Free Essay

Account Based Copa

In: Computers and Technology

Submitted By zackthetarzan
Words 957
Pages 4
Account Based COPA - Simplification with
Simple Finance
A typical pain point for most projects has been the underlying differences in Costing Based COPA and the
P&L in Financial Accounting. Most of the customers used costing based COPA with one of the reasons being getting a break up of Cost of Goods Sold.
Typically in Costing based COPA, the values for key figures like Revenue, cost of goods sold, variances, overheads etc get stored in value field in CE1* tables. This essentially used to map the accounts such as revenue and sales deductions to value fields in costing based COPA. Additionally there were restrictions on the no of value fields in costing based copa with around 200 fields (SAP OSS Note 1029391).
The account based COPA on the other hand uses cost elements to store the same values for various attributes like revenue, cost of goods sold, and so on. However, the posting logic in traditional account based COPA was such that cost of goods sold and variances could only be mapped to a single GL Account/Cost element. This was one of the basic reasons why most SAP customers preferred using Costing based COPA over Account based COPA. Another major challenge with using Costing based COPA was the frequent reconciliation issues between COPA and GL. For eg, typically, the COGS was booked in the GL at the time of Outbound delivery and the same value flowed into Costing Based COPA at the time of billing. So if the PGI and Billing were far apart in two different posting periods, you typically had challenges in reconciliation of differences.
With SAP Simple Finance, life has been simplified for the Finance folks. SAP mandates the use of Account based COPA with Simple Finance and does away with the limitations of traditional account based COPA providing the same detailed information for Cost of Goods Sold, Production Variances & invoice quantities which till now existed only with costing based COPA. Of course, the costing based COPA can continue to co exist with the new Account based COPA
The traditional way of storing the characteristics in COPA irrespective of using Costing based COPA or
Account based COPA was to store the data in a row in a data base structure. Every time the typical COPA reports were run, the system would query each data record and than aggregate to arrive at values which had been queried. With HANA, the data is stored in columns and so only the relevant column is queried, This brings in tremendous performance improvement. One of the ways in which SAP Customers used to tide over the performance related issues with COPA Reports was to create secondary indexes on the way in which reports were done. So this is some thing which is not required with the capabilities of HANA.
With Simple Finance, comes a new posting capability that allow SAP Customers to report the Cost of Goods
Sold at the same level of details as available in Costing based COPA. Typically, the postings on the GL used to happen at the standard price at which the material was valuated and the break up of the standard cost was available through Costing based COPA. With Simple Finance comes the capability to link the cost components in the standard cost estimate to individual GL Accounts for each cost component. There is no restriction now

Generated by Jive on 2016-01-12+01:00
1

Account Based COPA - Simplification with Simple Finance

on the no of accounts and the level of detail can be the same as the one available in cost component structure.
The configuration path for the same in Simple Finance environment is:
IMG> Financial Accounting (New)>General Ledger Accounting (New)>Periodic Processing>
Integration>Materials Management>Define Accounts for Splitting the cost of goods sold

Generated by Jive on 2016-01-12+01:00
2

Account Based COPA - Simplification with Simple Finance

Another major reason with SAP Customers preferring Costing based COPA over Account based COPA was the ability of costing based COPA to provide the break up of Production Variances, which posted to a single GL
Account. However, with Simple Finance comes the ability to assign a GL Account for each variance category and you can have the same break up in Account based COPA on Simple Finance. The required configuration path for the same is:

IMG> Financial Accounting (New)>General Ledger Accounting (New)>Periodic Processing>
Integration>Materials Management>Define Accounts for Splitting Price Difference

Generated by Jive on 2016-01-12+01:00
3

Account Based COPA - Simplification with Simple Finance

Here in similar to COSG split you have to define a Schema and assign a GL Account for each Variance category. Generated by Jive on 2016-01-12+01:00
4

