Demystifying SAP Material Types: What They Are and Why They Matter..
Categories Materials Management SAP ERP
What is a Material Type? A material type in SAP is a classification that defines how materials are…
SAP Product Costing: Key Concepts, Calculation Methods & Terminology
Categories Finance and Controlling SAP ERP
Product Costing is the process of determining the total cost to produce a product. This includes all expenses…
SAP Cost Distribution and Assessment: A Simplified Example
Categories Corporate Finance Finance Finance and Controlling
In SAP Controlling (CO), cost distribution and cost assessment are crucial processes for allocating costs accurately across various…
What is cost of goods manufactured (COGM)?
The cost of goods manufactured (COGM) includes direct materials, direct labor, and manufacturing overhead. For example: Direct materials:…
S4HANA Financial Accounting Certification Tips
Categories Exam
The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA)" certification exam verifies that…