Bridge of Knowledge :)

0. OB62 – Assign co-code –> COA

path: SPRO – IMG – Financial Accounting (New) –  G/L Accounting (New) – Master Data – G/L Accounts – Preparations – Assign Company Code to Chart of Accounts

Here, assign COA to co-code.

1. OX14- Set valuation area – set valuation by plant or by co-code (plant level valuation is recommended)

path: SPRO – IMG – Enterprise Structure – Definition – Logistics General – Define valuation level

Must be set before assigning any plants to co-code. Cannot be changed after any plants have been assigned to co-code.

2. Account Determination

path: SPRO – IMG – MM – Valuation and Account Assignment – Account Determination – w/o Wizard

3. OMSK – Define Valuation Classes

path: SPRO – IMG – MM – Valuation and Account Assignment – Account Determination – w/o Wizard – Define Valuation Classes (see snapshot of path above)

Here, create Account Category Reference and…

Step 1 – COPY CHART OF DEPECIATION
T Code: EC08
IMG–>Financial Accounting —-> Asset Accounting –> FI-AA Implementation Guide (Simplified Version) –> Organizational Structures and Master Data –> Copy reference chart of depreciation/depreciation area

Step 2 – ASSIGN COMPANY CODE TO CHART OF DEPRECIATION
T Code: OAOB
IMG –> Financial Accounting –> Asset Accounting –> FI-AA Implementation Guide (Simplified Version) –> Organizational Structures and Master Data –> Assign chart of depreciation to company code

Step 3 – ASSIGN FINANCIAL STATEMENT VERSION TO EVERY DEPRECIATION AREA
T Code: OAYN
IMG –>Financial Accounting –> Asset Accounting –> FI-AA Implementation Guide (Simplified Version) –> Organizational Structures and Master Data –> Specify statemement version for asset reports

Step 4 – IDENTIFY YOUR ASSET CLASSES

Step 5 – IDENTIFY YOUR ACCOUNT DETERMINATION & SCREEN LAYOUT FOR YOUR ASSET CLASSES
SPRO – IMG –> Financial Accounting –> Asset Accounting –> FI-AA Implementation Guide (Simplified Version) –>…

Material Management is the Costing unit for Org, they spent money so each and every activity which spent money should be captured by the Finance People.

1. Movement Types: 

Used to enable the system to find the predefined posting rules determining how the accounts of financial accounting system are to be posted & to update the stock fields in the material master data.(Goods Receipt, Goods Issue, etc)

All Material Movements in MM happens with respect to a Movement type.

Goods Receipt – Movement type-101

Goods issue to production Order- Movement Type-261

Scrapping of Goods- Movement Type-551

Goods Delivered to the customer- Movement Type-601

Initial Upload to Stock- Movement Type-561

Material Master-Valuation class- Movement type-Transaction key

2. Valuation Class:

Every Material will have a Valuation Class field. Valuation class could be Finished goods, Semi finished Goods and Raw Materials etc. Combination of Valuation class+ The Movement types determines the GL accounts.

Reason and Prerequisites
The current note describes the document split functionality within new G/L.
New Installation: Before the first productive posting is done in new GL with the usage of document splitting, the customizing (e.g. assignment of scenarios, definition of split criteria and activation of document splitting, etc.) has to be done completely.
New g/l should be active and the relevant scenarios have been assigned to the ledger(s) in your system.
Document split should be active for the relevant company codes in your system.
Migration: If an upgrade to ERP has been done, the classic FI is still active and can be used in the usual way.
In addition if a customer wants to migrate to new G/L, he has to contact “SAP New G/L Migration” for further information on new general ledger migration.

For customers who use new g/l without document split and are planning to use document split…

Activation of Material Ledger is mandatory on S/3 HANA due change in the data design for Inventory valuation but activation of actual costing is not mandatory on SAP S/4 HANA.

Below mentioned screen shot prescribes traditional Inventory management Vs S/4 HANA Inventory management based on Material ledger.

Material Valuation in SAP S/4 HANA allows Up to 3 currencies,

• Tracking historic rates in Material master.
• Local legal valuation & e.g hard or trading currency.

Actual Costing:

• Optional revaluation of stock and COGS
• Leverage Actual cost component

Activate Material Ledger

We activate the Material ledger for one or more valuation areas, if the material ledger is active for a particular valuation area, all materials in the valuation area are valuated using the material ledger.

But SAP recommends if you activate the material ledger for a plant, you should also activate it for all the other plants in the company code. This ensures that the…

Below mentioned Roles are required to activate “Manage bank accounts” app on Fiori.

The user must be assigned with role:

• SAP_BR_CASH_SPECIALIST (for On-premise Edition)
• SAP_BCR_FIN_CM_BAM_MC (for Cloud Enterprise Edition)
• SAP_BCR_FIN_CM_BANK_ACC_MGM (for Cloud Project Services Edition)

Back-End Server: Activate Web Dynpro Application:

Component: Web Dynpro Application

Technical Name: WDA_FCLM_BAM_HIERARCHY

Use transaction “SICF” and make sure that the ICF service for the Web Dynpro application is activated.

Back-End Server: Assign Role with Start Authorization for Web Dynpro Application:

Component: Back-End Role

Technical Name: SAP_SFIN_CASH_MANAGER

The Manage Bank Accounts transactional app provides an overview of your bank accounts in a hierarchical structure and allows you to maintain bank account master data according to your organization’s business requirements, as shown in

Profitability Analysis (CO-PA) enables you to evaluate market segments, which can be classified according to products, customers, orders or any combination of these, or strategic business units, such as sales organizations or business areas, with respect to your company’s profit or contribution margin.

The aim of the system is to provide your sales, marketing, product management and corporate planning departments with information to support internal accounting and decision‑making.

Two forms of Profitability Analysis are supported: costing-based and account-based.

• Costing-based Profitability Analysis is the form of profitability analysis that groups costs and revenues according to value fields and costing-based valuation approaches, both of which you can define yourself. It guarantees you access at all times to a complete, short-term profitability report.
• Account-based Profitability Analysis is a form of profitability analysis organized in accounts and using an account-based valuation approach. The distinguishing characteristic of this form is its use of cost and…

Dive into distributions vs. assessment in this excerpt from Expert Tips to Unleash the Full Potential of SAP Controlling by Ashish Sampat.