Top 5 SAP Tips to work efficiently

riyap0312 — Fri, 21 May 2021 06:33:33 GMT

In this series, I would like to present a bunch of quick 20 Tips related to FI/CO/AA that may come handy to you. I can't claim you will find all of them to be new, but there will be something for everyone, to a great extent and also we can learn by SAP Ariba training

Tip -1

Steps to activate Budget Check for assets (without IM)

Activate order management in controlling area
Activate commitment management in controlling area & Order type
Enable Budgetary control in Internal Order
Create statistical IO with “Object class – Investment”
Assign the statistical IO in asset master in the “Origin” Tab – “Investment Order” Field
Create asset recon account as statistical cost element (Category 90)
The FSG of asset recon account must allow IO (OBC4)
Activate the investment order as the additional account assignment object for asset acquisition (ACSET)
Enter budget for the statistical internal order (KO22)

Tip -2

Settle Production Variances by Cost Component Structure in COPA

Create PA Transfer Structure with as many assignments as Cost Components in Cost Component Structure
Choose the Option “Costs / Revenues” in each assignment, instead of “Variances”
Assign each assignment to a different value field

Traditionally, variances are settled to COPA as per Variance Categories. But this is also an interesting way of doing the Variance Settlement

Tip -3

Track Origin line items of an AUC asset

Activate “Settlement By Cost Element” in the Allocation Structure
Assign the Allocation Structure to Settlement Profile of the Internal Order and the Co. Code
Use Program RAHERK02 to see Origin line items

Tip-4

Display Cost Center Accounting and Internal Order Accounting reports in Multiple Currencies

Using RPC0 and RPO0 respectively, you can switch between Controlling Area currency and Object Currency (Co. Code Currency)
These settings are per SAP User

Tip-5

Down Payments in Asset Accounting

To avoid capitalizing the asset at the time of Down Payment, modify the TTY 180 and remove the check “Capitalize FA”.
However, once the Asset GR is posted and Asset is capitalized, Depreciation will be calculated on Down Payment amount + Asset Value. This continues till the time Down Payment is cleared
To avoid these issues, you can avoid updating Down payment in Asset Accounting as below

Create a new FSG for Vendor recon accounts (OBC4) in which Asset is SUPPRESSED
Modify Message F5 378 to W (OBA5)

topic Top 5 SAP Tips to work efficiently in Integration and Testing

Top 5 SAP Tips to work efficiently