times, where disruption due to COVID 19 has impacted many industries and hence production activities, the model described above could also be useful. During periods of Production Downturn which leads to minimal or no activity, how do you reflect that in a cost structure that had assumed that production will take place? Hear from Rogerio Faleiros, SAP Controlling Expert and Author, who will take you through the following:
- Using Assessments between Cost Centers and Internal
- Orders for Operational Expenses
- Using Internal Order Settlement to transfer Costs to AUCs
- Setting up Depreciation Rules to reflect periods of Uneven
Production
- Using the Allocation Structure to Distinguish Between
- Different Types of Costs
How to Distribute Costs During Periods of Irregular Production Activity
WALK AWAY FROM THIS SESSION WITH AN UNDERSTANDING OF DISTRIBUTING COSTS DURING PERIODS OF IRREGULAR PRODUCTION ACTIVITY
There are certain scenarios where the activities of a business are not aligned with the period when the costs for those activities are incurred. This occurrence is typical with companies with seasonal production cycles, such as those in the Agribusiness industry, whose investments in land or other resources, do not always coincide with when the utilization of those resources occurs. In those cases, a cost model is set up so that the original cost is spread through the periods of the production cycle, when the actual cultivation of the land takes place.
In these times, where disruption due to COVID 19 has impacted many industries and hence production activities, the model described above could also be useful. During periods of Production Downturn which leads to minimal or no activity, how do you reflect that in a cost structure that had assumed that production will take place? Hear from Rogerio Faleiros, SAP Controlling Expert and Author, who will take you through the following:
- Using Assessments between Cost Centers and Internal
- Orders for Operational Expenses
- Using Internal Order Settlement to transfer Costs to AUCs
- Setting up Depreciation Rules to reflect periods of Uneven
Production
- Using the Allocation Structure to Distinguish Between
- Different Types of Costs