Account Based COPA - Simplification with Simple Finance

Most of SAP customers using costing base COPA choose not to report the quantity in logistics, but convert them into their own reporting units. This was typically done through an enhancement to record this kind of conversion. COPA0005 was the enhancement which has been used in most customers. However, with Simple
Finance, the COEP table has additional quantity columns which can be used for these kind of reporting requirements. The IMG path for the same is:
Controlling>General Controlling>Additional Quantities> Define additional quantities

Generated by Jive on 2016-01-12+01:00
5

Account Based COPA - Simplification with Simple Finance

The usage of Account based COPA in Simple Finance ensures that there are no more time consuming painful reconciliation required to be done anymore. Additionally, the customers get the same kind of reporting capabilities hitherto seen with costing based COPA making life simpler for Finance users.

Generated by Jive on 2016-01-12+01:00
6

Similar Documents

Premium Essay

Airline Industry - a Study

...transportation for people and products. The invention of the first aircraft hundred-plus years ago brought about a revolution of how people travel. It has been a dynamically changing industry. Air travel remains a large and growing industry. It facilitates world trade, economic growth, tourism and international investment, and is therefore central to the globalization of many other industries. This paper will discuss the characteristics of airline industry in the United States with more focus on passenger airlines, its market structure and competitive environment, market shares and profits, recent developments, technology and innovation, and the future of the industry. U.S. AIRLINES The airlines are classified in many ways. It can be classified based on their size, revenue, and what they transport. The most common classifications are major passenger airlines, low-cost carriers, airfreight, and regional or commuter carriers. As of December 2014, there were 18 major carriers, which defined by the United States Department of Transportation as an airline that posts more than $1 billion in revenue during a fiscal year. Eleven of which are mainline passenger airlines, four are freight carriers, and three regional airlines. The mainline passenger airlines are Alaska Airlines, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue, Southwest Airlines, United Airlines, US Airways (subsidiary of American Airlines Group), and Virgin America. The......

Words: 2244 - Pages: 9

Free Essay

Computer Crime: Pornography, Fraud, Hacking and Gambling

...whole, appeals to the prurient interest • Whether the work depicts or describes, in a patently offensive way, sexual conduct specifically defined by applicable state law • Whether the work taken as a whole, lacks serious literary, artistic, political or scientific value Teaching Tip: An important concept to stress is that the standards require that an average person apply contemporary community standards. This means that no one person or group may dictate the application of the law for the entire community. It also means that what is deemed obscene in one community may not be deemed obscene in another. E. Reasonable Restrictions Based on Time, Place or Manner 1. Reasonable restrictions as to time, place and manner of freedom of expression has been permitted by the courts. 2. Such restrictions include: • Rating systems creating X, R, N17, PG and G labels and enforcing age requirements to view movies are legal • Over 18 restricted sales of explicit CDs are legal • Laws in general that restrict children’s access to adult materials 3. See the NUTZ and BOLTZ box on page 718. F. Communications Decency Act (CDA) of 1996 1. The CDA attempted to make it illegal to: • To transmit, in interstate commerce, comments, requests,......

Words: 4504 - Pages: 19

Premium Essay

Orginal Business Idea

...Although Canada has many airports and relies heavily on imported goods, the space needed by commercial companies and shipping companies is readily available. Most systems are located in high density airports, and especially those airports which are not located within a city, allowing the space for large loads of cargo to be held, and for buildings to be constructed on a large enough scale to fit said cargo. Most airports that need this type of development to grow, have already implemented them and thus, there is a lack of opportunity to expand further within the current Canadian market. Major Industry Competitors Canada does have privately owned and operated commercial buildings, which are located in airports across the country (The COPA Guide to Public Airports, 2008) (Saturation Makes Ontario Airports Busier Than Ever, 2010). However, these are singular properties and operations; there are no major competitors who design, finance and build commercial and warehouse space in North America. In Europe, this is a much large industry. Many of these companies focus solely on the building and leasing of these facilities. Thus, though the market is small, Airterm holds a large percentage of the market share and has few concerns about competition in the Canadian market at the current time. Industry Trends The current Canadian airport infrastructure and goods and services transportation, particularly the building and completion of airport properties, have been mostly......

