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ERPCorp SAP FICO Blog
- Category: Blog
- Hits: 36
Before diving into advanced topics like the Material Ledger and Actual Costing, every SAP professional must first understand the fundamentals of Product Costing. Without a solid foundation in how standard costs are created and managed, it’s impossible to successfully implement or analyze actual costing results. This session provided a deep look at the building blocks of SAP Product Costing—from master data and configuration to cost estimates and the logic behind valuation variants.
This blog is based on a presentation by Dawn Watts at the SAP Controlling Conference.
Read more: Introduction to SAP Product Costing – A Foundational Jump Start
- Category: Blog
- Hits: 78
Product costing in SAP can feel complex, but the core logic is simple: establish a standard cost, record actual activity as work progresses, and analyze the variance. Every step—issuing components, booking labor, confirming machine time—creates a journal entry. If you understand those postings and how they flow, you’ll capture the right signals without losing critical information.
This blog is based on a presentation by Richard Russman at the SAP Controlling Conference.
- Category: Blog
- Hits: 56
In SAP Controlling, cost allocation has always been fundamental. It’s the process of fairly distributing indirect costs—expenses that can’t be directly tied to a product, service, or project—across cost centers, profit centers, or business segments. These allocations ensure accurate product costing, meaningful profitability analysis, and compliance with financial reporting standards such as US GAAP, where shared costs must be absorbed into inventory valuations.
This blog is based on a presentation by Chintan Joshi at the SAP Controlling Conference.
Read more: Universal Allocation: March Towards Optimizing the Universal Journal
- Category: Blog
- Hits: 71
In SAP Controlling, cost components may seem like a technical detail—tucked away in the configuration layers of the system. But in reality, they are one of the most critical design elements in both product costing and cost center accounting. As the presenters emphasize, getting them right from the start is essential. If the structure is mis defined, it will affect everything downstream—from activity prices to margin analysis—creating headaches that ripple through your entire cost flow.
This blog is based on a presentation by Marjorie Wright & Rogerio Faleiros at the SAP Controlling Conference.
Read more: The power and purpose of cost components in S/4HANA Controlling
- Category: Blog
- Hits: 206
If you’ve ever felt that SAP reporting lives “somewhere else”—in spreadsheets, data lakes, or BW—you’re not alone. Many teams still export data because traditional reports can feel fragmented or too technical. Embedded Analytics in SAP S/4HANA changes that by putting trustworthy, drillable insights right where you work. And with the new Review Booklets, the experience becomes faster, more guided, and easier to adopt across finance and controlling.
This blog is based on a presentation by Sebastian Doll at the SAP Controlling Conference. Sebastian is the Head of Product Management for Management Accounting and Revenue Recognition at SAP Cloud ERP.
Read more: Unlock the Power of Embedded Analytics with Review Booklets
- Category: Blog
- Hits: 251
Implementing the Material Ledger (ML) in SAP S/4HANA isn’t a one-step switch—it’s a journey. Presenters, Rogerio Faleiros, and Dawn Watts explain the steps: crawl, walk, run, fly.
Whether you’re taking your first steps toward understanding how Material Ledger fits into your finance and controlling landscape, or preparing to unlock the power of Actual Costing, the journey is both challenging and rewarding.
Read more: Mastering the Material Ledger Journey in SAP S/4HANA
- Category: Blog
- Hits: 429
Many finance and IT teams are eager to capture the benefits of S/4HANA. But timing, budget, and competing priorities can often delay a full migration. The good news is you can bring a surprising amount of S/4HANA value into ECC right now.
Below are ten practical moves drawn from real-world projects to help you modernize, de-risk, and buy time without waiting.
This blog is based on the keynote presentation by Paul Ovigele at the SAP Controlling Conference.
- Category: Blog
- Hits: 227
In the evolving world of precision manufacturing, Intuitive Surgical stands at the forefront of innovation. Based in the San Francisco Bay Area, the company has transformed modern healthcare with robotic-assisted, minimally invasive surgery systems. These advanced technologies enable surgeons to perform complex procedures with unprecedented precision—reducing complications, improving recovery times, and redefining what’s possible in human surgery.
But innovation at Intuitive Surgical isn’t limited to the operating room. Behind the scenes, its finance and manufacturing teams are equally committed to advancing efficiency and transparency—especially when it comes to cost management. This case study explores one such example: how the company used SAP’s standard functionality in a creative way to meet a unique business requirement for manufacturing cost analysis using a COGS (Cost of Goods Sold) split.
This blog is based on a presentation by Anind Debnath at the SAP Controlling Conference.
Read more: Case Study: Insights to Manufacturing Cost Analysis with COGS Split
- Category: Blog
- Hits: 601
Central Finance (CFIN) lets organizations adopt S/4HANA Finance capabilities without disrupting their existing ERPs. Introduced around 2015 and steadily matured since, CFIN acts as a hub: it replicates financial postings from multiple SAP and non-SAP systems in near real time, enabling unified reporting, central processes (e.g., central payments), and a staged modernization path. While architecture and replication matter, master data is the make-or-break factor. Here’s a practical guide to getting it right.
This blog is based on the presentation by Anand Seetharaju at the SAP Controlling Conference.
Read more: Effective Strategies for Master Data Management in Central Finance
- Category: Blog
- Hits: 217
Finance professionals have long relied on Excel to manage journal entries, reconciliations, and financial reporting within SAP. While Excel remains indispensable, the challenge has always been bridging the gap between this familiar tool and the complexities of SAP’s data structures. With insightsoftware’s automation approach, finance teams can streamline manual tasks, accelerate the month-end close, and gain true ownership of their data—no IT dependency required.
Read more: From Manual to Automated: Eliminating Excel Dependencies in SAP Financial Reporting
