Increase costing accuracy and time to reconcile freight invoices

This built in extension works directly in SAP Business ByDesign to automate your organization's landed costs and freight invoice reconciliation. Starting with the Purchase Order creation all the way to the Supplier Invoice.

Overview

Increase inventory valuation accuracy

With this add-on, your business users can automatically apply accruals when product is received and help with making this business process more efficient.

Provides automation and reconciliation of freight invoice

Once the actual freight invoice is received, the reconciliation screen confirms accrued amounts are correct and then the freight invoice is generated off actuals. This is all done within the same Business Object to provide efficiency for users.

Increase Cost of Goods Sold and Valuation Accuracy

Applying the accrual when product is received updates the product valuation in real time, so you can have a better understanding of your on-hand inventory.

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Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry, Consumer Products, Industrial Manufacturing, Wholesale Distribution, Life Sciences

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

SAP Business ByDesign

Features

Processes Journal Entry from Global Settings

With this Add-on your business users can set the Global Settings in the set-up activity which sets the guidelines for Journal Entry postings based on Chart of Accounts and General Ledger Accounts

Processes Journal Entry from Global Settings
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Provides an overview of Accrual Reconciliation

Once the Inbound Processing is finished. Business users can navigate to the Accrual Reconciliations work center view to Invoice the freight. This provides an overview where you can create the Journal Entry Voucher and Supplier Invoice.

Provides an overview of Accrual Reconciliation
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Updates the Product Valuation in real time

When product is received and set as Moving Average this process updates the product valuation in real time. Users can navigate to Inventory Valuation to see the Cost History.

Updates the Product Valuation in real time
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Plans and pricing

All plans include:

Includes Unlimited UsersIncrease inventory valuation accuracyAutomation and reconciliation of freight invoiceIncrease COGS and valuation accuracy

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Technical Information

Solution type Extensions and Add-ons
Category Enterprise Resource Planning
Industry Cross-Industry, Consumer Products, Industrial Manufacturing, Wholesale Distribution, Life Sciences
Works with

SAP Business ByDesign

Resources

SAP Business ByDesign Landed Cost End-to-End - Video

SAP Business ByDesign Landed Cost Set-up - Video

NBS Planned Landed Cost Value Add - SOP

Landed Cost SOP

Publisher