case study material ledger implementation (1)

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Material ledger case of studio

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R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Case Study: Cooper Tires SAP Material Ledger Implementation Lessons LearnedChris Crim, Cooper TireJohannes Le Roux, Jari Consulting 2013 ERP Corp. All rights reserved.R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Topics3Cooper Tire Strategy and Vision Implementation Options Lessons Learned at Cooper TireSpringboard to SAP Profitability and Cost ManagementSummary

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128

Cooper Tire Strategy and Vision

4Cooper Tire weighed the pros and cons of activating SAP Material Ledger as part of their initial SAP implementation or during a future rollout phase. In this session well cover:Why Cooper Tire implemented SAP Material Ledger as part of their initial SAP implementationLeveraging Material Ledger as a springboard to SAP Profitability and Cost Management softwareProper master data setup lessons learnedBest practices for configuring Material Ledger for long term requirementsFind out what Cooper Tire would advise companies embarking on this process including importance of understanding the impact on finance and non-finance process teamsR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128

Cooper Tire Implementation Timeline

52009: Cooper Tire made the decision to implement an ERP system Feb. 2010: SAP selectedAug. Oct. 2010: Blueprint/requirement gatheringRequirements gathering process led to decision to implement SAP Material LedgerOct. 2011: 1st Go Live was in the Mickey Thompson division (Sales & Dist.)Feb. Nov. 2013: 2nd Go Live in Cooper US (Mfg, Sales, Dist)2014 2015: 3rd 5th go lives in Cooper Mexico, Europe, & Asia (Mfg, Sales, Dist)

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Weighing the Pros and Cons of the SAP Material Ledger

SAP Material LedgerTraceability of Actual Material Cost by productPurchase Price VarianceBOM Usage VarianceProduction Usage VarianceCOGS at actual cost Traceability of production efficiency by productReport Standard & Actual Value of Inventory by productProduct level Profitability/Gross Margin Reporting without Intercompany Markup

6SAP Without ML /LEGACY NO Traceability of Actual Material Cost by productPurchase Price VarianceBOM Usage VarianceProduction Usage VarianceCOGS at actual costNO traceability of production efficiency by productNO Report Standard & Actual Value of Inventory by productNO Product level Profitability/Gross Margin Reporting without Intercompany Markup

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Material Ledger Implementation BasicsSupport externally calculated Double Extension LIFO Value Inventory in Multiple CurrenciesSupport Different Global Statutory Reporting requirement by Company Code (FIFO/LIFO)Actual Cost by Cost Component by productActual Cost of Material by ProductActual Cost of Labor by ProductActual Cost of Depreciation by ProductActual Cost of SalesActual Cost Component

7R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128

Material Ledger Implementation Basics (cont.)

During the accounting period all material movements are valued at a standard cost and recorded by material in the material ledgerPrice Differences (Variances) for each material movement are recordedAt the end of the period an actual cost (periodic unit price) is calculated for each material though out multiple levels of product produced Revaluation of Inventory and Cost of Goods SoldDistribution of usage variance is allocated to productRevolution of COGS

8R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 1288Cost PlanningProductionActual CostingProfitability AnalysisEvaluating master dataBill of materialsRoutingPlanned pricesPlanned activitiesPlanned yield Recording logistical information for controlling:ConsumptionsYield & scrapPurchasing & supplier invoicesActivities & time recordingRecalculating the value flow usingActual quantity structureActual activity recordingMulti-level value flowActual raw material pricesConsumption RevaluationDistribution of Usage variances

Reporting Costs and Contribution MarginsProduction costsSales RevenuesActual cost Component

DimensionsRegionsChannelsCustomersProduct Hierarchy

Streamlining the Cost ProcessSAP Material Ledger streamlined their cost process into a fully integrated process as seen below:9R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 1289Semifin.materialDistributioncenterSalesorderFinishedproductRawmaterialProductionorderCost center Production order1) Sale of Raw Material to the Production Profit Center within a Legal Entity2) Sale of Semi-Finished Good to Affiliated Company3) Use Semi-Finished Good in a production order and add value from activity in a cost center4) Transfer finished product to distribution center including actual cost2341

Streamlining the Cost Process (cont.)

