Overview
Language : Urdu/Hindi, Lectures Recorded On : SAP S/4HANA 2023, GUI : Allocation with Distribution Cycle, GUI : Allocation with Assessment Cycle, FIORI : Distribution Cycle, FIORI : Assessment Cycle
SAP FICO Consultant, SAP CO Consultant, SAP FICO End User / Power User, Accounting & Finance Professionals, Cost Accountant, SAP Learners
Understanding Of Costing
Language : Urdu/Hindi
DISTRIBUTION
Distribution was created for transfer primary costs from a sender cost center to receiving controlling objects. During distribution, only cost centers or business process can be used as sender.
A distribution receiver can be a cost center, WBS element, internal order, cost object, or a business process. You can restrict the number of receiver categories in customizing.
Primary Postings (such as, energy costs) are collected on a cost center, and allocated at the end of the period by means of the user-defined key.
You can only distribute primary costs. During this process, the original cost element remains the same. Line items are posted for the sender as well as for the receiver, enabling the allocation to be recorded exactly.
You can reverse distributions as often as required. You use the Cycle-Segment method to define sender-receiver relationships.
ASSESSMENT
Assessment was created to transfer primary and secondary costs from a sender cost center to receiving controlling objects. During assessment, cost center or business processes can be used as senders.
The receivers for an assessment can be a cost center, WBS element, internal order, cost object, or a business process. You can restrict the number of receiver categories in customizing.
Primary and secondary posting are allocated at the end of the period by the user-defined key.
During assessment, the original cost elements are summarized into assessment cost elements (secondary cost element category = 42). As the system writes fewer total records, the assessment has a better performance than periodic reposting and distribution.
The system does not display the original cost elements in the receivers. Therefore, assessment is useful if the cost drilldown for the receiver is not important.
Similar to distribution, the partner is updated in the totals record during distribution. You can reverse assessments as often as required. You use the Cycle-Segment method to define sender-receiver relationships.
Introduction
Introduction to Course | Distribution Vs Assessment
GUI : Distribution Cycle
Create Distribution Cycle - Based on Fixed Percentage
Record Actual Cost On Sender Cost Center
Execute Distribution Cycle & Its Impact
Reverse Distribution Cycle & Its Impact
Distribution Cycle - Based on Fixed Portion
Distribution Cycle - Partial Posted Amount Pick For Allocation
Distribution Cycle - Multiple Segments
Distribution Cycle - Segments Lock
Distribution Cycle - Iterative Check
Distribution Cycle - Cumulative Check
Distribution Cycle - Drive Functional Area Check
Distribution Cycle - Based on SKF
SKF Types & Its Impact
Create Distribution Cycle - Based on SKF with Cumulative Check
Create Distribution Cycle - Based on Actual Cost on Receiver Cost Center
Create Distribution Cycle - Based on Actual Cost with Cumulative Check
GUI : Assessment Cycle
Create Assessment Cycle
Record Actual Cost On Sender Cost Center
Execute Assessment Cycle
Create Assessment Cycle - Based on Actual Activity Confirmation
FIORI : Distribution Cycle
Create Distribution Cycle - Based on Fixed Percentage
Execute Distribution Cycle
Impact Of Execution of Distribution Cycle
Reverse Distribution Cycle
FIORI : Assessment Cycle
Create Assessment Cycle - Based on Fixed Percentage
Assessment Cycle - Based on Other Options
Simple SAP - MTJ
SAP FICO Consultant | Finance & Reporting Expert | SAP S/4HANA CO Specialist
With overall 15 years of experience in Finance & Reporting & SAP S/4HANA Consultant, I bring a wealth of knowledge and practical expertise to every project. Currently, I am thriving as an SAP FICO Consultant, where I have been an integral part of 3 greenfield S/4HANA implementation projects, 4 support projects, and 2 rollout project.
My professional journey spans diverse industries, including FMCG, Pharma, Sugar, Paper, and Packaging, providing me with a comprehensive understanding of various business environments and their unique challenges.
Industry Expertise:
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Fast-Moving Consumer Goods (FMCG)
Pharmaceuticals
Sugar Industry
Paper Manufacturing
Packaging Solutions
Professional Background:
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Certified SAP S/4HANA Management Accounting
Masters in Commerce (MCom)
Masters in Computer Science (MS-CS)
Services Offered:
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SAP FICO Job Support: Tailored guidance to help professionals excel in their SAP FICO roles.
SAP CO Training: Comprehensive training programs designed to enhance proficiency in SAP Controlling.
SAP FICO Task Assistance: Expert assistance for tackling specific SAP FICO tasks and challenges.
My mission is to empower businesses to optimize their financial processes and achieve seamless integration with SAP S/4HANA. I am dedicated to continuous learning and staying at the forefront of technological advancements to provide cutting-edge solutions to my clients.
Let's Connect:
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Feel free to reach out for SAP FICO job support, training, or task assistance. I am always open to new opportunities and collaborations.
Mobile/WhatsApp : +923453173799 | +966536631167
Email : mtj.sap@gmail.com