Standard Costing: Full SAP S4HANA Demo for Purchased Items (Part 2/2)
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- Опубліковано 5 вер 2024
- PART 2/2: Full demo of standard costing for purchased items on SAP S4HANA following the process explained in the previous videos:
- Material Master data needed for Material Ledger Actual Costing
- Creation, Mark, and Release of Standard Cost Estimate
- Purchase Order creation with Shipping Costs
- Goods Receipts with Actual Value different from Standard
- Analysis of PPV (Purchase Price Variance)
- Material Ledger Actual Costing Process
- Financial Entries and Trial Balance Analysis
Full Product Costing Playlist:
• SAP S4HANA: Product Co...
This is a part of the "SAP S4HANA 1709 Training Series", in the link below
goo.gl/Nhj6FW
Don't be shy to ask any questions!
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Wow, I'm truly amazed by the precious content you're sharing! Keep up the excellent work, Abdallah
Thank you very much
Hi Abdullah
You are so selfless and sharing such a huge chunk of knowledge. It really helps understanding the concepts hand-in-hand with System. Thank you so much
You're very welcome Ravi, glad to help
@@AbdullahGalal
Are you planning to load any sessions on EBS?
Excellent video, Abdullah. I have worked with Material Ledger since 8 years now, and yet, I have learnt a lot from your explanation. You definitely have greatly enriched my experience as a SAP User. Especially when showing the impact in the trial balance at that level of detail. Thanks and keep doing the good job.
Thanks a lot Hector! glad to see this feedback!
Great video. As a long term SAP Financials consultant, I found this description and demo very clear.
Great to hear! thank you Ray
Awesome Abdullah... your explanation shows your liking and dedication towards subject and most importantly you are sharing your knowledge. God bless you
Thanks a lot Sai
Amazing video Abdullah. Thank you so much for sharing this.
My pleasure
Maybe, missed comments of the last step Mark Prices. But, excelent! Congratulations.
Yeah, explained before in costing of purchased items so I skipped it, but should have added a note
Awesome explanation!
Thank you Abdullah for the efforts in configuring the system to show us also the integration to FI and the impact on P&L 👏
Glad it was helpful!
استاذ والله استاذ من الاخر
Thanks you!
Thank you so much. I have been looking for the material ledger videos and specially pup run and how the price difference impact on the inventory and p/L.. you have explained thoroughly when layman can understand.
Welcome, glad it helps
Thank you so much and keep it up!
Excellent video, it helps a lot to understand the concept. your explanation are very clear and detailed.
Great Video and Teaching style and Video Quality is v good
Thanks a lot
جزاك الله خير يا حبيبنا... شرح ممتاز ووافي الله يعافيك
جزانا الله و اياكم, شكرا لذوقك
The explanation is very nice, clear and crisp
Thank you for the feedback
Nicely Explain complex set up in SAP. Thank you very much.
It really helps. Now I am looking for actual costing for Manufatured Products.
Thanks again.
Glad you like it!
World's best!
Thank you
Sir, You are great
Hi Abdullah,
Thank you so much for informative video on std costing with good example. I wish you provide few more videos on std costing related issues and scenarios. This is the one area I truly struggle a lot but today I learned few good points.. shipping cost added to the inventory at the end , how the TB looks etc.. could you create few more videos on material ledger please. Its a humble request
Hi R A, will do my best!
Thanks and hats off to you for such a seamless explanation and it was very clear in terms of CKMLCP.
Thanks a lot Sai
Very Clear Explanation Man.. Hats Off....!!!
Thanks a lot Sohail!
Thank u Abdullah. Appreciate ur effort on explaining material ledger on S4 HANA 1809
You're welcome, thank you for commenting
Hi Abdullah could you please show the whole screen ..Record 7.34 is partially covered by your screen.
Superbbbbbbb dear. I really enjoy your videos , have learnt a lot and becoming a master of these things day by day. thanks alot for providing demonstration for free.
You're very welcome, glad to help
Thanks Abdullah
Welcome :)
Excellent :D Thank you!
You're welcome!
Nice video Abdullah
Hi sir,Nice videos, clearly explained.
Kindly make an video of material legder with actual costing for moving average price
Thank you.
Explanation was Superb and in last few days lot of myths on GR/IR, MR11, Price differences,Significance of MATERIAL LEDGER have been cleared.
Do we have any videos similar to P2P on O2C which covers O2C accounting integration points and also Pricing procedure etc.
Thanks again and keep Rocking
Great, for O2C not yet, I'm working on new content
Abdullah Galal - SAP, CMA Awesome videos, do you have a video on lockbox end to end process?
