General Ledger Account settings for the New Deferred Tax Program
Paul Ovigele, Ovigele ConsultingDeferred tax is a requirement in certain countries, whereby the Value Added Tax (VAT) is not applied to an invoice until a certain trigger-point, which is usually at the...
View ArticleReversing CO-PA documents
Paul Ovigele, Ovigele ConsultingThe Controlling Profitability Analysis (CO-PA) module is one that inherits most of its actual data from other modules. Transactions which are made from modules such as...
View ArticleMaking Subsequent postings to CO-PA from other Modules
Paul Ovigele, Ovigele ConsultingIn my previous blog, titled “Reversing CO-PA Documents” I wrote about how you can cancel documents in the CO-PA module alone. This is normally needed either when you...
View ArticleUnderstanding the 'Not Distributed" and "Not Included" lines in the Material...
Paul Ovigele, Ovigele ConsultingMaterial Ledger’s actual costing functionality is great tool for determining the actual cost of a material on a periodic basis. For those of you who use it, you probably...
View ArticleUsing the Value Flow monitor to analyze Material Ledger differences
Paul Ovigele, Ovigele ConsultingIn my previous blog, I spoke about the possible causes of the “Not Distributed” and “Not Included” lines in the material ledger. A great tool that can be used to analyze...
View ArticleHow to Make Profit Center Adjustments in the New General Ledger
Paul Ovigele, Ovigele ConsultingA question that has been posed to me a few times is how one makes profit center adjustments when New G/L has been activated. For example when certain postings have been...
View ArticleUsing Assessment and Distribution Cycles in the New General Ledger
Paul Ovigele, Ovigele ConsultingWhen you hear the term “Assessment” or “Distribution” in SAP, you usually think of the allocations that are made in the Controlling module, typically between cost...
View ArticleLet the System Calculate your Activity Rates Automatically
Paul Ovigele, Ovigele ConsultingThe decision to enter activity rates manually or let the system calculate them, normally varies in different organizations. Some users prefer calculating the rate...
View ArticleSetting up Automatic Activity Price Calculation
Paul Ovigele, Ovigele ConsultingIn my previous blog “Let the system calculate Your Activity rates Automatically”, I discussed the options available for calculating activity rates in the system and the...
View ArticleTransporting Overhead Rates
Paul Ovigele, Ovigele ConsultingProduction overhead rates can be used to calculate the cost center costs that are not reflected in the activity rates. They can be calculated on a percentage or quantity...
View ArticleValuated Goods receipt with Multiple Account Assignment
Paul Ovigele, Ovigele ConsultingEnabling ‘multiple account assignment’ functionality is very useful as it enables you to split an individual line on a purchase order or purchase requisition into...
View ArticleRevamping the format of your classical reports
Paul Ovigele, Ovigele ConsultingClassical reports are the rigid two-dimensional reports, which cannot be sorted, filtered, subtotaled or easily downloaded. Basically, what you see is what you get...
View ArticleConfiguring a Vendor Account for Automatic VAT Transfer Postings
Paul Ovigele, Ovigele ConsultingThe input and output VAT taxes are set up in transaction FTXP and hold the rates that will be applied to the respective documents. The input tax code can be applied on...
View ArticleActivating Profitability Analysis for Sales Orders
Paul Ovigele, Ovigele ConsultingControlling Profitability Analysis (CO-PA) allows you to analyze the profitability of your organization according to various internal and external characteristics. For...
View ArticleSetting up HST Tax for Canada
Paul Ovigele, Ovigele ConsultingHarmonized Sales Tax (HST) was made effective for certain Canadian Provinces on July 1st 2010. This tax is a combination of Goods and Services Tax (GST) and Provincial...
View ArticlePosting Travel Expenses Automatically to Financial Accounting
Paul Ovigele, Ovigele ConsultingThe travel management module allows you to record your travel expenses in the SAP system as “Trips”, and with the proper approval, allow them to be settled to the...
View ArticleMaking Partial Payments using the Automatic Payment Program
Paul Ovigele, Ovigele ConsultingWhen using the automatic payment program to make payments to vendors, the normal procedure is for the system to select all the vendor items that you have set in your...
