John Jordan

SAP FICO Controlling Expert for over 20 years | Bestselling SAP Author | Please contact me for any SAP questions

[John Jordan @erpcorp]

What is SAP #ProductCostControlling

#ProductCostPlanning - based on PP Master Data and Prices
#CostObjectControlling - based on Production Order costing
#ActualCosting / Material Ledger - based on Material Movements

#johnjordan ERPCorp Janet Salmon
Pic…https://t.co/aFHZvaJOR5

[John Jordan @erpcorp]

What is transaction #OBYC in SAP

You assign GL accounts to #MMFI movement types with OBYC
Without access to OBYC, you can display the GL accounts
With transaction SE16N and Table T030

See link in comments for details

#JohnJordan ERPCorp #s4hana #Automa…https://t.co/smmpv4GTyl

[John Jordan @erpcorp]

What is an SAP #InternalOrder

A temporary cost object for short-term internal projects or events
You settle the costs at month-end to a cost center, then assess to CO-PA

You can create a statistical order for reporting only, which doesn't settle
A cost…https://t.co/52aXYr9pOH

[John Jordan @erpcorp]

Get your SAP books signed at the SAP Controlling 2023 Conference Sept 17-19th.
See the conference link in comments. Rogerio Faleiros - SAP CO #s4hana
#JohnJordan Paul Ovigele Anand Seetharaju, CPA, CMA Marjorie (Margie) Wright https://t.co/gw5qPH3Eek

[John Jordan @erpcorp]

Featured Speaker
Carsten Hilker is former global solution manager for SAP #CentralFinance. Carsten is presenting Central Finance is the Key S/4HANA Deployment Option for Multi-ERP SAP Customers at SAP Controlling Financial 2023 Conference Sept 17-19 in Sa…https://t.co/pb75fbGZ3u

[John Jordan @erpcorp]

#ThankYou so much to every one of my 36,000 followers! You inspire me every day with your keen interest and participation in my posts

Happy 4th July Sale: Don't Miss Out Early Bird Discount. Save $1,000 Ends Soon!
See link in comments

#grateful #JohnJo…https://t.co/dNujo3mtGD

[John Jordan @erpcorp]

What is #GRIR #s4hana

You match #InvoiceReceipt IR qty/price with #GoodsReceipt GR qty/price

So you post accurate payment for the goods you receive

At month-end, you reconcile the following:

1. #PurchaseOrder PO
2. Receive goods qty/price - post to GR…https://t.co/FKDwjyPrwd

[John Jordan @erpcorp]

What is #sap #EventBased processing?

A #GoodsIssue to a production order triggers a material overhead, and
A #Confirmation triggers a production overhead immediately

Is it available now
Yes, with SAP #s4hana 2022 & #UniversalParallelAccounting

See blo…https://t.co/2Ypa83BnkV

[John Jordan @erpcorp]

Employees stay when they are:

#JohnJordan https://t.co/OxrIIC46lr

[John Jordan @erpcorp]

Independence Day Sale use coupon code APVAS15 for 15% off today!

Learn SAP Product Costing in #s4hana from the experts in two days
Pick up your copy now: Click the book link in comments

#JohnJordan Janet Salmon SAP PRESS https://t.co/N8DZMNilGB

[John Jordan @erpcorp]

What is SAP #Subcontracting

A vendor manufactures for you

Because you're busy and need more capacity
You want to avoid manufacturing it
You want a vendor to manufacture it in another country
Many other possible reasons

You send components to the SC ven…https://t.co/PPcn3hFzbO

[John Jordan @erpcorp]

What are SAP #CostComponents

They group costs by origin: #material, #labor, #overhead
By account rolled up from the lowest level

You view plan cost components with #CostEstimates
View actual cost components in #MaterialLedger #ActualCosting
You configur…https://t.co/gDOsrLiYWx

[John Jordan @erpcorp]

I’m excited to share that I’ve obtained a new certification: SAP PLM Product Lifecycle Management for Discrete Industries (Update Q2/2023) from SAP!
See the verification link in the comments.

One of the many interesting features of PLM is the #DigitalTwi…https://t.co/WolXBJkFqa

[John Jordan @erpcorp]

How to create an SAP #InternalOrder budget

You maintain a budget profile with transaction OKOB

Enter an order budget with transaction KO22
You enter a budget supplement with transaction KO24
Availability Control allows you to control expenditure

Intern…https://t.co/ZdRQRIFBv1

[John Jordan @erpcorp]

#VarianceAnalysis in SAP #s4hana What's New

#WorkCenter and #Operation are included in the #UniversalJournal

You display them with #FioriApp: Production Cost Analysis ID F1780
See blog link in comment for details
Comment with the apps you use

#JohnJo…https://t.co/oCMjzc8taA

[John Jordan @erpcorp]

I’m excited to share that I’ve obtained a new certification: SAP PLM Product Lifecycle Management for Discrete Industries (Update Q2/2023) from SAP!

See the verification link in the comments.

One of the many interesting features available with PLM is th…https://t.co/naB40kdMW0

[John Jordan @erpcorp]

What is #OBYC in SAP

You assign FI GL accounts to #MMFI movement types with transaction OBYC
If you don't have access to OBYC, you can display the GL accounts
With transaction SE16N and Table T030

See link in comments for details

#JohnJordan ERPCorp #s…https://t.co/kyZLqjtnNb

[John Jordan @erpcorp]

Great networking at the first EvoNexus event in three years at Qualcomm campus

Don't miss out on the great networking at SAP Controlling 2023 conference
Link in comments #JohnJordan JP Galido @deepaksd https://t.co/kQ6G5QmkEL

[John Jordan @erpcorp]

What's the difference between SAP #plan and #budget

You record a detailed #plan by cost element & monitor actual spend
You can plan on many SAP CO objects, such as cost centers

A budget allows you to monitor and #control funds
You can budget on #Interna…https://t.co/fxV1H1C5HA

[John Jordan @erpcorp]

What is #SAP #Subcontracting

A vendor manufactures for you
Because you're busy and need more capacity, or
You want to avoid manufacturing it, or
You want a vendor to manufacture it in another country
Many other possible reasons

You send components to th…https://t.co/lK12Jc85Ks