Author: John Jordan
Publisher: SAP PRESS
ISBN: 9781493212699
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Looking for a comprehensive guide to product costing in SAP (SAP CO-PC)? With this best-seller, you'll begin with a breakdown of how to manage master data and configure settings in SAP CO. Next, you'll learn the nitty-gritty details of integrated planning, from creating cost estimates to handling planned costs, actual costs, and final settlements. Contains coverage of SAP HANA, current trends in product cost controlling, and other new functionalities Configuration Learn to manage your master data and tailor your configuration settings based on your particular business requirements. Functionality Understand and implement key functionalities including standard cost estimates, work in progress and variance calculations, reporting, and analysis. Advanced Topics Find answers to your questions about the Material Ledger, subcontracting, delivery costs, user exits, mixed-cost estimates, and more. Highlights: Integration planning Master data Configuration settings Material Ledger confirmation Costing variants Unit cost estimates Simultaneous costings Overhead WIP calculations Settlement -Reporting and analysis
Product Cost Controlling with SAP
Author: John Jordan
Publisher: SAP PRESS
ISBN: 9781493212699
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Looking for a comprehensive guide to product costing in SAP (SAP CO-PC)? With this best-seller, you'll begin with a breakdown of how to manage master data and configure settings in SAP CO. Next, you'll learn the nitty-gritty details of integrated planning, from creating cost estimates to handling planned costs, actual costs, and final settlements. Contains coverage of SAP HANA, current trends in product cost controlling, and other new functionalities Configuration Learn to manage your master data and tailor your configuration settings based on your particular business requirements. Functionality Understand and implement key functionalities including standard cost estimates, work in progress and variance calculations, reporting, and analysis. Advanced Topics Find answers to your questions about the Material Ledger, subcontracting, delivery costs, user exits, mixed-cost estimates, and more. Highlights: Integration planning Master data Configuration settings Material Ledger confirmation Costing variants Unit cost estimates Simultaneous costings Overhead WIP calculations Settlement -Reporting and analysis
Publisher: SAP PRESS
ISBN: 9781493212699
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Looking for a comprehensive guide to product costing in SAP (SAP CO-PC)? With this best-seller, you'll begin with a breakdown of how to manage master data and configure settings in SAP CO. Next, you'll learn the nitty-gritty details of integrated planning, from creating cost estimates to handling planned costs, actual costs, and final settlements. Contains coverage of SAP HANA, current trends in product cost controlling, and other new functionalities Configuration Learn to manage your master data and tailor your configuration settings based on your particular business requirements. Functionality Understand and implement key functionalities including standard cost estimates, work in progress and variance calculations, reporting, and analysis. Advanced Topics Find answers to your questions about the Material Ledger, subcontracting, delivery costs, user exits, mixed-cost estimates, and more. Highlights: Integration planning Master data Configuration settings Material Ledger confirmation Costing variants Unit cost estimates Simultaneous costings Overhead WIP calculations Settlement -Reporting and analysis
Modern Product Costing Technique in the Age of Competition
Author: Romeo G. Manalo
Publisher: eBookIt.com
ISBN: 1456601539
Category : Business & Economics
Languages : en
Pages : 64
Book Description
This book addresses an important issue -- the nature of and evidence for success in the transfer costing of internal services or shared services or products within a company. The case of activity-based costing (ABC) is used to explore how the proponents have developed a framework linking Quality, Cost and Delivery (QCD) components of products and services.The QCD performance indices, which are the natural properties of products and services, will form part of the Service Level Agreements between the internal service providers (Shared Services Centers) and internal customers (Profit Centers) of the company. This framework optimizes the use of overhead expenses to the end products of the company.This book also discusses the various cost components of the products and services using the full absorption costing principle. It is a revolutionary idea in the sense that all activity costs are considered variable costs and product costs come from activity costs using various cost drivers.The Principal Component Analysis (PCA), the multi-variate statistical tool, is applied using SPSS to analyze which independent variables contribute significantly to the Product Unit Price (PUP) and which should be given more emphasis in decision making process.
