Project Shark - FICO team project members please reply in here

Asset Accounting Org. Configuration:

1. Copy Reference Chart of Depreciation/Depreciation Areas: SPRO
   EC08

Copy/Delete Depreciation Areas:

1. Assign Chart of Depreciation to Company Code: SPRO
   
   OAOB
   

2. Asset Class: SPRO
   
   Specify Account Determination:
   
   Create Screen Layout Rules
   
   Define Number Range Interval: AS08
   
   Define Asset Classes: OAOA
   

1. Integration with General Ledger Accounting Assign G/L Accounts: AO90 Asset Class we use:
   
   
   Specify Account Assignment Types for Account Assignment Objects:ACSET
   
2. Valuation Specify Transfer of APC Values:OABC
   Specify Transfer of Depreciation Terms:OABD
   Determine Depreciation Areas in the Asset Class:OAYZ
   
   Define Depreciation Areas for Foreign Currencies:OAYH
   Specify the Use of Parallel Currencies:
3. Depreciation Maintain Depreciation Key:AFAMA
4. Master Data Define Screen Layout for Asset Master Data:
   Define Screen Layout for Asset Depreciation Areas:AO21
5. Transactions Define/Assign Settlement Profiles:OAAZ
6. Asset Data Transfer Specify Transfer Date/Last Closed Fiscal Year:
   Specify Last Period Posted in Prv.System (Transf.During FY):OAYC

FICO Config - CO-PC

1 Define Cost Component Structure (OKTZ)

1.1 Create CCS "S1"

1.2 Create Cost Components

We're going to define 3 cost components for CCS "S1", all of them have both fixed and variable cost portion and both portions are valuated for COGS and Inventory as per IFRS:

e.g.

1.3 Assign Cost Elements to Cost Components

Note: We haven't yet created cost elements for overhead costs up to now. Make sure we create them later in the range of 805000-805099.

1.4 Assign CCS to Company Code

Note: In SAP, you can cost 2 CCS at the same time by defining an auxiliary CCS and assign it to the main CCS.

2 Define Costing Variant (OKKN)

Note: We will use SAP pre-defined costing variant PPC1.

Note: Costing sheet PP-PC1 is assigned to this costing variant PPC1, so we need to review and complete the config for costing sheet PP-PC1.

3 Maintain Costing Sheets

3.1 Define Overhead Cost Elements

Note: You must define Secondary Cost Element with category 41 for OH Credit.

Note: We defined 2 OH Cost Elements (805000 and 805010 for Material and MFG overhead allocations)

3.2 Define OH Base

3.3 Define OH %

3.4 Define OH Credit

3.5 Maintain Costing Sheets

4 Create Costing Variant for Production Order (OPL1)

Note: Will adopt SAP standard costing variant PPP1 and PPP2 for Production Order plan and actual costing respectively.

5 Define Default Value for Production Order (OPL8 )

Note: Suppose we're going to use Order Type "PP01" for the production order in Plant 1000.

6 Config Work In Process

6.1 Define Results Analysis Key (OKG1)

6.2 Define Cost Elements for WIP (KA06)

Note: Create the following cost elements with category 31:

6.3 Define RA Version (OKG9)

Note: "Transfer to FI" must be activated upon completion of WIP config!

6.4 Define Valuation Method (OKGC)

Note: We will valuate WIP by using actual costs

The system will generate the below records:

6.5 Define Line ID (SPRO)

Note: Create the following records:

6.6 Define Assignment (OKGB)

6.7 Define Update (OKGA)

6.8 Define FI Posting Rule (OKG8 )

6.9 Activate FI Posting in RA Version (OKG9)

Note: Ignore the warning message if it pops up.

6.10 Assign RA Key to Order Type (OPL8 )

7 Config Variance Calculation

7.1 Define Variance Key (OKV1)

Note: Copy from SAP Variance Key template 000001.

7.2 Assign Variance Key to Plant (OKVW)

7.3 Maintain Variance Variant (OKVG)

Note: SAP provides standard var variant key 001, in which all the var categories are selected.

7.4 Define Target Cost Version (OKV6)

Note: SAP provides 4 standard Target Cost Versions (0, 1, 2, 3). Just copy them for CO area 1000. Target version 0 will be used for variance settlement posting.

