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“To recommend best costing practice in SAP, review of the existing business process and costing process is essential. It involves actual costing with material ledger and providing standard costing solutions.”
“It involves measuring budget vs. actual profitability reporting on daily, mothly, quarterly and annual basis. It is done at the time of contract or sales order in dimension of a product or customer.”
“Activity Based Costing is more accurate costing methodology. It focuses on Indirect costs (overheads) and makes indirect expenses direct. Activities in ABC is same as business processes in SAP.”
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