Publisher: eBookIt.com
ISBN: 1456601539
Category : Business & Economics
Languages : en
Pages : 64
Book Description
This book addresses an important issue -- the nature of and evidence for success in the transfer costing of internal services or shared services or products within a company. The case of activity-based costing (ABC) is used to explore how the proponents have developed a framework linking Quality, Cost and Delivery (QCD) components of products and services.The QCD performance indices, which are the natural properties of products and services, will form part of the Service Level Agreements between the internal service providers (Shared Services Centers) and internal customers (Profit Centers) of the company. This framework optimizes the use of overhead expenses to the end products of the company.This book also discusses the various cost components of the products and services using the full absorption costing principle. It is a revolutionary idea in the sense that all activity costs are considered variable costs and product costs come from activity costs using various cost drivers.The Principal Component Analysis (PCA), the multi-variate statistical tool, is applied using SPSS to analyze which independent variables contribute significantly to the Product Unit Price (PUP) and which should be given more emphasis in decision making process.
Product Costing
Author: Ralph S. Polimeni
Publisher: McGraw-Hill/Irwin
ISBN: 9780072390841
Category : Cost accounting
Languages : en
Pages : 0
Book Description
Our primary reason for writing this book was to produce a text that can be easily understood by students and still provide comprehensive coverage of the topics generally found in a cost accounting text. To achieve this goal, we have included extensive illustrations in each chapter and eliminated unnecessary words and details. Every chapter includes the following additional sections to aid the student in understanding the subject matter: chapter review, glossary, comprehensive summary problems with solutions, and assignment materials in the form of questions, multiple choice, exercises, and problems. Whenever applicable, assignment material was adapted from C.P.A. and C.M. A. examinations. Many chapters also include an appendix providing information beyond the scope of that which is normally presented in a cost accounting text. Fundamental concepts and techniques are covered in depth before a student is exposed to the more complex areas of cost accounting. To ensure a solid foundation, this text presents a thorough coverage of product costing. A second part, Cost Accounting: Concepts and Applications for Managerial Decision Making (which includes Chapter ( followed by Chapter 14-24), deals mainly with performance evaluation and managerial decision making. We feel it is vital for students to have a thorough understanding of product costing before they can attempt to analyze the data produced from today's sophisticated cost accounting systems.
Publisher: McGraw-Hill/Irwin
ISBN: 9780072390841
Category : Cost accounting
Languages : en
Pages : 0
Book Description
Our primary reason for writing this book was to produce a text that can be easily understood by students and still provide comprehensive coverage of the topics generally found in a cost accounting text. To achieve this goal, we have included extensive illustrations in each chapter and eliminated unnecessary words and details. Every chapter includes the following additional sections to aid the student in understanding the subject matter: chapter review, glossary, comprehensive summary problems with solutions, and assignment materials in the form of questions, multiple choice, exercises, and problems. Whenever applicable, assignment material was adapted from C.P.A. and C.M. A. examinations. Many chapters also include an appendix providing information beyond the scope of that which is normally presented in a cost accounting text. Fundamental concepts and techniques are covered in depth before a student is exposed to the more complex areas of cost accounting. To ensure a solid foundation, this text presents a thorough coverage of product costing. A second part, Cost Accounting: Concepts and Applications for Managerial Decision Making (which includes Chapter ( followed by Chapter 14-24), deals mainly with performance evaluation and managerial decision making. We feel it is vital for students to have a thorough understanding of product costing before they can attempt to analyze the data produced from today's sophisticated cost accounting systems.