Words: 4850 - Pages: 20

Premium Essay

Gender

...individual satisfaction towards the process as a whole and the end result. This experiment discovered that decisions made in a virtual setting are less polarized than those made in person. Also, making decisions in this setting are less satisfying than those made in a face-to-face setting. According to this study as well, the same task performed in different settings will lead to diverging results, mostly because virtual tasks lead to more cautious conclusions. These results can be applied to real life scenarios by decision-makers figuring out how to organize employees to yield decision in their favor, be it more risk- or caution-oriented. To keep productivity high, managers should conduct collaboration projects in person, because technology-based work results in less satisfaction with both process and outcome (Elshinnawy and Vinze, 2006). Article Number Two In Krizan and Baron’s entitled “Group Polarization and Choice-Dilemmas” deals with the assumption that polarization of ideas is due to self- categorization. This means that people will see a convergence of ideas in a group because discussants have a desire to appear as a member of the group and differentiate themselves from the outgroup positions. To test their hypothesis that self-categorization is a complete explanation for group polarization, the researchers chose to manipulate the variable of outgroup distinctiveness. For the experiment, eighty-three college students read and responded to five risk-prone......

Words: 3277 - Pages: 14

Premium Essay

Adidas

...One of the main focuses of Adidas is football kit and associated equipment. Adidas also provides apparel and equipment for all teams in Major League Soccer. Adidas remain a major company in the supply of team kits for international football teams. Current examples include Spain, Russia, France, Germany, Greece, Romania, Argentina, Mexico, South Africa, Japan and Nigeria. Adidas also makes referee kits that are used in international competition and by many countries and leagues in the world. In the United States, referees wear the Adidas kits in MLS matches even though the primary referee supplier is Official Sports. The company has been an innovator in the area of footwear for the sport with notable examples including development of the Copa Mondial moulded boot used for matches on firm dry pitches for almost forty years. The studded equivalent was named World Cup follow in celebration of the 1978 tournament won by Argentina, one of the nations it supplied at the time. Some of the famous football teams currently sponsored by Adidas include Real Madrid, Milan, Middlesbrough, Palmeiras, Chelsea, River Plate, Liverpool, Marseille, Universidad de Chile, Bayern Munich, Schalke 04, Benfica, Wolfsburg, Galatasaray, Panathinaikos, Derby County, Ajax and Lokomotiv Moscow among others. Adidas became renowned for advancing the Predator boot design developed by ex-Liverpool and Australian international player Craig Johnston. This design featured a ribbed rubber structure for the upper......

Words: 2378 - Pages: 10

Premium Essay

Metlife Alico

...Japan and worldwide its customers total 90 million individuals. * Life insurance * Dental * Disability * Annuities * Auto and home * Life Insurance MetLife’s individual life insurance products and services comprise term life insurance and several types of permanent life insurance, including whole life, universal life, and final expense whole life insurance.These services vary in regards to the duration and amount of coverage available and whether a medical exam is required for coverage. The company also offers group life insurance, provided through employers, which consists of term life, permanent life, and accidental death and dismemberment coverage. MetLife is the largest life insurer in the United States, based on life insurance in-force. * Dental MetLife offers group dental benefit plans for individuals, employees, retirees and their families and provides dental plan administration for over 20 million people. Plans include MetLife’s Preferred Dentist Program (PPO) and the SafeGuard DHMO (available for both individuals and employees in CA, FL, and TX). As of May 2010, MetLife’s dental PPO network included over 135,000 participating dentist locations nationwide while the dental HMO network included more than 13,000 participating dentist locations in California, Florida and Texas. MetLife also administers dental continuing education program for dentists and allied health care professionals, which are recognized by the American Dental......

