Transparent Product Costs: Material Ledger Introduction to Actual Calculation and Parallel Valuation

Client profile

Global manufacturer of precision optical devices; complex and multi-stage manufacturing processes, international currency transactions.

Project type

Implementation

,

Process optimisation

,

SAP-Modules

ECC

,

FI/CO

,

Material Ledger

,

Thanks to S4Digit, we have achieved a new era of cost clarity in our complex manufacturing. The material ledger solution is perfectly integrated.

01.
The Challenge

Requirement for a precise actual calculation of production costs (actual costing). A parallel currency valuation was also necessary to comply with international accounting standards.

02.
The Solution

S4Digit advised in the FI/CO area with a focus on Material Ledger. Design and implementation included actual calculation and parallel currency valuation (material ledger in ECC)

03.
The Result

Achieving 100 percent transparency of product costs on an as-is basis. The parallel currency valuation ensures international compliance and improves the basis for decision-making in price and product management.

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