Use Material Ledger to Calculate Actual Costs & Transfer Price

IC0516

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
Introduction
1 Introduction
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

Prerequisites

Prerequisites

  • Intermediate knowledge of the Controlling Module


Instructor

Paul Ovigele

5.0 Average Rating

2 Reviews

51 Students

1 Courses

Paul Ovigele

Seattle, 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)”.



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Level: Intermediate
Duration: 0.5 hour
Type:  Instructor-led
Delivery: Online, instructor-led
Release: ECC 6.0
Category: SAP Financials

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SAP Student testimonial
The training is very useful. I highly recommend it!
-Changying  J.
Sr. Systems Analyst
Energy Transfer



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