Words: 3367 - Pages: 14

Premium Essay

Research

...on the ORLS and the other had destroyed all medical 266 S U I C I D E I N P S YC H I AT R I C HO S P I TA L I N - PAT I E N T S IN IN case-note material from the study. Ethical approval for the study was obtained from the local ethics committee. 1984). Noting that the `naõve Bayes' model `naõve È can be written in terms of a sum of log likelihood ratios (LLRi): post-test log oddsˆLLR1+LLR2+. . .+ odds LLR LLRn+pretest log odds the confounding can be adjusted for by `shrinking' each of the LLRis by factors Si: post-test log oddsˆ(S16LLRi)+ odds (S (S26LLR2)+. . .+(Sn6LLRn)+ pretest log odds Estimates of Si are obtained by logistic regression, and the adjusted LRs can be obtained by back-transformation. Such a model does not account for any interaction of diagnostic elements, solely confounding. A reduced multivariate model was produced by retaining only risk factors with adjusted LRs of 2 or more from the odds ratios logistic regression. Using these with the baseline suicide rate for in-patients allowed us to estimate the post-test probabilities of the predictor variables. Statistical analysis Risk factor analysis Descriptive analyses were carried out using SPSS (SPSS, 1997) and EPI-INFO (Dean et al, 1995). Univariate and multivariate al, analyses were carried out using logistic regression with EGRET and STATA computer software (StataCorp, 1999; Statistics and Epidemiology Research Corporation, Epidemiology 1991). Factors that were statistically significantly...

Words: 6385 - Pages: 26

Free Essay

Merger

...huffingtonpost.com/2013/02/06/american-airlines-us-airways... Feb 06, 2013  • www.azcentral.com › Business › Consumer 2012[edit source | editbeta] In January 2012, US Airways expressed interest in taking over bankrupt carrier American Airlines.[75] Tom Horton, CEO of American parent AMR Corporation, said in March that American was open to a merger.[76] A Bloomberg News report dated March 23, 2012, stated that US Airways has been in talks with AMR's creditors about a takeover bid.[77] On December 7, 2012, US Airways announced a merger proposal with American Airlines. The merger will still require approval from a bankruptcy judge but if the merger is successful, the combined airline will keep the American Airlines name and will be based in American's hometown of Fort Worth.[78] 2013[edit source | editbeta] Main article: American Airlines-US Airways merger On February 14, 2013, US Airways and American Airlines announced that the two companies would merge to form the largest airline in the world. In the deal, shareholders of American Airlines' parent AMR will own 72% of the new company and US Airways shareholders will own the remaining 28%. The combined airline will carry the American Airlines name and branding, while US Airways' management team, including CEO Doug Parker, will retain most operational management positions. The headquarters for the new airline will also be consolidated at American's current headquarters in Fort Worth, Texas.[5][6] On......

Words: 9558 - Pages: 39

Premium Essay

Sex Education

...sex-education represents state interference. They claim that some sex education curricula break down pre-existing notions of modesty and encourage acceptance of practices that those advocating this viewpoint deem immoral, such as homosexuality and premarital sex. They cite web sites such as that of the Coalition for Positive Sexuality as examples. Naturally, those that believe that homosexuality and premarital sex are a normal part of the range of human sexuality disagree with them. Many religions teach that sexual behavior outside of marriage is immoral, so adherents feel that this morality should be taught as part of sex education. Other religious conservatives believe that sexual knowledge is unavoidable, hence preference for curricula based on abstinence.[79] Despite the opposition of the influential Catholic Bishops Conference of the Philippines, the Department of Education (DepEd) is standing pat on its decision to implement sex education in the basic education curriculum of elementary and high school students this year. It seems that DepEd has found an ally in the findings from a study of Mr. Jay Mathias Arellano from the College of Education of the University of the Philippines Diliman. Through a 50-item true or false questionnaire administered to seven hundred fifty-five (755) junior and senior high school students from three public high schools, the 10 most common sexual misconceptions of students were revealed: 1. Girls should use feminine wash every day. 2.......

