25 November 2006 |

I have been involved in SAP Implementation for a couple of years and I have seen the best companies implement SAP and they don't regret.

SAP offers the best in management accounting and I could not resist promoting the best ERP solution


Overhead management

  • Automatically assign simple and complex costs to cost centers, internal orders, or business process in a structured, traceable manner
  • Leverage best practice cost-accounting methodologies for deeper insight into variances, capacity and absorption models
  • Improve the accuracy of internal job costing
  • Complete variance analysis to understand cost overages
Activity-based costing

  • Use template allocations to easily execute complex allocations
  • Leverage full integration with logistics and operational systems to assign accurate operational costs
Product costing

  • Provide detailed information on production costs
  • Calculate COGM and COGS at each step of the production process
  • Support product costing in both process and discrete manufacturing environments

Profit center accountingManagement
  • Set accurate transfer pricing to better value the internal exchange of goods
  • Improve management consolidation and elimination of intercompany profit and losses
  • Analyze the profitability of the smallest unit of responsibility and hold employees accountable

Investment management

  • Utilize embedded technologies to streamline net present value calculations and planning
  • Automatically create a fixed asset master record during construction and capitalize asset underconstruction
  • Save time by transferring information from appropriation requests into an internal order to begin the project
Profitability analysis

  • Generate greater insights from multidimensional analysis of market segments by product, customer, order, or strategic business unit
  • Adapt analysis to multiple businesses and markets
For information, Click Here

Do you like this article. To receive updates first

Subscribe to Management Accountant by Email

Subscribe in a reader

You may also like to read

  1. Customer Satisfaction - CRM Concepts
  2. Guy Kawasaki - The Art of the Start
  3. Acquiring Customer
  4. SAP FICO Interview Questions
  5. SAP or Oracle Financials

If you like this post, please tweet this or share this for the benefit of other readers.


Find out how you can promote yourself
Subscribe to MA updates Get the Latest via Email or RSS
  1. Management Accountant
  2. Accountancy News
  3. My Favorite Blogs that I track
  4. SAP Jobs & Opportunities

Enter your email address:

Delivered by FeedBurner