SAP Product Costing – a primer

Product Costing in SAP is a mature process that has been implemented and being used by several of SAP customers. The significant limitation with Product Costing was that it was biased significantly towards Standard Cost. Over years, Product Costing spawned a new feature in SAP to handle this limitation – Material Ledger. Product Costing along with Material Ledger allow customers…

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Unrealised forex gains

Document Splitting in New GL in SAP: Document Splitting and unrealised foreign exchange loss/ gain

Overview In a previous blog, I demonstrated the Document Splitting process for realised foreign exchange gain/ loss. In this blog, I will demonstrate the Document Splitting process for unrealised foreign exchange gain/ loss. Unrealised foreign exchange gain/ loss arise when a company has an outstanding payable/ receivable in a foreign currency and the value of currency has changed since the…

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Realised forex gain

Document Splitting in New GL in SAP: Document Splitting and realised foreign exchange loss/ gain

Overview SAP ECC newGL Document Splitting process supports certain “subsequent processes whereby the system transfers document splitting characteristics from the original process to the subsequent process”. Users are not required to configure any extended Document Splitting rules to split documents from subsequent processes. If subsequent processes post line item to cost centres, the system ensures that these cost centre relevant…

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replace the old

Can SAP ECC newGL replace your existing Special Ledger?

Overview One of the common question most customers ask me “Can SAP ECC newGL replace my existing Special Ledger?” However the answer to that question is far from simple. One needs to understand the purpose and design of the existing Special Ledger and map those to SAP ECC newGL features to be able to give a definitive answer. In this…

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