10R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12811Integrate and align cost structure to reduce cost Provides global unit cost information across plants and legal entities providing an global transparent view of costs and variancesAnalytical information by scorecards, statutory reports, and performance analysis Provide accurate profitability informationMaximizes corporate profitability to grow market capitalization and shareholder valueIntegrate planning with a single model across the enterprise to improve organizational alignment and financial performanceProvide real-time information quickly

Material Ledger BenefitsR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Cooper Tire Value StrategyCooper Value Strategy Proposal If we had to do it again, we would use the following strategy

Currency / VisionalCompany code Currency Legal 10 Group / legal30Profit Center32Cooper Value Strategy Legal valuation Legal group valuationGroup valuation without markup Currency / VisionalCompany code Currency Legal 10 Group / legal30Group 31Why we would propose a different strategy:Less maintenance Only two cost roles Profit center valuation not needed not using profit center transfer price

12R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12812Define Individual Characterisitcs

13You cannot change the currencies, currency types and material ledger types after production startup

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Currency and Valuation Profile14

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128SAP Material Ledger Without Revaluation15

Cooper Implement Material ledger without revaluation

What Cooper did was used the accrual method but report the accrual as part of there inventory value in there balance sheet using an inventory direct posting accountR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128SAP Material Ledger Without Revaluation16Cooper implement SAP Material ledger without revaluationUsed the accrual method, but reported the accrual as part of their inventory value in their balance sheet using an inventory direct posting account

www.sap.com AC530 - Training actual costing/Material ledger

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128SAP Material Ledger Without Revaluation (cont.)17If you decide not to revaluate your materials with the actual price, the amount which would have been posted to the material stock account is posted to another price difference account using posting key LKWIt is up to you which account you choose for this posting

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Topics18Cooper Tire Strategy and Vision Implementation Options Lessons Learned at Cooper TireSpringboard to SAP Profitability and Cost ManagementSummary

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Two methods to implement the Material ledgerActivate Material Ledger to track material postingsAbility to do multi-currency inventory valuationRecording business transaction Structuring value chain direct product onlyActivate Actual CostingRevaluation of inventory based on actual costMulti level variance value chainGross margin analysis using both standard and actual cost

Implementation Options 19R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12819Pro sCons No migration needed activation of all plant for company at onceHigh level of Discipline needed when using material ledger Tracks variances across multiple product levels / plant and company codes Organization not ready for complicity and discipline needed Tracks purchase material price variances to finished products on the basis of consumption

Additional training required

Provides historical information on actual cost to facilitate the estimation of new standard costs from initial go-live

Ability to track multiple valuations and/or currencies at the material level

Ability to revaluate inventory on the basis of real cost calculation visibility of variances

Implementation as Part of Initial Phase20R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12820Pro sCons Low level of complexity after initial go-live Migration requirements Closing of all open production order Closing of all open purchase orderConversion and activation by plant No discipline and restrictions to change cost after initial go-live

Go-love migration long and slow process Faster closing process after initial go-live No historical information on actual cost to facilitate the estimation of new standard costs after initial go-liveOrganization do not have to deal with complicity and discipline after initial go-live

No ability to track multiple valuations and/or currencies at the material level after initial go-liveNo ability to tracks purchase material price variances to finished products on the basis of consumption after initial go-liveImplementation After Go live 21R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12821Cooper Tires Decision to implement Material Ledger

SAP Material LedgerTraceability of Actual Material Cost by productPurchase Price VarianceBOM Usage VarianceProduction Usage VarianceCOGS at Actual cost Traceability of Production efficiency by productReport Standard & Actual Value of Inventory by productProduct level Profitability/Gross Margin Reporting without Intercompany Markup

22SAP Without ML /LEGACY NO Traceability of Actual Material Cost by productPurchase Price VarianceBOM Usage VarianceProduction Usage VarianceCOGS at Actual cost NO Traceability of Production efficiency by productNO Report Standard & Actual Value of Inventory by productNO Product level Profitability/Gross Margin Reporting without Intercompany Markup

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Keep all companies with same valuation strategyStandard vs. moving average in Sales & Distribution companies Visibility Needed better visibility of variance analysis across production processes Better product cost Global product cost 1 time change managementBig Bang (kind of)Clean SystemNo open production order to delete and recreateNo open purchase order to delete and recreate

23Cooper Tires Decision to implement Material LedgerR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Topics24Cooper Tire Strategy and Vision Implementation Options Lessons Learned at Cooper TireSpringboard to SAP Profitability and Cost ManagementSummary

