How does SAP FICO integrate with Production Planning (PP) for WIP?
In the industrial sector, "Work in Progress" (WIP) is an important accounting measure. It is a measure of the value of raw material as well as labor and overheads that are on the floor of the factory that haven't yet been converted into finished goods. Within SAP to calculate this number accurately requires seamless exchange of data with production planning (PP) and Financial Accounting and Controlling (FICO).
If you're taking in the Sap Fico Class in pune understanding this integration is essential. While a majority of students are focused on General Ledger entries, the main benefit of a consultant is the ability to manage an efficient "Plan-to-Produce" process.
https://www.sevenmentor.co...
In the industrial sector, "Work in Progress" (WIP) is an important accounting measure. It is a measure of the value of raw material as well as labor and overheads that are on the floor of the factory that haven't yet been converted into finished goods. Within SAP to calculate this number accurately requires seamless exchange of data with production planning (PP) and Financial Accounting and Controlling (FICO).
If you're taking in the Sap Fico Class in pune understanding this integration is essential. While a majority of students are focused on General Ledger entries, the main benefit of a consultant is the ability to manage an efficient "Plan-to-Produce" process.
https://www.sevenmentor.co...
8 hours ago