Beruflich Dokumente
Kultur Dokumente
Controlling area is a self-controlled unit for costs and revenues o Red lines - Incoming costs from FI o Green lines - how do we move it around? (inside controlling) Take things from a cost center and move them out to a production order Profit center will be a reflection of all of the cost objects that are assigned to it o Cost object - Debits Increase, Credits Decrease cost in the objects
Arrow coming back down- P.O. (Temp cost object, where we capture cost associated with production) o When we are done with the P.O. we send the value of it back to finished goods inventory (FI)
Cost element acctg- the identity of what those costs are Two pieces of structure that are specific to controlling: operating concern & controlling area CLIENT OPERATING CONCERN (CO-PA) need to do profit. Analysis --no assignment, can have >1 if want, CONT. AREA CONT. AREA (a Cont. area is assigned to 1 and only 1 operating concern; can have many CCs) CO. OM , CO. PC, CO. PCA (profit ctr. Acting) C.CODE C.CODE C.CODE C.CODE --------S. ORG,Division, D.C Business Area Business Area Business Area Business Area Plant Plant SLOC Sales Area:
Cannot exist in controlling if it does not exists in FI 1. Example of a non-operating revenue a. Stocks, Interest revenue b. Interest revenue non operating revenue Know what cost is but need to know where it was actually incurred 2
**What things take place in: Operating Concern Controlling Area Managerial accounting - think of as a bucket of costs that you are responsible for
Buckets of Responsibility
FI
Primary are from financial accounting Secondary CElem used only by CONTROLLING o Move costs from one bucket to another bucket inside controlling Primary vs. secondary CElem: (Drawing T Accounts)
As long as they are in the stand. Hierarchy you can create an alternate group The standard is the largest standard hierarchy group we are going to have o o Contains all the copy centers across the campuses you have Controlling area can have 1 and only 1 standard hierarchy After creating hierarchy we must create a cost center
Cost center is an org. unit in controlling representing a clearly delimited location where costs occur (get incurred) o really is a piece of master data o where costs are incurred controlling area can have 1 and only 1 standard hierarchy 5
You can also CREATE A cost center o Use graphical tool o Or by going into master data Create a cost center: Initial screen ENG-20 dont use just do ENGR-20 the first time ENGR-20 Cost ctr. Is only valid if it exists from the beginning of the period (entire period) o Click Give name (Eng Services 20) Engineering Services Group 20 ** Required fields for cost centers (5) Hierarchy area, company code, cost center category, person responsible
Profit centers are where we mask costs and revenues o Havent assigned cost center to profit center? (1400 internal services) Dont have to but should be Click MASTER DATA o Cant create primary Cost element unless it exists in the GL first! o Create a cost center
You can create different activity types associated with the productive activities that are being carried out o Can associate a relationship value of the activity you are billing for Ex. (ENG21) in cost center (ENGR-21) value of $150.00 o Relationship between the activity type and the cost center that creates value Not the activity type itself Can copy an activity type from one that already exists! o Rather than re typing it all o Determine it manually
Asterisk to select all cost centers Create a relationship between the cost center and
R elationship between the cost center and activity type that cause value
**2 different kinds of statistical key figures Pete is in charge of acctg. Services it is the end of the period (need to assess) Purchasing doesnt bill for their time, at the end of per. They dont bear their own costs o How do you make the division? o How should he decide to pass out the costs incurred? Based on # of P.O.s created? No Based on values of purchase orders? No. No right answer; Have to figure out: what is best methodology that accurately represents how those costs should be incurred? *Statistical key figure Ex. o Best method for rent allocation sq. footage o Phones number of phones Why do we do cost center planning? o What is the value and what should the planned prices, OH costs, rates going to be o Capture planned personnel costs then pass HR costs to the appropriate cost centers o Are you going to do based on actual quantity / capacities? Where we gather all the costs and generate what planned activity costs are going to be
Relevant for controlling means: o Has operating cost or operating revenue (p.163) IF GL account has been linked to primary element you must tell it the cost object o Between FI to CO one sided entries o Move around in CO 2 sided entries (DR = CR) o Back over to FI one sided entries
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*cost center actual line items Highlight the line item and click magnifying glass to see doc. Double click shows the controlling doc used to create 2 separate docs created 1 for accounting and 1 for controlling
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-c
Statistical project, statistical order, and profit center Can ONLY be a Statistical object
Good issue to cost center decreases material inventory which results in a controlling issue taking place
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We created a relationship between our activity type o Relationship was worth 50 euro/hr. Now move costs out of this cost center and into another (the one that asked me to do work) 15
This is a distribution above ^ o Because the identity of costs remain the SAME in the receiver as it does in the sender Assessment o Do not want the identity of costs to remain the same (Accounting services) Assess costs out to 3 other cost centers What is MY specific benefit in the sender? o Use the assessment o Every segment of assessment has a secondary cost elem. That is used o You can see each specific assessment and know whose labor is whose Change identity so you can see where that cost came from
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Creating an Assessment
only need to create methodology once and can reuse every month
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Leave test run on for the first time -should have 1 sender and 2 receivers
