If you run management accounting in SAP S/4HANA, this is the user guide you need! Start with the Universal Journal basics, and then set up your organizational structures and master data. Walk through your routine transactions, from performing overhead cost controlling to settling manufacturing costs and beyond. Work with new features such as universal parallel accounting, and perform margin analysis for sales, customer projects, and services. With details on intercompany scenarios, reporting, and more, this is your all-in-one controlling resource!
In this book, you'll learn about:
a. CO Fundamentals
Discover merged financial and management accounting in SAP S/4HANA with the Universal Journal. Get to know relevant organizational structures and set up key master data, from cost elements to activity types to market segments.
b. Tasks and Transactions
Master the core controlling activities you need for your workday. Follow click-by-click instructions to calculate overhead, perform costing runs, analyze profitability, and more. Use both the classic SAP GUI user interface and key SAP Fiori apps for your business transactions.
New and Improved CO
Get up to speed with modern management accounting. See how universal parallel accounting impacts controlling tasks. Learn about new management reporting insights and features like event-based revenue recognition and advanced service execution.
Highlights include:
1) Organizational structure
2) Master data
3) Universal parallel accounting
4) Overhead costs
5) Manufacturing costs
6) Margin analysis
7) Event-based revenue recognition
8) Customer projects
9) Service management
10) Investment controlling
11) Intercompany scenarios
12) Reporting
c. New and Improved CO
Get up to speed with modern management accounting. See how universal parallel accounting impacts tasks such as cost assignment, activity allocation, and settlement. Enhance your margin analysis with event-based revenue recognition and advanced execution.
Janet Salmon is the chief product owner for management accounting at SAP SE and has accompanied many developments to the controlling components of SAP ERP Financials as both a product and a solution manager. She regularly works with key customers and user groups in the United States and Germany to understand their controlling challenges and requirements. Her role is to design and implement innovative controlling solutions with SAP's development teams in Germany and China. She is the author of SAP PRESS books Controlling with SAP S/4HANA: Business User Guide, SAP S/4HANA Finance: The Reference Guide to What's New, and Controlling with SAP ERP: Business User Guide.
Stefan Walz is chief business process achitect for SAP S/4HANA financials at SAP. He has more than 30 years of SAP financials experience through his work in consulting and financials development. He is co-inventor of the Universal Journal-based management accounting and event-based revenue recognition. Today, Stefan is responsible for the process integration of customer projects, service management, and sales into SAP S/4HANA financial accounting.
