FI-COPA Reconciliation in SAP
- The Reconciliation of FI profit and Costing profit (in COPA) considered to be the most important achievement in SAP S/4 HANA Simple Finance, However we have achieved the same in ECC system as well without HANA system.
- Once the FI and COPA are reconciled then only the COPA profitability reports can be leveraged for Management reporting and decision making purpose.
- For FI we create a separate report which will reconcile with reported numbers.
- For COPA we create similar report in FI to reconcile.
For further reding, please click the link given below.
For further details and an in-depth guide, please download the SAP FI-COPA Reconciliation PDF/PPT Tutorial given below.
COPA reports are very helpful for Management decision making for example;
Customer wise Profitability | Product wise Profitability |
---|---|
Total contribution: 27.55 Cr | Total contribution: 27.55 Cr |
90% of total contribution: 25 .00Cr | 90% of total contribution: 25 Cr |
Total no. of customers: 129 | Total no. of products: 169 |
Total no. of customers: 129 | Products for 90% cont.: 32 |
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Objective:
- Identification of key customers & products
- Increase contribution by constant monitoring on key customers and products,
- Improve sales to key customers
- Improve production & sale of key products
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For further details and correspondence for SAP FI-COPA Reconciliation, please send an inquiry to Infocost.