Financials Expert Posts New Article - "Use the Indirect Activity Allocation Cycle to Calculate and Post Sender Activity Quantities" in SAP system
The indirect activity allocation cycle can be useful for allocating activity costs from one cost center to another. When it is difficult to determine how much activity to post from one cost center to another, you can use a method that involves the automatic calculation of activity quantities. Understanding how to set up the master data defining the allocation cycle is the key.
- Boston, MA-NH (1888PressRelease) February 24, 2011 - SAPexperts announces new article, "Use the Indirect Activity Allocation Cycle to Calculate and Post Sender Activity Quantities" available in their Financials Expert knowledgebase.
The article focuses on the indirect activity allocation cycle and how it can be useful for allocating activity costs from one cost center to another. The indirect activity allocation cycle provides a method for automating the calculation of the quantities to allocate to the receiver cost centers based on weighting factors defined in the cycle. When it is not easy to determine the activity quantity to post in the sender cost center, the indirect activity allocation cycle is used to determine both the sender activity quantities and the allocated quantities based solely on receiver activity posted in the receiver cost center. Screen shots and step by step explanations are featured in this instructional article to ensure a full understanding of how to use the indirect activity allocation cycle.
It is essential for companies to be able to understand how to set up the master data defining the allocation cycle, as it will prove to have many benefits to business processes. Bob Croce, product director of SAPexperts states, "This article deals with the indirect activity allocation cycle and the steps businesses need to take to execute it successfully in the SAP system."
The article is written by John Evanoff, Director, Hitachi Consulting, and Tom King, Senior Business Analyst, Milliken and Co. The article abstract is located at http://financialsexpertonline.com/article.cfm?id=5658.
About the Authors:
John Evanoff
John Evanoff is a director at Hitachi Consulting. He has 15 years of experience in SAP Financials with a focus on the controlling modules. He spent 20 years working in downstream petrochemical operations as an accounting manager and cost accountant. He holds a BS degree in accounting from Oklahoma State and is a certified management accountant.
Tom King
Tom King is a senior business analyst with Milliken and Company, a large textile and chemical company based in South Carolina. He has implemented various manufacturing, planning and scheduling, and product costing systems. He has vast experience in SAP controlling with a focus on product costing. Tom holds a BA degree from Northwestern University.
About SAPexperts
SAPexperts consist of nine online knowledgebases produced by WIS Publishing - the leading independent provider of publications and educational events focused on SAP technology. The nine SAPexperts knowledgbases consist of Financials Expert, BI Expert, SCM Expert, HR Expert, CRM Expert, GRC Expert, Solution Manager Expert, Project Expert, as well as SAP Professional Journal. Access to the SAPexperts knowledgebases is obtained on an annual subscription basis. More information can be found at www.sapexperts.com.
About WIS Publishing
WIS Publishing is the premier independent provider of SAP training materials, with more than 250,000 customers in 61 countries. WIS Publishing is the publisher of SAPinsider, insiderPROFILES, and the SAPexperts publications, and is the producer of the SAPinsider conferences and the Insider Learning Network. For more information, visit http://www.insiderlearningnetwork.com.
SAP is a registered trademark of SAP AG in Germany and several other countries. WIS Publishing is not affiliated with SAP AG or any of the SAP AG group of companies
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