Events

Ask A Fixer: Gain better Visibility of Inventory Costs within your ERP System

Apr 27, 2017 | 1:00 PM1:59 PM CDT
Online
Included with membership

Host­ed by ERPfixers

In the stan­dard ERP sys­tem it is dif­fi­cult to find reports that give you a mul­ti­di­men­sion­al view of your inven­to­ry costs. Many cus­tomers down­load the infor­ma­tion to Microsoft Excel or use exter­nal report­ing tools such as BI to do the analy­sis. There is noth­ing wrong with these options, but some­times they lead to rec­on­cil­i­a­tion errors (in the case of Excel) or real­time update issues (in the case of BI). With the Mate­r­i­al Ledger Acti­vat­ed and by uti­liz­ing an enhanced report, there are sev­er­al report­ing options that will give you a more gran­u­lar view of your inven­to­ry values.

Attend this live Q&A with two experts, Paul Ovigele and Roge­rio Faleiros, where you can learn the following:

  • How to cre­ate drill­down reports in Mate­r­i­al Ledger
  • How to view inven­to­ry costs, such as begin­ning and end­ing inven­to­ry, receipts and con­sump­tion by cost com­po­nents (such as Raw Mate­ri­als, Labor, Over­head, Freight, etc.) for mul­ti­ple materials
  • How to track inven­to­ry turnover on a peri­od­ic basis
  • How to view inven­to­ry costs accord­ing to dimen­sions such as mate­r­i­al group, prof­it cen­ter, prod­uct hier­ar­chy, etc.
  • How to view stan­dard and actu­al cost com­po­nents for your inven­to­ry bal­ance sheet accounts
  • How to view the released costs of mul­ti­ple mate­ri­als for mul­ti­ple periods

Speak­ers:

Paul Ovigele, FI/CO Expert, Author: 100 Things You Should Know About Finan­cial Accounting”

Roge­rio Faleiros, FI/CO Expert, Author: Con­fig­ur­ing Con­trol­ling in SAP ERP”