Batch specific units of measure- step by step configuration for Steel industry

Introduction:

In some industry sectors (for example, the pharmaceutical, chemical, steel, or paper industry sectors), the composition or attributes of products vary to some degree. Therefore, you cannot use a fixed conversion factor to convert quantities of these products into various units of measure. Instead, each batch has to be given an individual conversion factor.

This component allows you to handle materials like these throughout the entire logistics chain.

Batch specific unit of measure:

Alternative units of a material for which the conversion ratio to the base unit of measure can be defined on a batch-specific basis.

 

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Author: Raja

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How to approach multiple currencies for Net order value in PO Release strategy?

Introduction :

In PO release strategy Net order value is the main criteria to decide the release level .If company exists in multiple countries ,we have to use local currency for day to day transaction .If we use multiple currencies based on the country ,it is important to configure release strategy in such a way that it meets all the countries requirement without compromise .we could use only one currency in one characteristic (CEKKO-GNETW) and approval  limit values  vary as per the country requirement .In this regard how to approach this scenario .

 

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Integration of FI-AA with Real Estate

Asset Accounting (FI-AA) manages fixed assets on a value basis from the accounting point of view.


In Asset Accounting. You have to enter the number of the business entity as an asset group number to set up a link between the Business entity & Asset.

You categorize and structure the objects in to different asset types such as buildings, properties or assets under construction by using asset classes.

Using the asset classes, you control the calculation type for the automatic determination and posting of depreciations, interest and evaluations.

The calculation type for these values is in addition to the legally defined guidelines; it is a customer-specific value range for determining depreciations, calculating interest, insurance values or investment grants. This allows you to define the tax or balance sheet, depreciation and valuation method for internal cost accounting.

A property or building can be assigned more than one asset. To specify the account determination, you have to identify one of the assets as leading.

Customizing settings


FI-AA is activated in Real Estate Customizing
The asset class of the leading asset is set as Real estateA main usage type (for the purpose of account determination) is set for the leading asset ( Main Usage Types); the account determination for the debit position of lease-outs may depend on the main usage type; if no asset is assigned to the building or property, the main usage type is derived from the asset class of the leading asset according to the rule defined in Customizing



The Property, Building text and Main usage type fields are automatically updated under the General Data tab depending on the asset class.