The 123s of ABC in SAP
Author: Dawn J. Sedgley
Publisher: John Wiley & Sons
ISBN: 0471210927
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Incorporate the Benefits of Activity-Based Costing into the Efficiencies of Your SAP R/3 System Given SAP's dominance in the enterprise resource planning (ERP) market, many companies and their managers encounter SAP AG applications in some form or another. Many of these organizations have recognized the value of utilizing Activity-Based Costing/Management concepts to perform more accurate cost assignments or drive performance initiatives. Managers are then faced with trying to determine how Activity-Based Costing can be incorporated into the SAP environment. The 123s of ABC in SAP is the first book of its kind designed to help business managers understand the capabilities of the SAP R/3 business application to support Activity-Based Costing, Management, and Budgeting. Divided into three parts-the conceptual foundation, the capabilities of SAP ABC, and integration with other tools-the book provides readers with the following: * An explanation of how Activity-Based Costing can be used with SAP * Helpful hints for implementing ABC into SAP * Insights into the most common difficulties and potential solutions when implementing ABC into SAP * Summary tables that highlight key decisions to be made, implementation hints, and organizational challenges * Detailed descriptions of SAP software applications to support the Activity-Based Costing approach as well as the integration of SAP R/3 with Oros software * Examples of the tandem usage of Resource Consumption Accounting with Activity-Based Costing
Publisher: John Wiley & Sons
ISBN: 0471210927
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Incorporate the Benefits of Activity-Based Costing into the Efficiencies of Your SAP R/3 System Given SAP's dominance in the enterprise resource planning (ERP) market, many companies and their managers encounter SAP AG applications in some form or another. Many of these organizations have recognized the value of utilizing Activity-Based Costing/Management concepts to perform more accurate cost assignments or drive performance initiatives. Managers are then faced with trying to determine how Activity-Based Costing can be incorporated into the SAP environment. The 123s of ABC in SAP is the first book of its kind designed to help business managers understand the capabilities of the SAP R/3 business application to support Activity-Based Costing, Management, and Budgeting. Divided into three parts-the conceptual foundation, the capabilities of SAP ABC, and integration with other tools-the book provides readers with the following: * An explanation of how Activity-Based Costing can be used with SAP * Helpful hints for implementing ABC into SAP * Insights into the most common difficulties and potential solutions when implementing ABC into SAP * Summary tables that highlight key decisions to be made, implementation hints, and organizational challenges * Detailed descriptions of SAP software applications to support the Activity-Based Costing approach as well as the integration of SAP R/3 with Oros software * Examples of the tandem usage of Resource Consumption Accounting with Activity-Based Costing
Practical Guide to SAP CO-PC (Product Cost Controlling) in SAP S/4HANA - 2nd edition
Author: Tanya Duncan
Publisher: Espresso Tutorials GmbH
ISBN: 3960122977
Category : Computers
Languages : en
Pages : 184
Book Description
Because of its complex integration, Product Cost Controlling (CO-PC) has often been regarded as the most challenging module in SAP ERP. In this 2nd edition, the most important concepts, business processes, and configuration settings have been updated to cover SAP S/4HANA, including how Material Ledger has evolved in S/4HANA. There is also a new chapter on sales order costing. By concentrating only on the essentials, this book can be easily used as a supplementary guide for readers who are implementing or supporting SAP CO-PC. Transaction and configuration screenshots have been included to illustrate processes and concepts covered in this book, and Fiori app names and GUI transaction codes have also been provided. In addition, this guide examines the integration of CO-PC with other modules, and offers helpful tips to consider during implementation. - Introduction to value flows in SAP S/4HANA Controlling - Step-by-step examples - Configuration for make-to- stock and make-to-order costing - Detailed month-end closing processes
