Cost Management and Profitability Analysis (I) Baseline

Accelerator

a unique Financial Statement Version (FSV) to support financial planning and analysis.

scope item covers profitability analysis and reporting (normally performed after the period-end close process is completed).

scope item covers transaction-based actual postings that are used in overhead cost controlling. The purpose of overhead cost controlling is the planning, allocation, control, and monitoring of overhead costs.

Commitment management is part of the cost monitoring process. Commitment items for projects are triggered by material purchase requisitions and purchase orders and are reduced by goods receipt and other business transactions.

scope item supports scenarios where a project accounting structure is created as basis to record project costs and project execution. Project-related purchasing, financial activities, and period-end closing activities can be performed and monitored.

process enables you to update standard costs for products as part of annual operations planning.

scope item supports annual planning by redistributing the cost through predefined allocation cycles. Sender/receiver rules are defined by fixed amount and percentage within a specific company code.