Primary vs Secondary Cost Elements in SAP: ECC vs S/4HANA Explained

Welcome to another informative video in our Overhead Cost Management series. Today, I explain the critical differences between primary and secondary cost elements in SAP, comparing the functionalities in ECC and S/4HANA. This video aims to summarize and expand upon concepts discussed in previous videos, providing a clearer understanding of cost distribution and cost assessment in SAP.
We'll explore how primary and secondary cost elements are used in financial accounting and internal cost allocations, respectively, and how these elements have evolved from SAP ECC to SAP S/4HANA. The integration in S/4HANA simplifies the reconciliation process, enhancing efficiency and transparency in financial reporting.
🔹 Example Included: Practical demonstration using an electricity invoice allocation scenario.
🔹 Upcoming Video Teaser: A full demo on SAP S/4HANA 2022, including a third type of P&L account - non-operating expenses/revenues.
👉 Stay tuned for more insights and don't forget to subscribe for regular updates on SAP processes.
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#SAP #ECC #S4HANA #CostManagement #FinancialAccounting #Controlling #ERPSystems

[@Yass15685]

keep it up buddy

[@AbdullahGalal]

Yass.. man it's so good to hear from you! :)

[@ameytikale9141]

Nice explanation... one question of secondary cost elements are now GL account then how these can be excluded from Financial statement... who would be the methodology

[@danielvalles7179]

Please excuse my ignorance but will a TS410 S4/Hana certification help me get an End User role such as purchasing or inventory management? Or is the TS410 S4 Hana more for consulting roles?

[@dearloop1513]

Do u provide a coaching for HANA FINANCE

[@pavankumar-zd9sy]

Hello sir I have a query related to the delivery date in PO. The po was created( 20.11.2023) but there is no PR & Agreement in this PO only info record is there and it's delivery date in PO is 21.11.2023 that means one day difference . There is another PO created on 22.11.2023 but now the delivery date is 29.11.2023 which means 7days difference is there and for this Info record is there and both POs supply plant & receiving plant same except material, it was plant to plant transfer.. Why system is calculating delivery date in two different ways??? What is the true calculation of delivery date?? Note: this pos are created through batch job Note: I have checked material master and in both supply and receiving plants and info record as well at all the places planned delivery days is 1. If planned delivery date is 1 then how system is calculating 7 days for one po??? There were no any manual changes in past.

[@AlokKumar-ib2xl]

Non operating expenses????? What is that??

[@alkaline4784]

HI Which membership allows to access full SAP HANA?

[@AbdullahGalal]

Hi alkaline, I don't provide S4HANA system access yet, hope to be able to provide this service soon

[@alkaline4784]

I am asking abiut full topics of Hana.I am a gold member.Can I get all couse video ?

[@alkaline4784]

I am asking about membership which contains full videos couse of Hana.I have taken Gold Membership till now.

[@AbdullahGalal]

You're a gold member so you have access to all the member videos that are available on the channel. you can see the full list of member videos here kzbin.info/aero/UUMO3-XsUbadfy__sc1kM2jiaw There are no videos outside KZbin

[@alkaline4784]

@@AbdullahGalal Thank you!!

[@alkaline4784]

Plz reply