Publisher: Espresso Tutorials GmbH
ISBN: 3960122977
Category : Computers
Languages : en
Pages : 184
Book Description
Because of its complex integration, Product Cost Controlling (CO-PC) has often been regarded as the most challenging module in SAP ERP. In this 2nd edition, the most important concepts, business processes, and configuration settings have been updated to cover SAP S/4HANA, including how Material Ledger has evolved in S/4HANA. There is also a new chapter on sales order costing. By concentrating only on the essentials, this book can be easily used as a supplementary guide for readers who are implementing or supporting SAP CO-PC. Transaction and configuration screenshots have been included to illustrate processes and concepts covered in this book, and Fiori app names and GUI transaction codes have also been provided. In addition, this guide examines the integration of CO-PC with other modules, and offers helpful tips to consider during implementation. - Introduction to value flows in SAP S/4HANA Controlling - Step-by-step examples - Configuration for make-to- stock and make-to-order costing - Detailed month-end closing processes
Cost Accounting for Health Care Organizations
Author: Steven A. Finkler
Publisher: Jones & Bartlett Learning
ISBN: 9780834210127
Category : Business & Economics
Languages : en
Pages : 910
Book Description
This book provides a thorough coverage of the essentials of cost accounting from a health care perspective. It covers all of the basic tools of cost accounting common to all industries, and uses health care examples. Part I provides the reader with a solid foundation in the essentials of cost accounting. The chapters in this section provide an introduction to costing and cost definitions. Various approaches to product costing and cost allocation are discussed. Breakeven analysis is also covered, as are techniques for making nonroutine decisions. Part II presents a number of specific tools for improved planning and control. The chapters in this section focus on forecasting and prediction of future costs, budgeting, flexible budgeting, variance analysis, and management control. Part III addresses a number of additional cost accounting tools that can be helpful in generating management information for decision making. Specifically, there are chapters on cost accounting, productivity measurement, inventory, uncertainty, information systems, and performance evaluation. The criticisms of cost accounting and a number of suggested approaches for improvement are discussed in Part IV. The chapters in this part also examine activity-based costing, total quality management, and the future of costing. Each chapter is followed by one or more articles that apply some of the material discussed in the chapter. The last chapter provides a summary of the book.
Publisher: Jones & Bartlett Learning
ISBN: 9780834210127
Category : Business & Economics
Languages : en
Pages : 910
Book Description
This book provides a thorough coverage of the essentials of cost accounting from a health care perspective. It covers all of the basic tools of cost accounting common to all industries, and uses health care examples. Part I provides the reader with a solid foundation in the essentials of cost accounting. The chapters in this section provide an introduction to costing and cost definitions. Various approaches to product costing and cost allocation are discussed. Breakeven analysis is also covered, as are techniques for making nonroutine decisions. Part II presents a number of specific tools for improved planning and control. The chapters in this section focus on forecasting and prediction of future costs, budgeting, flexible budgeting, variance analysis, and management control. Part III addresses a number of additional cost accounting tools that can be helpful in generating management information for decision making. Specifically, there are chapters on cost accounting, productivity measurement, inventory, uncertainty, information systems, and performance evaluation. The criticisms of cost accounting and a number of suggested approaches for improvement are discussed in Part IV. The chapters in this part also examine activity-based costing, total quality management, and the future of costing. Each chapter is followed by one or more articles that apply some of the material discussed in the chapter. The last chapter provides a summary of the book.
