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Explaining Scenarios in Production Accounting
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Outlining the Correspondence between Production Scenarios, Controlling Objects, and Master Data
Identifying the Different Production Scenarios and their Prerequisites
Identifying the different business needs of analysis in Production Accounting
4 min
Considering the Lot-Based Production (Make-To-Stock Scenario)
4 min
Considering the Repetitive Production (Make-To-Stock Scenario)
4 min
Considering the Sales-Order-Related Production (Make-To-Order Scenario)
4 min
Considering the Project-Related Production (Engineer-To-Order Scenario)
4 min
Quiz
Outlining the Correspondence between Production Scenarios, Controlling Objects, and Master Data
Discovering Product Cost Analysis by Order in Lot-Based Production (Make-To-Stock Scenario)
11 min
Discovering Product Cost Analysis by Period in Repetitive Manufacturing (Make-To-Stock Scenario)
11 min
Discovering Sales-Order-Related Production (Make-To-Order Scenario)
11 min
Discovering Project-Related Production (Engineer-To-Order Scenario)
11 min
Highlighting the Different Principles of Production Costs (Period-End closing or Event-Based production costs)
11 min
Highlighting the Impact of Universal Parallel Accounting (UPA) on Production Scenarios
6 min
Quiz
Outlining the MTS Production Process Steps and their Depiction in Production Accounting by Production Order
Outlining the MTS Production Process Steps
11 min
Detailing a Production Order
11 min
Valuating Resource Consumption (goods, labor)
21 min
Detailing Error Handling for Calculations of Overhead, Work in Process, or Variance
11 min
Quiz
Identifying the Different Production Scenarios and their Prerequisites
Identifying the different business needs of analysis in Production Accounting
4 min
Considering the Lot-Based Production (Make-To-Stock Scenario)
4 min
Considering the Repetitive Production (Make-To-Stock Scenario)
4 min
Considering the Sales-Order-Related Production (Make-To-Order Scenario)
4 min
Considering the Project-Related Production (Engineer-To-Order Scenario)
4 min
Quiz
Outlining the Correspondence between Production Scenarios, Controlling Objects, and Master Data
Discovering Product Cost Analysis by Order in Lot-Based Production (Make-To-Stock Scenario)
11 min
Discovering Product Cost Analysis by Period in Repetitive Manufacturing (Make-To-Stock Scenario)
11 min
Discovering Sales-Order-Related Production (Make-To-Order Scenario)
11 min
Discovering Project-Related Production (Engineer-To-Order Scenario)
11 min
Highlighting the Different Principles of Production Costs (Period-End closing or Event-Based production costs)
11 min
Highlighting the Impact of Universal Parallel Accounting (UPA) on Production Scenarios
6 min
Quiz
Outlining the MTS Production Process Steps and their Depiction in Production Accounting by Production Order
Outlining the MTS Production Process Steps
11 min
Detailing a Production Order
11 min
Valuating Resource Consumption (goods, labor)
21 min
Detailing Error Handling for Calculations of Overhead, Work in Process, or Variance
11 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 8 right to pass this unit.
1.
What kind of views do the different ledgers provide Universal Parallel Accounting (UPA)?
Choose the correct answer.
Legal view and Group view
Profit Center view and Group view
Legal view and Profit Center view
Legal view, Profit Center view, and Group view
2.
What are the two approaches offered with the recommended scope item 3F0 Event-Based Production Cost Posting to perform the WIP or variance calculations?
There are two correct answers.
Settlement based on business events (Event-Based Order with Event-Based Production Cost Posting (primary approach))
Manual Settlement (Event-Based Order with Manual Settlement (alternative approach))
Period-End Closing Settlement
3.
In lot-based production (MTS scenario), what serves as the cost object?
There are two correct answers.
Sales orders
Production order
Customer invoice
Process order
4.
Which of the following master data are needed for repetitive manufacturing (MTS scenario)?
There are four correct answers.
Master recipe
Product cost collector
Routing
Work centers
Manufacturing order
Production version
5.
Which accounting principles can be supported by Universal Parallel Accounting (UPA)? Codes are given as examples.
Choose the correct answer.
Only group accounting principle (IFRS)
Group accounting principle (IFRS) and local accounting principle (GAAP)
Tax accounting principles
Only local accounting principle (GAAP)
6.
Which statements referring to project-related production (ETO scenario) are correct?
There are two correct answers.
When the ordered quantity is produced, it is delivered to the sales order stock
The sales order item is a cost object
During production costs are collected on a process order
When the ordered quantity is produced, it is delivered to the project stock
The production costs are additionally reflected in the assigned project in real-time
7.
Which of the following master data are needed for sales-order-related production (MTO scenario)?
There are three correct answers.
Production version
Material master record
Process order
Production order
Bill of material (BOM)
Product cost collector
8.
Which production accounting method is used in project-related production (ETO scenario)?
Choose the correct answer.
Product cost by period
Product cost by order
9.
Which production accounting method is used in lot-based production (MTS scenario)?
Choose the correct answer.
Product cost by period
Product cost by order