Information
Please visit our international page to see all the numbers matching your region.
Flat rate
$19 per month
The methods used for inventory valuation have been transformed with SAP S/4HANA. The material ledger is now integrated with the Universal Journal and is the sole means for valuing materials. This book covers how valuation is managed in up to three different currencies, in parallel, without requiring the actual costing functionality. Learn how the material ledger interacts with the Universal Journal and how to configure the currencies used for parallel valuation. Investigate various valuation approaches and see how legal, group, and profit center valuation views can be used to help understand company profitability. Be guided through the configuration steps that enable these multiple valuation approaches. For those who are using or intending to use actual costing, learn how the actual cost is determined and the steps required to set this up to achieve maximum benefit. Find out how the actual costing run works and how alternative valuation runs can be used to provide additional information about inventory values. Review the optional business functions FIN_CO_COGM for parallel valuation of cost of goods manufactured, and LOG_MM_SIT for intercompany stock-in-transit and actual costing to see how they can be used for additional analysis of inventory. Investigate the different forms of balance sheet valuation and how they interact with the material ledger.
Let’s look at an example company—Universal Writing Utensils, which is based in Belgium. Group currency for the S/4HANA client is set to EUR. The company also has plants in the United States and Mexico, and wants to be able to view inventory for the North American operations in USD, as well as in EUR. In addition, the Mexican plant needs valuation in the local country currency, MXN (Mexican pesos). Universal Writing Utensils does not want to implement actual costing for these plants.
Two global companies have been defined: K101 for Europe and K102 for North America (see Figure 2.1).
Figure 2.1: Universal Writing Utensils companies
Companies are configured under menu path Enterprise Structure • Definition • Financial Accounting • Define Company. Figure 2.2 shows the details of the North American company, K102, which uses USD as the company currency (currency type 60).
Figure 2.2: Definition of company K102
Three company codes have been set up using menu path Enterprise Structure • Definition • Financial Accounting • Edit, Copy, Delete, Check Company Code: K101 for Belgium, K102 for the United States, and K103 for Mexico (see Figure 2.3).
Figure 2.3: Company codes for Universal Writing Utensils
Company codes are assigned to companies via menu path Enterprise Structure • Assignment • Financial Accounting • Assign Company Code to Company. Figure 2.4 shows company codes K102 and K103 assigned to company K102.
Figure 2.4: Assigning company codes to companies
C. Dobrea
24.08.2022
S. Espinosa
01.06.2021
J. Salonga
08.12.2020
The learning content is designed for anyone who wants to gain SAP knowledge in a simple, compact, and practical way. Our learning platform offers content for beginners, advanced learners, and experts. This enables you to expand your knowledge step by step and continuously develop your skills toward becoming an SAP expert.
Our products—whether books, videos, or online training—deliver SAP knowledge concisely and practically, so you can apply it directly in your daily work, even if you have limited time. You benefit from a broad coverage of relevant SAP topics, high-quality content in four languages, and learning formats designed to fit your individual needs. This ensures that you can stay up to date and continuously develop your expertise.
Our books are characterized by a clear practical focus and a compact, easy-to-understand presentation. We explain complex SAP topics concisely—without unnecessary marketing buzzwords—so readers can quickly grasp the essentials and apply the new knowledge directly.
Our print books can be returned within 14 days, in original condition. Return shipping is at your own cost.
We currently only ship books directly within Germany. If you are ordering from outside Germany, we recommend purchasing via Amazon. You can find the link by selecting “Buy eBook” on any product in our webshop and Amazon will then show you both the eBook and print versions available for purchase.
Alternatively, you can access all our content with a digital subscription, starting at $19 per month.
Our team is always happy to help and will respond to your questions as quickly as possible (usually within 1–2 days). You can also contact us if you have questions for one of the authors. Email: contact@espresso-tutorials.com