View ArticleUsing Profit Center Substitutions with SAP General Ledger
Paul Ovigele, Ovigele ConsultingEver since profit center accounting has been integrated with the SAP General Ledger, there has been some confusion about which classic PCA transactions can still be...
View ArticleWhat's changed in profit center accounting with SAP General Ledger?
I recently moderated a web forum with Reporting & Analytics 2011 speaker Paul Ovigele on October 13 on changes that have come about with profit center accounting and the SAP General Ledger. For the...
View ArticleWhat Should the Segment Field be used for in the SAP General Ledger?
Paul Ovigele, Ovigele ConsultingSo you are considering using the SAP General Ledger (formerly known as the New General Ledger, or New G/L) and you want to know how some of the new characteristics such...
View ArticleSecondary Cost Element Reporting in SAP General Ledger PCA
Paul Ovigele, Ovigele ConsultingDuring my live Q&A session on last week “What’s changed in Profit Center Accounting with SAP General Ledger?”, I was asked a great question by two of the attendees...
View ArticleExcluding Specific Cost Centers from Cost Center Reports
Paul Ovigele, Ovigele ConsultingThe cost center accounting module has several great reports that can be used to analyze the plan, target and actual costs, broken down by cost elements in a particular...
View ArticleIntegrating Secondary Cost Element Planning in SAP General Ledger
Paul Ovigele, Ovigele ConsultingIn my previous blog, titled “Secondary Cost Element Reporting in SAP General Ledger PCA” I discussed how you could run reports in the SAP General Ledger which include...
View ArticlePassive document splitting in the SAP General Ledger
Paul Ovigele, Ovigele ConsultingIn my upcoming session “Accelerate local and global financial closes and period-end reports with improved integration between profit center accounting and the general...
View ArticleUsing Drilldown Reports with the SAP General Ledger
Paul Ovigele, Ovigele ConsultingOne of the topics that I will be covering at the Reporting and Analytics Conference is on the use of drilldown reports to enhance your financial statement reporting....
View ArticleDefining Business Transaction Variants in the SAP General Ledger
Paul Ovigele, Ovigele ConsultingDuring my session “Accelerate local and global financial closes and period-end reports with improved integration between profit center accounting and the general ledger”...
View ArticleUsing WBS Element as a Document Splitting Characteristic
Paul Ovigele, Ovigele ReportingA question that came up both during my Q&A session last month and my presentation in the Reporting & Analytics conference concerned the use of characteristics...
View ArticleSetting up Real-time Integration of EC-CS and the General Ledger (Part 1)
Paul Ovigele, Ovigele ConsultingIf you plan to consolidate your financial reports within the SAP ERP system, the only option that you have is to use the Enterprise Controlling Consolidation System...
View ArticleSetting up Real-time Integration of EC-CS and the General Ledger (Part 2)
Paul Ovigele, Ovigele ConsultingIn my previous blog, I described one of the steps needed to perform real-time integration between the Enterprise Controlling Consolidation (EC-CS) module and the general...
View ArticleReconciling CO-PA with Financial Accounting (Part 1)
Paul Ovigele, Ovigele ConsultingOne of the biggest issues that accountants have with the Controlling Profitability Analysis (CO-PA) module, is that is not easy to reconcile it with the Financial...
View ArticleReconciling CO-PA with Financial Accounting (Part 2)
Paul Ovigele, Ovigele ConsultingA few of the areas that you can expect to see reconciliation differences between the Financial Accounting (FI) module and the Controlling Profitability Analysis (CO-PA)...
View ArticleAssigning SAP Queries to Transaction Codes
Paul Ovigele, Ovigele ConsultingSAP Queries can be accessed directly by going to transaction SQ01 and executing the relevant query. Some companies, however, do not like to give users access to this...
View ArticleSetting up Statistical Orders for Project Monitoring
Paul Ovigele, Ovigele ConsultingThere are basically two main ways of tracking projects in SAP – by using WBS Elements in the Project System (PS) module, and using internal orders in the Controlling...
View ArticleDeriving Partner Functions Correctly in CO-PA
Paul Ovigele, Ovigele ConsultingAn area which normally causes confusion in CO-PA is where a derivation needs to be made for a partner function. For those who do not know what a partner function is, it...