Words: 5356 - Pages: 22

Premium Essay

Acc 560 Course Extraordinary Success/ Tutorialrank.Com

...Sales commissions paid to sell laptop computers. 7. Electrical components used in assembling computers. 8. Wages of workers assembling laptop computers. 9. Soldering materials used on factory assembly lines. 10. Salaries for the night security guards for the factory building. The company intends to classify these costs and expenses into the following categories: (a) Direct materials, (b) Direct labor, (c) Manufacturing overhead, (d) Period costs. List the items (1) through (10). For each item, indicate the cost category to which it belongs. E1-9 E1-9 An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. E1-10 E1-10 Manufacturing cost data for Copa Company arc presented below. Case A Case B Case C Direct materials used $ (a) $68,400 $130,000 Direct labor 57,000 86,000 (g) Manufacturing overhead 46,500 81,600 102,000 Total manufacturing costs 195,650 (d) 253,700 Work in process 1/1/17 (b) 16,500 (h) Total cost of work in proems 221,500 (c) 337,000 Work in process 12/31/17 (c) 11,000 70,000 Cost of goods manufactured 185,275 (f) (i) Instructions Indicate the missing amount for each letter (a) through......

Words: 10591 - Pages: 43

Free Essay

Nioshd

...Banking Career in Bangladesh 7. Who was the finance minister of Bangladesh during the Liberation war - M.A. Mansur Ali 8. Radcliffe line- IND-PAK, 1947 [at present, Bangladesh-India] 9. Elaboration of SAPTA- SARRC Preferential Trading Arrangement 10. Where was the first tribal culture center was established in Bangladesh? তিতড়তশতর 11. Currency of Argentina- Peso 12. If you want a text in different cells which one needed??- Merging the desired cells 13. mrinmoye kon golper? Robindronath er shomapte golpo 14. Bluetooth device uses Radio frequency technology 15. Which is not a symptom that your computer is affected by virus? Fast data processing 16.Who scored highest run in the recent Bangladesh South Africa ODI? 17.Who won the COPA AMERICAN TROPHY 2015? 18 Antonym of laconic--- explained Soumya Sarkar scored a total of 205 runs in three-matches with an average of 102.50 to become the highest run-getter of the series. Banking Career in Bangladesh Math: 1) Total cost of a student trip was 2400 and all cost are equally distributed. If 10 more students added then there is a decrease of 8tk per student. Then find out how many students on that trip? 2) The average age of a class 15.8 . The average of boys 16.4 and girls 15.8. Then find out the ratio of boys and girls? 3) if X + 1/X = 3 then X^6 + 1/X^6. ???? 4) A can do a piece of work in 10 days, B in 15 days. They work together for 5 days and the rest of the work is done by C in 2 days. If they get......

Words: 4134 - Pages: 17

Free Essay

Muscles

...being a great sports leader. They must attain various major characteristics, the key four characteristics are vital in effectiveness, but all of them are still just as important. A sport leader must show objectivity, meaning that sports leader judgement of a participant should not be affected by their technical ability or emotions, these kinds of skills of making wise, fair, unbiased judgement separates good sports leaders from the very average ones. This important as participant’s need to have the confidence that they will be treated the same as everyone else ad the judged the same, so in a case no favouritism is allowed and by doing this participant’s feel equal and will enjoy the sessions knowing that any magistrate will be fair and not based of bad behaviour or other factors. So in a case kids will not feel that they are being picked on and this leaves kids feeling content and having fun with the session and the sports leader. An example would be my secondary school PE teacher, also a former sports leader, wasn’t as successful at what he does. For my PE teacher always had his unfair, biased set of judgements on each individual. If you were athletics, he would put you in the advanced group and if you were a low level performer and badly behaved, My PE teacher would treat them like amateur and in case put them into mixed group of badly behaved, disrespectful, less athletic boys, where they do very basics activities while the other elite athletes, who never disrespected......

