To make sure that expenses and revenues are posted to the correct period, define accrual types to reflect the differences between financial accounting and cost accounting, and then use the report to get an overview of financial accounting and cost accounting in your company. Authorization is required for viewing this report. Use this window to […]
Articles Tagged: cost accounting
How To Use The Budget Vs. Cost Accounting Report In SAP Business One
This report provides comprehensive information on budget and cost accounting for budget relevant G/L accounts. Use the report to get information on G/L accounts for which budget amounts have been entered in the Budget Scenarios – Setup (Scenario – XXX) window. Authorization is required for viewing this report. Use this window to specify selection criteria […]
How To Use The Cost Accounting Summary Report
This report provides information on transactions related to cost accounting. Authorization is required for viewing this report. The report excludes confidential G/L accounts for users who are set as No Authorization for Access to Confidential Accounts. Use this window to specify selection criteria for the cost accounting summary report. To open the window, choose: Financials […]
How To Use The Distribution Report In SAP Business One
This report provides comprehensive information about total overhead expenses and the expenses in each cost center, according to distribution rules. Use the report to get a clear picture of overhead expenses posted by specific transactions and the distributed amounts in each cost center. Authorization is required for viewing this report. The report excludes confidential G/L […]
How To Use The Cost Center Report In SAP Business One
This report provides comprehensive information about expenses and revenues that are credited to or debited from cost centers. Use the report to analyze the financial situation of cost centers in detail. Authorization is required for viewing this report. Use this window to specify selection criteria for the cost center report. To open the window, choose: […]
What Are The Types Of Cost Accounting Reports In SAP Business One?
In SAP Business One, the following reports provide cost accounting information in your company: Cost center report – provides information about expenses and revenues that are credited to or debited from cost centers. Distribution report – provides information about total overhead expenses and the expenses in each cost center, according to distribution rules. Cost accounting […]
Working With Accrual Types
An accrual type is a set of conditions used to represent the differences between cost accounting and financial accounting. Example: The legal life of a machine is 50 years, but in the company’s point of view, the estimated useful life is 60 years. This causes the monthly depreciation expenses to be different in financial accounting […]
How To Update Distribution Rules in Accounting Documents and Manual Journal Entries In SAP Business One
An accounting document is a logistics document recording a business transaction that generates journal entries, that is, postings to accounts. If you add accounting documents or manual journal entries to SAP Business One, transaction amounts are posted to various cost centers according to the distribution rules defined for the G/L accounts. At times, you may […]
How To Define Cost Accounting Methods For G/L Accounts
SAP Business One provides two cost accounting methods: distribution rules and projects. SAP Business One provides two types of cost accounting method settings for G/L accounts: Checking the cost accounting method assignment of G/L accounts Assigning default cost accounting methods to G/L accounts Before you get started ensure that: You have defined the required projects […]
How To Display And Edit Distribution Rules In SAP Business One
Note: You can only display (not edit) a direct distribution rule that is automatically created for a cost center. You can display and edit other distribution rules. Here’s how: 1) From the SAP Business One Main Menu, choose: Financials > Cost Accounting > Distribution Rules. The Distribution Rules – Setup window appears. 2) In Find […]