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Lessons Learned at Cooper Tire25Avoid those who only believe Material Ledger is difficult SAP trainers Sapphire sessionsConsultantsCooper Tire Accounting Managers OverkillActivity revaluationDistribution of usage variancesTrusting the resultsComplexityFocus on benefits and future capabilitiesLook at complexity/timeline/cost implementing ML in future

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Results/Gains from Implementing Material Ledger26Impact of PPV on specific tire line Actual cost to support LIFO calculationConsolidated location to see In/Out transaction by materialSee actual cost of inventory by cost componentInventory valuation visibility without inter-company markupAbility to see actual product line profitability without intercompany mark ups

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Results/Negatives from Implementing Material Ledger27Massive volume of dataIncreased time-to-close by at least 1 day maybe more as more plants go liveDistribution of usage variances extremely time consumingDifficult to validate the accuracy of the posting at a high levelDifficult for casual/non-users to comprehend

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Material Ledger Worth the Expense?28Yes Love the level of detail, tons of information!NoTakes too long, not worth the effortMaybe See the potential, cant wait for full rollout to be complete

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Cooper Tire Lessons Learned Make the final decision earlyQuality consultant/implementerConfigure for all potential long term requirementsMake decision what material will be includedActual costing Cost component structureUnderstand all ML componentIntegration: The impact that Material Ledger has on other processes/teamsProper master data setup/conversion Cutover/client setupsOngoing validation/maintenance

29R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Make The Final Decision EarlyImpacts Currency ProfilesBased on setup will impact costing processMaterial Master DefaultsCosting VariantsResourcesMake sure you have dedicated resources SMEs & Testing ValidatorsMake sure test cycles fit material ledger test requirements

30R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Quality Consultant/ImplementerClosely review experience Check referencesCheck results of prior ML implementationsContract through life of implementation and beyondMost issue happen 3-4 month after go-liveTraining cycle 3-4 months Process and discipline related Poor master dataPoor closing processes Poor monitoring processes

31R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Configure For All Potential Long Term RequirementsConfigure for Long Term NeedsCurrency profilesActual cost component splitLIFO / FIFOThe impact that Material Ledger has on other processes teamsOperationsInventory ManagementSales & DistributionBasis

32R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Cutover/Client Set Up33Cutover/Client Set UpDemand quite system during client start ups Open/close clients to change default setting on price determination during material load/extensionsEnsure cutover team understands impact of improper ML start upMaster Data SetupSolid process established prior to go liveImportance of status controlsProduct costing prior to material movements

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Ongoing Validation/Maintenance34Daily/weekly distribution of usage variancesSet up detailed validation templatePick a raw material and follow it through a saleSet up high level validation templateR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Resources35Do not underestimate the effort Cooper staffingOne lead business analystIncluded plant accountant in each implementation Learn the processUnderstand data flow and conversion One lead consultant Make that sure that he/she knows Material Ledger Due to conversion, support time ( 3 plus months) and training required it could require additional business analyst

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Topics36Cooper Tire Strategy and Vision Implementation Options Lessons Learned at Cooper TireSpringboard to SAP Profitability and Cost ManagementSummary

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Springboard to SAP PCM37Integrated transaction and analytics solutionsTotally integrated into transactional processing to PCMCooper Tire phase II to integrate with PCM

Profitability AnalysisCost PlanningProductionActual CostingEvaluating master dataBill of materialsRoutingPlanned pricesPlanned activitiesPlanned yield Recording logistical information for controlling:ConsumptionsYield & scrapPurchasing & supplier invoicesActivities & time recordingRecalculating the value flow usingActual quantity structureActual activity recordingMulti-level value flowActual raw material pricesConsumption RevaluationDistribution of Usage variances

Reporting PROFIT Production costsSales RevenuesActual cost Component

DimensionsRegionsChannelsCustomersProduct Hierarchy

Profitability&CostManagementReporting Costs and Contribution MarginsBeing totally integrated into transactional processingmaterials ledger makes ideal place for Calculating the direct cost of productTransferred to the profitability segment component and uploaded into SAP BOBJ & PCMCombining the strengths of the controlling components of SAP ERP with SAP BOBJ & PCM

