Use Material Ledger to Calculate Actual Costs & Transfer Price
The Material ledger module is useful for actual costing and parallel valuation of inventory. It combines the benefits of stable prices from standard costing with the benefits of actual costs from moving average costing. In this course, you learn how to prepare data and execute the costing run for actual costing purposes and understand how to transfer cost components from a sending company code to a receiving company code, and identify the intercompany profit in inventory.
In this course you will learn:
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Course Goal
- Learn material ledger functionality and configuration steps for cost and profitability reporting
- Discover how to convert purchase order and material master data for compatibility with the material ledger
- Get a list of steps necessary to successfully execute the actual costing run at month end
Audience
- Consultants
- End users
- IT/Business analysts
Lesson Plan
| Lesson | Description | Preview |
| Introduction | ||
| 1 | Introduction | Preview |
| Overview of Material Ledger | ||
| 2 | Overview of the Material Ledger | |
| Preparing data for material ledger conversion | ||
| 3 | Preparing Data for Material Ledger Conversion | |
| Executing the actual costing run | ||
| 4 | Executing the Actual Costing Run | |
| Using material ledger for Parallel Valuation | ||
| 5 | Using Material Ledger for Parallel valuation | |
| Wrap-up | ||
| 6 | Wrap-Up | |
| Demo: Material Price Analysis | ||
| 7 | Material Price Analysis | |
| Disclaimer | ||
| 8 | Disclaimer | |
Instructor
14 Reviews
93 Students
1 Courses
SAP Consultant | Author | Speaker | Founder - ERPfixers
Falmouth, Washington (WA), USA
Paul Ovigele is the founder of the online micro-consulting platform, https://www.erpfixers.com/. He has worked as an ERP financials consultant since 1997 in both North America and Europe, specializing in implementing the Financial Accounting and Controlling modules along with their integrated areas for companies in industries such as consumer goods, chemicals, logistics, pharmaceuticals, apparel and entertainment. Paul has delivered numerous training sessions to finance professionals at both the functional and managerial levels, is published in FinancialsExpert where he also serves as a technical adviser, and has presented at various SAP financials conferences around the world. Paul is also the author of the books “100 Things You Should Know About Financial Accounting with SAP (2011)” and “Reconciling COPA to the General Ledger (2013)”.
Student Feedback
4.9
Average Rating
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| Language: | English |
| Level: | Intermediate |
| Duration: | 0.5 hours |
| Type: | Instructor-led |
| Delivery: | Online, instructor-led |
| Release: |
ECC 6.0 |
| Category: | SAP Financials |
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