Welcome to another informative video in our Overhead Cost Management series. Today, I explain the critical differences between primary and secondary cost elements in SAP, comparing the functionalities in ECC and S/4HANA. This video aims to summarize and expand upon concepts discussed in previous videos, providing a clearer understanding of cost distribution and cost assessment in SAP.
We'll explore how primary and secondary cost elements are used in financial accounting and internal cost allocations, respectively, and how these elements have evolved from SAP ECC to SAP S/4HANA. The integration in S/4HANA simplifies the reconciliation process, enhancing efficiency and transparency in financial reporting.
🔹 Example Included: Practical demonstration using an electricity invoice allocation scenario.
🔹 Upcoming Video Teaser: A full demo on SAP S/4HANA 2022, including a third type of P&L account - non-operating expenses/revenues.
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#SAP #ECC #S4HANA #CostManagement #FinancialAccounting #Controlling #ERPSystems
12 дек 2023