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12838Profitability Analysis Ideal Staging AreaProfitability Analysis is an ideal staging area for:Capturing revenue and sales data at the customer and product level Furthermore, having functionality such as the materials ledger makes the controlling component the ideal place for calculating the actual direct cost of productsTransferred to the profitability analysis component and then loaded into SAP BusinessObjects Profitability and Cost ManagementCombining the strengths of costing and profitability reporting functionality provided a makes it easier to use the two solutions in tandem, enabling organizations to tailor a cost and profitability reporting solution to match their needsR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12839SAP Best PracticeIntegrate ECC, business intelligence and enterprise performance managementSAP BusinessObjects Profitability and Cost Management is the selected solution on the SAP product road map for delivering cost and profitability management These tools can also be used for detailed scenario modeling, such as assessing how changing the price of an individual product or the discount given to an individual customer impacts profitabilitySAP uses integration with enterprise performance management delivers true business performance optimization

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Topics40Cooper Tire Strategy and Vision Implementation Options Lessons Learned at Cooper TireSpringboard to SAP Profitability and Cost ManagementSummary

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Tracks purchase material price variances to finished products on the basis of consumptionProvides historical information on Actual Cost to facilitate the estimation of new Standard CostsAbility to track multiple valuations and/or currencies at the material level.Ability to revaluate inventory on the basis of real cost calculationEnables faster and more effective decision making to managementTracks variances Across Multiple product levels / plant and Company codes

Material Ledger Benefits

41R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12841CO-CCAMFG Cost CenterCO-CCAMFG Overead Cost CenterActivity typeBusiness ProcessProduction Orders Actual CC AllocationsActivity Price revaluationABC Template AllocationWIPVariancesDUV usage variance Actual Cost CalculationCO-PADocumentsActual CostComponentSplitFI-GLDocumentsRevaluationInventory COGSDuring the monthMonth endMonth end closing activity

Material Ledger Actual Costing

MMMovements Scrap/Cycle/TransferMaterial LedgerReceipts/ConsumptionPrice DifferencesSingle Level Price DeterminationMulti level Price DeterminationClosing Entries

PP-PO Production VariancesMM-PO Price Variance VariancesActual Cost Flow IntegrationActual Cost Flow Integration42R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12842Springboard to SAP PCM43Integrated transaction and analytics solutionsTotally integrated into transactional processing to PCMCooper Tire phase II to integrate with PCM

Profitability AnalysisCost PlanningProductionActual CostingEvaluating master dataBill of materialsRoutingPlanned pricesPlanned activitiesPlanned yield Recording logistical information for controlling:ConsumptionsYield & scrapPurchasing & supplier invoicesActivities & time recordingRecalculating the value flow usingActual quantity structureActual activity recordingMulti-level value flowActual raw material pricesConsumption RevaluationDistribution of Usage variances

Reporting PROFIT Production costsSales RevenuesActual cost Component

DimensionsRegionsChannelsCustomersProduct Hierarchy

Profitability&CostManagementReporting Costs and Contribution MarginsBeing totally integrated into transactional processingmaterials ledger makes ideal place for Calculating the direct cost of productTransferred to the profitability segment component and uploaded into SAP BOBJ & PCMCombining the strengths of the controlling components of SAP ERP with SAP BOBJ & PCM

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Resources44SAP Financewww.sap.com/solutions/business-suite/erp/financials/featuresfunctions/index.epxSCNwww.scn.comAC530 - Training actual costing/Material ledgerActuhttp://www.sap-press.com/al Costing with the SAP Material Ledger - Vanda Reis 2011 Edition R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 128Key Ideas45Avoid those who only believe ML is difficult Keep all companies with same valuation strategyMaterial ledger visibilityIntegrated across multiple level and company codes Variances included in all reporting One time change managementValue quantities of inventories with three different valuations Legal valuation, group valuation and profit center valuation

R 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12845QuestionsNow:Ask questions now for immediate answersLater:Johannes Le Roux - [email protected] Crim - [email protected]&AR 150G 140B 140R 213G 209B 209R 0G 176B 240R 292G 0B 0R 255G 192B 0R 234G 40B 57R 123G 167B 157R 146G 208B 80R 60G 61B 62R 7G 43B 12846Disclaimer

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver, Duet, PartnerEdge, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. ERP Corp is neither owned nor controlled by SAP.

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