Practical Guide to SAP CO-PC (Product Cost Controlling)
Author: Duncan Tanya
Publisher: Espresso Tutorials GmbH
ISBN:
Category : Computers
Languages : en
Pages : 236
Book Description
Because of its complex integration, Product Cost Controlling (CO-PC) is often regarded as the most challenging module in SAP ERP. In this book, you will learn the most important concepts, business processes, and configuration settings. By concentrating only on the essentials, this book will quickly enable you to use it as a supplementary reference guide for implementing or supporting SAP CO-PC. Screenshots of transactions and configuration are included to illustrate written content. This book also dives into CO-PC integration details with other modules and tips on how to properly configure and implement a highly integrated sub-module. This complete and simplified guide to configuration and business processes for SAP Product Costing covers: * Introduction to Value Flows in SAP Controlling * Step-by-Step Examples * Configuration for Product Costing * Detailed Month End Closing Processes
Publisher: Espresso Tutorials GmbH
ISBN:
Category : Computers
Languages : en
Pages : 236
Book Description
Because of its complex integration, Product Cost Controlling (CO-PC) is often regarded as the most challenging module in SAP ERP. In this book, you will learn the most important concepts, business processes, and configuration settings. By concentrating only on the essentials, this book will quickly enable you to use it as a supplementary reference guide for implementing or supporting SAP CO-PC. Screenshots of transactions and configuration are included to illustrate written content. This book also dives into CO-PC integration details with other modules and tips on how to properly configure and implement a highly integrated sub-module. This complete and simplified guide to configuration and business processes for SAP Product Costing covers: * Introduction to Value Flows in SAP Controlling * Step-by-Step Examples * Configuration for Product Costing * Detailed Month End Closing Processes
Target Costing
Author: M. Bradford Clifton
Publisher: CRC Press
ISBN: 1482276348
Category : Business & Economics
Languages : en
Pages : 282
Book Description
Compiling practical recommendations gleaned from more than 20 years of professional experience, Target Costing: Market Driven Product Design provides numerous examples from field authorities that illustrate valuable concepts and approaches employed in the application of target costing to large-scale manufacturing operations. The authors discuss set
Publisher: CRC Press
ISBN: 1482276348
Category : Business & Economics
Languages : en
Pages : 282
Book Description
Compiling practical recommendations gleaned from more than 20 years of professional experience, Target Costing: Market Driven Product Design provides numerous examples from field authorities that illustrate valuable concepts and approaches employed in the application of target costing to large-scale manufacturing operations. The authors discuss set
Cost Estimator's Reference Manual
Author: Rodney D. Stewart
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744
Book Description
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744
Book Description
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.
Making Microfinance Work
Author: Craig Farren Churchill
Publisher: International Labour Organization
ISBN: 9221186571
Category : Business & Economics
Languages : en
Pages : 452
Book Description
This training manual provides an overview of the key management principles necessary to optimize the services of microfinance institutions (MFIs) and brings together useful lessons from numerous MFIs worldwide to help managers strengthen the performance of their unit, branch or institution.Either used alone, or as part of a management training course, Making Microfinance Work offers various tools and advice. The markets and marketing of MFIs are examined and looks at the different ways in which managers can communicate the value of their products and services. It introduces effective methods for enhancing efficiency and productivity which minimize the trade-offs MFIs invariably face as they try to provide services over the long term.The topic of managing risks is also covered. This manual offers strategies to prevent risk from occurring and, if it does occur, explains how to rectify the situation. Practical techniques for allocating costs and determining prices are also highlighted, as well as the importance of plans, budgets and reports. Illustrations and case studies are used to assist managers in applying the concepts outlined in the text. An extensive list of additional reading and useful Internet resources is also provided
Publisher: International Labour Organization
ISBN: 9221186571
Category : Business & Economics
Languages : en
Pages : 452
Book Description
This training manual provides an overview of the key management principles necessary to optimize the services of microfinance institutions (MFIs) and brings together useful lessons from numerous MFIs worldwide to help managers strengthen the performance of their unit, branch or institution.Either used alone, or as part of a management training course, Making Microfinance Work offers various tools and advice. The markets and marketing of MFIs are examined and looks at the different ways in which managers can communicate the value of their products and services. It introduces effective methods for enhancing efficiency and productivity which minimize the trade-offs MFIs invariably face as they try to provide services over the long term.The topic of managing risks is also covered. This manual offers strategies to prevent risk from occurring and, if it does occur, explains how to rectify the situation. Practical techniques for allocating costs and determining prices are also highlighted, as well as the importance of plans, budgets and reports. Illustrations and case studies are used to assist managers in applying the concepts outlined in the text. An extensive list of additional reading and useful Internet resources is also provided