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Do again, take test run off Does update run Doc number generated o Can now go into reports (information system->line items) Balance in the cost center is now 0.00 Should be able to go to cost center 4220 & 4230 and see End of next period Just add assessment cycle and it will run for the next period Can do many cycles w. many segments associated with it at once
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List examples of master data used in cost center accounting o Standard hierarchy o Cost center Place where costs are incurred Required fields*** know o screenshot o Activity types Productive output of a cost center Wage hrs., machine hrs., engineering svcs Create a relationship between activity type and give it value o Profit center Master data Statistical objects o Cost element 2 kinds Primary (1:1 relationship with GL) Secondary exists only in controlling to move costs around by changing ID of the cost o Statistical key figures Can all be GROUPED together Tracing factor that we used to allocate the costs
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Internal order- Temporary cost object where we want to capture the cost of some activity and settle it out to more than once receiver o Associate COGS o Investment order where we can build something o Ex. Putting in an SAP system o When done need to settle those costs out o It can settle out to an ASSET Accrual order o Accrue the expenses associated then profit out to a profitability segment at a later point Orders with revenue o You can assign revenues to a particular order o When done level it out to (ex. Another order with revenue)
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Click control data tab o You can create temp buckets but not all months open yet to receive costs - End of the use of the bucket, can change status to complete then closed Once settled out, no one can put any more costs into it o Status that allows us to RELEASE it o No one can post costs into it until released - Once released button changes to Tech. comple
Once technically complete it is now closed then you can archive to system Once saved it creates a piece of master data Once # is used cannot use it again until archived from the system o Can set back to released if you want to go back o Can specify how you want to settle the order out 23
Will say no profit ctr assigned yet** need to assign one Commitment Management levels
o o
Purchase req. level (a request for something) Purchase order level (a legally binding unit between you and vendor)
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Also ability to create second settlement, secondary cost elements (assessment) o Use settlement cost element Controlling allocation methodology o Specifies what kind of costs use which cost elements
Settle an Order
Error**make sure you set to right PERIOD We are in period [5] for May When moving from one object to another object o The controlling doc. Takes out of order and puts into profit center 26
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*when calc. the cost element it is based on cost component, cost pricing, itemization 28
Or can do cost est. without quantity structure Material- R-F121, Plant1000, 5/8/2013 press enter and it goes through part numbers to cost the material (bottom of screen,left) Is fixed cost standard cost? Costing lot size is 100 fixed gets spread across all of them When create mater. Used fixed lot sizing, easy if done same Lot for lot need 30 make 30, etc. Dont want costing based on one and avoid driving up stand. Cost Need to change the lot size (create material cost estimate with quantity structure) o Saves money that way because you spread setup cost across (100) items Save itemization in log? Can drill back into it from Material master o o o
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Batch processing o deals with creating things in batches so they can be traced back Ex. Peto- tubes on the plane need to be traced back to the ore from which mine Ex. Mixing paint and getting same color Marking it makes it a future estimate o Go to price update CC 1000, plant 1000, material R-F120 Can do for multiple plants or products; update groups at a time Can click on material, go to Costing 2 screen and see that it is updated and now there is a future estimate Accounting 1 should show total stock of 0 After marking want to RELEASE to become current estimate Click release instead of marking o On costing screen curr. Est is now future one o Future est. is now current one Also creates an accounting document Revaluation of inventory can show either a gain or a loss (No inv. Doesnt impact our balance sheet)
**TEST Know about the quantity structure being a BOM & routing **What happens--When creating an estimate, making an estimate and releasing and estimate?
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Can create however we want to o Master data ; areas of responsibility o Can generate BS and IS at the profit center level Think of as little companies inside our big company
INTERNAL view o Based on areas of responsibility Assign ASSETS to profit centers Can look at ROE, ROA, varietyetc. o Assign sales orders to our profit centers *purely a statistical object
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Can get profit center report list -select actual Line items See all items posted in class to a particular profit center -drill down in to actual postings that created it
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In order to do this you must have an OPERATING CONCERN (for prof. analysis) o An external look at the market segments of our enterprise o Anything we consider structures or master data assoc. with segments o Create a sales order, it connects to a profitability segment Profitability analysis o Can turn how you want to look at how we did (profit. Perspective) o Based on profit segments Find out est product group, region
**Run a REPORT, go to master data (characteristic values based on profitability segment) Operating concern in exercise: IDEA
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Using period 5not much data from 2013.. Go back to ex. 2006 to actually see the data and look at the variance -play around with the report and see what he means by characteristics and value fields
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