8 Config Production Order Settlement

8.1 Define Settlement Profile (OKO7)

Note: We're going to use SAP standard profile PP01

8.2 Create CO Number Range for Settlement (KO8N)

Assign CO area 1000 to number range 01

The above concludes the CO-PC configuration.

CO-PC Testing

1 Create Cost Estimates for Material #15 (CK11N)

Switch between cost component split view and item/cost elements view. You can also switch between company code currency and CO currency (group currency):

2 Mark Price for Mat#15 (CK24)

Unlock Price Update for Company Code 1000 in 2016/11:

3 Review Costing Information in MM Master (MM03)

4 WIP Calculation & Posting for Order #1000002

4.1 Calculation Overhead (KGI2)

4.2 WIP Calculation (KKAX)

4.3 Settle WIP (KO88 )

5 Variance Settlement
Note: Complete order confirm and GR before settling cost variance

5.1 WIP Calculation (KKAX)

5.2 Variance Calculation (KKS2)

5.3 Settle Variance (KO88 )

Testing Results: Generally Passed!

Issues/Findings:

• Material period is 2016/11, so standard cost cannot be released;
• Profit Center was not assigned to materials
• Target cost cannot be determined due to standard cost was not released, which caused no variance category can be determined.

FICO Config - COPA

1 Create Operating Concern (KEP8 )

Note: We've created Op Concern 1000 during the first config step - FICO Org Unit settings.

2 Maintain Characteristics (KEA5)

Note: SAP provides fixed char. and pre-defined system char.. To avoid duplication, review them before creating your own's. For the training purpose, we're going to create a new char mapping to customer master data "Customer Class" (KNA1-KUKLA).

Change>Create

Save

3 Maintain Value Field (KEA6)

Note: VFs are only used in Cost-Based COPA structure. Since COPA is highly integrated with SD, condition types used in pricing procedure are one of the major considerations when you design VFs. Reporting requirements and product costing structure are among other key factors of the COPA design. Like Char., review and explore if the existing value fields can meet your requirements.

Change>Create

Repeat to create the following VFs:

4 Generate Operating Concern (KEA0)

Create

Select Char:

Select VF:

Activate the structure:

Backout and you get the below message and choose yes to generate the Operating Concern:

Create Op. Concern attributes:

Save and choose yes to generate the client-specific structure.

If all going well, you should be able to see the green light status:

5 Assign CO Area to Op. Concern (KEKK)

6 Set Op. Concern （KEBD）

7 Define Characteristic Derivation (KEDR)

SAP will automatically generate derivations for you if you create Char by referring SAP standard table fields.

e.g. How SAP derive the Customer Class via Table Lookup:

8 Define Valuation Strategy (KE4U)

Note: We're going to access material cost components via costing key.

Note: We're NOT going to use COPA planning function right now.

9 Define Costing Key to Access Standard Cost Estimates (KE40)
Note: Copy the template 001; do NOT change the parameters.

10 Assign Costing Key to Material Type (KE4J)

11 Assign Value Fields (KE4R)

Map VFs to the corresponding CCS items:

12 Define Actual Value Flow - Billing to COPA

12.1 Assign Value Fields to Condition Types (KE4I)

Note: Map VFs to Condition Types of Pricing Procedure "ZSHARK" configed in SD.

12.2 Assign Quantity Fields (KE4M)

13 Define Actual Value Flow - PA Transfer Structure (KEI1)

13.1 Production Order Variance to COPA

Note: PA Transfer Structure "A1" is assigned to Order Settlement Profile "PP01".

SAP pre-defined the 9 assignment items for each variance category. Assign source cost elements with the corresponding variance category to them and map to the target VF.

Note: I added 9 VFs of Variances to the Operating Concern by taking step 3 and 4.

e.g.
Source:

VF:

13.2 FI/MM to COPA (KEI2)

Note: SAP standard transfer structure FI is used to config actual value flow from FI/MM to COPA.

Assume that sales accrual (GL430000) will be manually posted into COPA through AR module.

Map to VF: Revenue

13.3 Overhead to COPA (KEU1)

Omitted.

Note: Assume that we're only interested in Profitability Analysis at gross margin level, so we don't transfer any overhead or administrative costs into COPA.

14 activate COPA (KEKE)

The above concludes CO-PA configuration.