Unit 5 Lesson 3

Unit 5: Lesson 3: Management Accounting

1.     Jelaskan mySAP Financials application component controlling 

       The lesson introduces the capabilities of Controlling and Enterprise Controlling, how these tools can address various industry and individual management accounting needs, and the key integration points with other SAP application areas.

2.     Jelaskan bagaimana cara pandang membagi akuntansi dari perspektif internal dan eksterneal perusahaan. 

-       The external reporting requirements are typically established by general accounting standards like GAAP or IAS, as well as by various lega requirements mandated by regulatory authorities.

-       The internal accounting perspective of an organization is not governed by formal standard, and therefore can vary by industry, or for that matter, by individual enterprise.

3.     Tujuan dari financial statement

       It divides accounting into internal and external viewpoints, CO represents the internal accounting perspective because it provides information for managers.

4.     Jelaskan FI dan CO

       - FI: financial statement required for external reporting purposes are created in FI

       - CO: component controlling that contains all accounting functions necessary for effective controlling.

5.     Jelaskan dan gambarkan component of management accounting. 

6.     Jelaskan komponed CO dan EC (enterprise controlling) terdiri dari beberapa key controlling capabilities.. apa saja? 

       - CO includes cost and revenue accounting

       - EC includes EC-PCA and EC-CS

7.     Jelaskan cost center accounting

       You use cost center accounting for controlling purposes within your organization.

8.     Jelaskan Internal orders

       You use internal orders to collect and control costs according to the job that incurred the costs.

9.     Jelaskan Activity based costing

       Activity based costing analyzes cross departmental business processes.

10.  Jelaskan Product cost controlling

       Product cost controlling calculates the costs that occur during manufacture of a product, or provision of a service.

11.  Jelaskan Profitability analysis 

       Profitability analysis the profit of loss of an organization by individul market segments.

12.  Sebutkan dua key enterprise capabilities

              - Profit Center Accounting

              - Consolidation

               

13.  Jelaskan profit center accounting 

       Profit center accounting evaluates the profit or loss of individual, independent areas within an organization.

14.  Jelaskan Consolidation 

       EC-CS provides the ability to consolidate financial data for both external (legal) and internal (profit center) accounting perspective.

15.  Jelaskan master data

       The mySAP financial controlling application carries out cost and revenue element accounting in a single controlling area only, the primary organizational element of controlling.

16.  Gambarkan organizational element in controlling

17.  Jelaskan the controlling area

       Controlling area represents a closed system used for cost accounting purposes within an organization.

18.  Jelaskan overhead cost controlling

       Overhead in planning, monitoring, control, and coordination in such areas as research and development, procurement, work scheduling, and maintenance is gaining more importance.

19. gambarkan Overhead cost controlling

20. Jelaskan cost center accounting 

       The cost center accounting component determines where costs appear in the          organization.

21. Jelaskan Internal oder

Internal order normally used to plan, collect, and settle the costs of internal jobs and tasks.

22. Jelaskan jenis-jenis internal order

       - Standard orders used only for monitoring objects in Cost Accounting

       - Productive orders that are value added, that is, orders that can be capitalized.

23. Gambarkan  internal order

24. Jelaskan activity based costing

ABC is a relatively new cost accounting menthod used by some companies to monitor costs by business process rather than cost centers.

25. Jelaskan Product cost controlling 

       Product Cost Controlling is part of mySAP Financial’s Controlling application           component    and is a tool for managing costs related to the manufacturing       process and the rendering of services.

26. Jelaskan tools product cost controlling

       - Product Cost Planning

       - Cost Object Controlling

       - Actual Costing

       - Information System

27. Jelaskan manfaat dari  product cost contro lling

       - Plan your product costs accurately

       - Compare alternative cost estimates to optimize your business decisions

       - monitor your product costs in every stage of the manufacturing process

       - carry out detailed variance analysis on each order, product, and product group

       - calculate actual costs by period

       - put alternative values on your inventory for balance sheet purposes

       - answer recurring questions on the cost of goods manufactured by plant, product   group, product, or order

       - answer one of questions about the cost of goods manufactured

28. gambarkan activity based costing.

29. Jelaskan profit center accounting 

       EC-PCA provides you with an internal view of your profitability.

30   Jelaskan Integration

       All important transactions in the controlling application appear in separate     controlling        documents.

31. Jelaskan financial accounting

       The financial accounting application area of SAP R/3 is a primary source of data for        controlling.

32. Jelaskan asset accounting 

       These expense posting to the G/L could be manual journal entries, or initiated          through        accounts payable postings, or through deprecitation posting from Asset          Accounting.

33. Jelaskan material management

       A goods issue transactions can create a cost posting in CO to whichever object is    specified.

34. Jelaskan material consumption  

35. Jelaskan production planning

       The production planning area of logistics also works very closely with controlling.

36. Jelaskan Personnel administration and payroll   

37. Gambarkan Cost and Revenue element accounting