Amazing video
Thanks!
thank you abdulah very interesting video
You're welcome, thank you for commenting
Excellent - heads off to you - i am just wondering how did the system used standard cost estimate of the month of April where as you did calculate and saved SCE for the month of May only ?
I don't see anyting related to April in the video! where's that
Thank you sir, very clear
You'e welcome!
You're welcome!
Thanks u so much sir, excellent explanation.
But one doubt,
in case,Actual costing Material ledger
If we select "Revaluate Consumption" and there is actual consumption too... Part of price diff will move to consumption ( based on qty consumed) as u explained.. but what about remaining price diff , whether it will continue to reflect in price diffA/c (P&L) or adjusted in inventory A/c ( B/S)???
It will be adjusted to Inventory A/c (B/S)
All price difference will be allocated to either stock or consumption based on what we consumed
@@AbdullahGalal thanks sir for clearing doubt....
Thank you
Welcome!
What exactly do you mean by settling the price difference for the material.. How does this impact the accounting entry? record 11.59.. thank you so much
Very helpful - Nice explanation.
Thank you Adeel
Very nicely explained... Thanks a lot...
You're welcome, thank you for the comment
Great
Thanks
Great Videos
Thnak you sir.
You're welcome, thank you for commenting
Hi Abdullah,
Excellent video, Could you please help me with any Fiori app or standard CDS view/ Report which can be used same as CKM3N, Actual Cost Component Split.
Check this
blogs.sap.com/2019/04/01/material-price-analysis-report-ckm3n-costing-cockpit/
and this arturfaraco.blogspot.com/2016/03/ckm3-collective-analysis-cost-of.html
Looks like there's no standard functionality for CKM3n of multiple materials.
Hi Abdullah, If the company just uses standard price for valuating inventory through all the year, is CKMLCP required? or it is required for closing the material ledger technically and the company could skip the last step of CKMLCP "Post closing" would that be OK? or just not use CKMLCP at all? thanks... very useful video
I am unable to see my plant in CKMLCP.. I tried pressing on Plants Not Selectable but that button is greyed out.. I have not executed costing run before. What could the reason that I am unable to see my plant?
Thanks for the nice explanation.
1.Just wanted to know why system asked to enter Date of Manufacture at 4:17th minute of the video while doing the GR?
2. Also at 5:23rd minute there were two accounting documents posted at GR, where you have shown only second document starting with document number 5*******, which was the effect of first accounting document starting with 4******?
You're welcome
> It asked for date of manufacture as this item has "Batch management" activated
> Regarding the second accounting document, I don't remember what was the case when I recorded this video, but this can happen in many cases such as cross company code posting
@@AbdullahGalal more than likely you have two parallel ledgers for different accounting principles configured in your test system, hence why you have two documents
I had noticed 4*************8 when there is a price difference between po and the GR
how freight cost impacted in price of item not clear
Completely explained the point with financial entries in the video, do you have a specific question?
Hi Abdulla
Excellent vedio 👏.
After posting the costing(final step)we saw the 200 getting knocked off & inventory value as"900".can u please confirm if price in the material master gets updated with "9" or remain the same "7".
The "cost" in the material master gets updated to the new value
Be careful when working in costing it's important not to mix the words "Cost" and "Price"
Why does system generate two accounting document. What is the another one which starts with 480.... number range at the recording 5.24, Thank you
Hi Raj,
This was more than a year ago, so I don't remember the system setup, but I think this is a parallel ledger document
Under the process Post Closing, can we select both "Revaluate Material and Revaluate Consumption" at the same time?
I need to review the process, but I don't see why not.
Consumption revaluate COGS and COGM while materials will revaluate the stock
Sir when i execute cockpit actual costing plants are not selectable
Not any plant is available to assign for costing.
It means your plant is already selected in another run
Hi Abdullah,
At 6min 27sec there is migo accounting, is there any way to segregate the price difference in price difference goods and price difference freight ? Something like below
INV Dr 700
Gr/is Cr 800
Price difference goods Dr 100
Price difference freight Dr 100
Freight charges Cr 100
Regards
Hi Vikas, I remember there was something like this yes, but can't recall the exact configuration!
Try to play around with the Freight Condition Account Keys in Trx M/08 and then in OBYC and let me know how it goes, I'll also check when I've some time
@@AbdullahGalal thanks for reply, l also thought same initially , creating new account key and assigning it in pricing procedure will segregate the price difference but not sure it will consider at the time of ML closing or not...
I have one quick question actual costing run means process orders right?
No .. it means Material Ledger Actual Costing .. search this title in SAP help library
@@AbdullahGalal sap help library is not easy like your videos🙂🙂
Great video, thank you!
My pleasure!