View ArticleInheriting Characteristic Values in CO-PA
Paul Ovigele, Ovigele ConsultingIn my previous blog, I describe how you can derive a partner function from the header or line item level of a sales order. The CO-PA characteristic that is used as a...
View ArticlePosting Planned Delivery Costs to a Separate Vendor
Paul Ovigele, Ovigele ConsultingDelivery costs such as freight, customs, duty, and so on, can be planned on a purchase order so that an accrual is created when that order is goods received. This...
View ArticleUploading Additive Costs En Masse
Paul Ovigele, Ovigele ConsultingAdditive costs are extra costs that are added to a material’s cost estimate which are not calculated through the system. They are used in addition to the costs that are...
View ArticleSetting a Tolerance Limit when Maintaining the GR/IR Account
Paul Ovigele, Ovigele ConsultingIn most companies the Goods Receipt/Invoice Receipt (GR/IR) clearing account is the most difficult to manage due to the number of lines that are posted to it. For this...
View ArticleUnderstanding Bank Statement Posting Rules
Paul Ovigele, Ovigele ConsultingThe posting rules for Bank Statement processing have been around for over a decade, but I find that there are still a lot of people (consultants and end-users alike)...
View ArticleUsing Translation Keys in Drilldown Reports
Paul Ovigele, Ovigele ConsultingDrilldown reports have become more widespread with the latest versions of SAP ERP. What used to be available only for management reports in the Controlling Profitability...
View ArticleUsing Translation Keys in Drilldown Reports (Part 2)
Paul Ovigele, Ovigele ConsultingThis is a continuation of my previous blog, in which I describe how you can use translation keys for foreign currency conversion in drilldown reports. This functionality...
View ArticleCurrency Translation for Cost Center Reports
Paul Ovigele, Ovigele ConsultingThe cost center reports in SAP are normally displayed in Controlling Area currency. This means that if you have several company codes that have different currencies but...
View ArticleAssigning Personnel Numbers to Vendor Accounts
Paul Ovigele, Ovigele ConsultingIf you use the Travel Management module, then you probably know that in order for employee expenses to be posted to financial accounting, the personnel numbers of the...
View ArticleEnsuring That the Appropriate G/L accounts are Entered in Purchase Orders
Paul Ovigele, Ovigele ConsultingWhen purchase orders are entered in the standard SAP system, the general ledger account that is posted to is derived in the below ways:(1) If it is a purchase of...
View ArticlePodcast: Paul Ovigele Discusses Cost-of-Sales Reporting and Financial...
In a brief interview with Andrea Haynes, group editor of SAPexperts, Paul Ovigele, a Financials Expert advisor and author of the SAP PRESS book 100 Things You Should Know About Financial Accounting...
View ArticleWhat EHP5 means to your Finance team: Q&A with SAP financials expert Paul...
EHP 5 delivers a lot of new functionality – but what will bring the biggest improvements for your Financials team?I was pleased to have SAP financials expert and Financials 2012 speaker Paul Ovigele...
View ArticleDisplaying Prior Year Balances after a New GL Migration
By now, everyone knows about the New GL, which is now called the “SAP General Ledger”. By the way, who else finds the term “SAP General Ledger” confusing, since this term could also refer to the...
View ArticleAn SAPinsider Online Chat with Paul Ovigele
KM: Hi this is Ken Murphy with SAPinsider, and I’m pleased to be joined by SAPexperts advisor Paul Ovigele. Paul has been a popular speaker at the SAPinsider Financials conferences, and he’s a favorite...
View ArticleCharting Your Course in 2014: SAP ERP Financials
In this podcast, featured speaker and author Paul Ovigele reviews the major 2013 trends in SAP ERP Financials, and what SAP finance users should be looking for in 2014.Transcript of the...
View ArticleCharting Your Course 2015: Paul Ovigele on SAP Financials
Paul Ovigele, CEO of Ovigele Consulting, joins SAPinsider's Ken Murphy to discuss the year in SAP Financials. Ovigele offers his perspective on what's important to know about SAP Simple Finance. Topics...
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