Words: 18651 - Pages: 75

Premium Essay

Smm Marketing

...soft drink market. It is estimated that this drink is served more than one thousand million times in a day. Equally oblivious to the historic value of his actions was Frank Ix. Robinson, his partner and book keeper. Pemberton & Robinson laid the first foundation of this beverage when an average nine drinks per day to begin with, upping volumes as sales grew. In 1894, this beverage got into bottle, courtesy a candy merchant from Mississippi. By the 1950’s Colas were a daily consumption item, stored in house hold fridges. Soon were born other non- Cola variants of this product like orange & Lemon. Now, the soft drink industry has been dominated by three major player – (1) The New York based Pepsi co. Inc.(2) The Atlanta based Coca Cola co. (3) The United Kingdom based Cadbury Schweppes. Throughout the globe these major players have been battling it. Out for a bigger chunk of the ever-growing cold drink market. Now this battle has begun in India too. Inida is now the part of cold drink war. Gone are days of Ramesh Chauhan, India’s one time Cola king and his bouts of pistol shooting. Expect now to hear the boon of cannons when the Coca Cola & Pepsi co. battle it out for, as the Jordon goes a bigger share of throat. By buying over local competition, the two American Cola giants have cleared up the arena and are packing all their power behind building the Indian franchisee of their globe girdling brands. The huge amount invested in fracture has never been......

Words: 13697 - Pages: 55

Premium Essay

Delts

...that risk management is reflected in their accounts. Hedge accounting Introduction Hedge accounting impacts a vast cross section of industries including the airline industry. In addition to foreign currency, interest rate and credit risks the airline industry has to manage significant fuel price exposures. Many airlines have risk management policies that include the use of derivative financial instruments to hedge these risks. The rules-based approach under IAS 39 Financial Instruments: Recognition and Measurement has created significant difficulties for airlines. The economics of some fuel and foreign currency risk management strategies may not be reflected in the accounts under the current IFRS guidance. Many industries, including the airline industry, raised significant concerns about that. The International Air Transport Association Accounting Working Group (IAWG), in conjunction with KPMG, met with the IASB staff and Board representatives in 2010 and 2011 regarding the airline industries perspective on these issues. In response to these concerns, the IASB proposed amending IAS 39 to align hedge accounting more closely with risk management policies. These proposals were welcomed and supported by the airline industry in general and the industry body the International Air Transport Association (IATA) in particular. In September 2012, the IASB released a draft of IFRS 9 Chapter 6 Hedge Accounting which has moved to a more principles-based approach and addressed concerns of......

Words: 11825 - Pages: 48

Premium Essay

Adidas Nike Case Study

...and the brand loyalty is also growing. India is rankedthe 4th largest economy by GDP (in purchasing power parity term) and is expected to rank3rd during 2010, just being behind USA & China in footwear industry both production andconsumption. India s GDP for footwear grew at the rate of 9.4% for the year 2008 -2009 thecountry s GDP stood at Rs 54 lakh crore, translating into a per capita income of Rs 48,450,thus resulting in a compounded annual per capita income growth rate of 9.25 per centduring 1951-2009.If we analyze the consumption pattern of 70 different economies and segment them intolow-income, middle-income and high-income brackets, we will observe that consumer 5 6. spending on food, beverages and clothing & footwear account for 47 per cent, 34 per centand 22 per cent of their total consumer expenditures, respectively .India is standing on the threshold of a retail revolution and witnessing fast changing retaillandscape, with footwear market is set to experience phenomenal growth.India is the major source for supplying medium and low priced footwear and most of themanufacturers, who have outsourced their production to China are planning to outsource itto India. Some of the footwear industry who have turned to India are Adidas, Nike andPuma.INDIAN FOOTWEAR INDUSTRY The Footwear Industry is a significant segment of the Leather Industry in India. India ranks second among the footwear producing countries next to China. India produces more of gents footwear......

Words: 14002 - Pages: 57