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 learn by SAP ABAP ON HANA 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
