Actual Costing with the Material Ledger in SAP ERP

Don't let your internal costs mirror ever-changing market fluctuations. Keep things straight and get the complete picture on material valuation and costing with the Material Ledger in this book, from master data setup and configuration, to revaluations. Using a practical approach, helpful steps, and a detailed case study, you'll learn how to set up and configure the Material Ledger, use its different functions for calculations, reports, valuation scenarios, and reap the benefits of SAP HANA. Costing Processes: Cement your Material Ledger foundation: learn about concepts and usage, product cost planning, account determination, and how to choose and implement the best valuation method for different materials. Configuration: Master SAP Material Ledger basic configuration. Set up essential master data, carry out inventory valuation in multiple currencies, and configure your system for other special requirements. Advanced Topics: Learn about approaches to transfer prices and multiple valuation, IFRS, and actual costing cross-company code, and find out what can happen when the Material Ledger runs on SAP HANA. Highlights: Product cost planningActual costing runsTotal cost absorptionPurchase price varianceManufacturing and overhear variancesMaterial price determinationCOGS/WIP revaluation at actual costIFRSSAP HANAIntegration with Financial Accounting