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Infocost Solution Pvt. Ltd.
IT Services and IT Consulting
Navi Mumbai, Maharashtra 1,343 followers
SAP S/4HANA Consulting Services, Implementation of SAP S/4HANA, SAP Actual Costing & Finance, India
About us
Infocost is formed with a motto to give best costing solutions to industries and businesses running on best ERP solution to the world, i.e. SAP. Infocost solution is a consulting partner for businesses to deliver business value out of the implemented SAP system in terms of contribution, optimization, efficiency in production process, consumption of input materials, monitoring of actual spending & MIS reporting. The objective of all this working is to support the management in decision making system to optimize the profitability & achieve the organizations goal. Infocost is managed by qualified professionals with very good experience in the are finance costing and SAP, we work closely with business to get the desired results from SAP implementations. Inventory Valuation in SAP, FI & COPA Reconciliation, Simplify / Automate SAP Costing, Cost Audit Report, Parallel Inventory Valuation, Funds Management, SAP Data Archiving, SAP HANA Implementation & Migration, Corporate Training in FI / CO / FM, Automation in MIS Reports, SAP Business Report, SAP Business Consulting Services, Transfer Pricing, Process Audit | Implementation of SAP S/4HANA Actual Costing/Material Ledger, SAP Finance, Material Management, Sales & Distributions
- Website
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https://www.infocost.net
External link for Infocost Solution Pvt. Ltd.
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- Navi Mumbai, Maharashtra
- Type
- Privately Held
- Founded
- 2012
- Specialties
- SAP, SAP HANA, SAP S/4HANA Implimentation, SAP Business Consulting, SAP Finance, SAP Costing, SAP Fico, Actual Costing in SAP, Profitability Analysis in SAP, SAP Experts in Mumbai, COPA, inventory valuation, FI & COPA Reconciliation, Cost Audit Report, funds management, SAP corporate training, SAP DATA ARCHIVING, MIS Report Automation, Business Consulting, and Simplify / automate costing
Locations
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Primary
Get directions
Infocost Solution Pvt. Ltd.
Office no. 509, Mayuresh Cosmos, Plot no. 37, Sector - 11, Behind IDBI bank, CBD Belapur
Navi Mumbai, Maharashtra 400614, IN
Employees at Infocost Solution Pvt. Ltd.
Updates
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Unlock everything you need for seamless SAP Costing! Contact us today to learn more. #infocostsolution #SAPcosting #Onestopsolutionforall
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Is it possible to get actual cost of our Product in SAP without getting into the complexity of Material Ledger Actual Costing??? The answer is Yes... so how to get it.. 1. Identify the total materials into levels for example RM to SFG1 to SFG2 to SFG3 and so on.. upto FG. 2. First calculate the actual cost of SFG1 based on the production order booking of the actual cost at the month end. 3. Apply the actual cost of the SFG1 to SFG2 with own cost of SFG2. 4. Apply the actual cost of SFG2 to SFG3 with own cost of SFG3 5. In some cases there are unplanned consumption of SFG1 to SFG3 as well, (not in BOM but actually consumed) in this case as well we have to consider the actual cost of SFG1 for SFG3 6. This process will go upto the final level of the product and get the actual cost of all the SFG levels and Final Finished Goods. 7. In this whole process the total actual cost computed from the SAP System will be reconciled with the Posted GL accounts and balances. 8. In this process we take care the Actual consumption of material cost + Actual Conversion cost in Production order to arrive at the level by level actual cost per unit. 9. No additional configurations or changes in system settings required for this calculation of actual costing. 10. Only the basic costing month end closing process should be in place (for example Allocation, Activity type price calculations, Revaluation and settlement of orders etc.) We have the ready-made SAP programs and templates for the above solutions of actual costing in SAP without Material ledger and actual costing. If you are really looking for hassle free and immediate solutions of actual costing please feel free to get in touch with us. Thanks Sarat Agrawal +91 96199 11664 sarat.agrawal@infocost.net
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"Discover the power of Advanced COPA Profitability in SAP. Learn how this innovative solution can help businesses gain deeper insights into profitability analysis and make data-driven decisions. Join us as we explore the features and benefits of Advanced COPA in this informative video. #SAP #profitabilityanalysis #datainsights"