Cost of Goods Sold and Inventory Value

Hi
I am looking to setup KPI for Inventory Turns in BI. This needs "Cost of Goods Sold" and "Inventory Value" for Orders for a Plant.
I wanted to know if this information is directly available in any standard extract or do I need to write a Custom Extract for this. I did try searching for this but not able to find this information directly. Do I need to derive the information from some other Key Figures?
TIA
Abhishek

COGS Value we are getting for the COGS GL Account from FIGL. We are using the extract 0FI_GL_4 and then from the DSO 0FIGL_O02
Inventory value we are taking from the Cube 0IC_C03. Please note that the Transformations to the DataSource 2LIS_03_BX, 2LIS_03_BF and 2LIS_03_UM are available in the latest Patch 11 for BI Content 703 and should be used instead of the old Transfer Rule/Update Rule.
Regrads
Abhishek

Similar Messages

Account Based COPA Cost of goods sold and Revenue Split

Dear Experts,
We are using account based copa in a automobile company.
As per the requirement when a car is sold, depending on the customer request the car goes for a conversion. like adding Radio, Seat cover, etc
As per our setup we have different profit centers for vehicle and Parts(radio, seat cover etc) and in this case radio, seat cover, etc are the classes of the material vehicle(not separate material).
After the vehicle conversion there is a sales order raised which goes to profit center derived from vehicle material master.
As per the reporting requirement I need to spit the Cost of good sold and revenue by vehicle profit center and parts profit center for COPA reporting purpose
Is there any way to do this in standard SAP? Or I need an exit?
Appreciate your response and please let me know in case of any clarification.
Many thanks
Roy
Edited by: roy001 on Aug 4, 2011 4:52 PM

For those who may need an answer to this, our solution was the following:
1)       Created new types for SO, SO Item, Sched. Line, Delivery, Delivery Item, Billing type
2)       Created new Pricing procedure
3)       Created new movement type Y61/Y62 modeled after 601/602
4)       Mapped Y61/Y62 to account modifier ZAX.
5)       Mapped GBB/ZAX to the new account.
Benefits, they now have better view of the orders going inter-company. It is flexible enough to adjusting prices for intercompany separate from standard orders, even though for now it is a straight copy of cost. They are able to remove the sales/use tax, from the calculations. They are able to plan with these orders separated out. Plus, this will standardize their process for inter-company.
Hope this helps someone.
Cheers!
Rick

Good receipt and Inventory value

I have a material which need's to be received in liters but valued in IU for inventory and payables.
IU value is not known at the time of good receipt.
There is a time lag to determine the IU value. Is it possible to get my inventory numbers based on IU when the IU values is known. There is no standard conversion for liter vs IU. Each receipt may be different. How should this be handled?

Hi Elam24,
I have checked fs00. and for Cost cneter it's already Optional Entry.
HI Rajesh Satope,
yes i have checked the cost center and the cost center should not be used. so how to change the cost center, so when i created GR system will not send an error for this material.
NOTE : when i do GR for another material. it goes fine.
Hi Bijay Kumar Barik,
Thanks. it work. GR related to Cost Center from GL Account. and like Rajesh Satope said. "There are cases where some accounts do require a assignment to CO object". and to Change the cost center for certain GL Account(in my case it's Gl Account for Cost Difference) use T-Code KA03 at Tab Default Account Assignment. change the Cost Center and it's work :).
Thanks.

Cost of price difference and cost of goods sold

Dear All,
I got the explanation from forum :
The price variance differences are posted per purchased item which are used in making the material to be sold. this difference rolls to the COS line, but not the COGS account.
May I know what is the difference of cost of goods sold and cost of sales. Both also cost, cost of goods sold is inventory turned to cost upon goods sold whereas cost of sales, to me, can be indirect cost.
Any help to further explain of COS in relation to price variance?
Thanks

Hi
In SAP there is a concept of COGS, but there is no concept of COS.. COS is more of a accounting terminology,... There are different schools of thought on COS/... Some companies treat COS = COGS + Selling overhead...
With Material Ledger, the variances of components purchased can be rolled up to the Header Material which consumes them.... If this header mat is consumed in further processes, the consumption can also be revaluated.... Going So on and so forth, you can also revaluate the COGS of the final material....
Simply said, when variances are rolled up, you can revaluate the inventory... If the inventory is consumed before revaluation, then you can revaluate Consumption / COGS....
Hope this helps
Regards
Ajay M

Cost of Goods Sold Turnover Ratio query

Has anyone written a Cost of Goods Sold Turnover ratio query? The formula would be Cost of goods sold/(beginning inventory+ending inventory/2) within a specified date range at the item key level.
Thank you for any assistance
Gary

Hi Gary,
We, at our end have scheduled a PROFITABILITY STATEMENT on a monthly basis to management.
The logic behind that is as follows :
we batch manage the items on first in first out basis.
By designing view for GRPO and corresponding batch related tables we retrieved the GRN information with the batches created in system and joined them with sale related information from within another view.
So our management is getting item group wise and batch wise profitability for a particular period.
let me know if you want those views.
thanking you
Malhaar

Sap cost of goods sold

Hai sap masters,
I want to ask couple of questions, In integration fi with sd, while delivery the entry is cost of goods should be debit and finished goods should be credit.
so , i want to know where we configured the cost of goods sold and the finished goods.could u please tell this issues.could u please tell this issues
Thanks
mohammed

GO to OBYC and maintain the GL a/c as under -
1. Finished Goods - Select Transaction BSX and maintain GL a/c against Finished Goods valuation class.
2. COGS - Select Transaction GBB and maintain VAX in General modification column then maintain Finished Goods valuation class in valuation class column and then maitain relevant GL a/c in Debit and credit column.
Regards,
Vinay

Cost of Goods sold value problem

Dear all,
In a Make To Stock, material use "Moving average" case.
For example
1-Sep: Moving avg = $30
15-Sep: Sales & PGI (A)
30-Sep: Moving avg = $70
30-Sep: Sales & PGI (B)
First of all, I expect the Cost of goods sold for Sales & PGI (A) should be $30, and $70 for (B).
Is that correct?
However, now I have all the Sales & PGI entries created on 30-Sep,
And the posting date is controlled by the Actual GI Date in the Delivery.
And I found that both PGI value became $70!!!
Could anyone explain that to me??? Or could anyone provide me a solution to this?
Many Thanks!
Best regards,
Chris

PLease check this SAP note. I think this will solve your problem
The following example should demonstrate how such prices can come about. The main cause of the steep rise in the price is that a posting, the value of which is externally predefined, results in a stock quantity which is close to zero. Furthermore, goods receipts exist which are valuated with the current moving average price since no external amount is specified.
Example:
Overview:
                                  Quantity        Value    MAP
(1) Initial stock:                0 items        0.00 $   200.00 $
(2) GR for 1st purchase order: +1500 items +300,000.00 $
    Stock after (2)            1500 items 300,000.00 $   200.00 $
(3) GR for 2nd purchase order: +1500 items +330,000.00 $
    Stock after (3)            3000 items 630,000.00 $   210.00 $
(4) GI for the delivery:       -2849 items -598,290.00 $
    Stock after (4)              151 items   31,710.00 $   210.00 $
(5) Reversl of 150 itms from (1)-150 items -30,000.00 $
    Stock after (5)                1 item    1,710.00 $1,710.00 $
(6) Inventory difference        +150 items +256,500.00 $
    Stock after (6)              151 items +258,210.00 $ 1,710.00 $
(7) Reversl of 150 itms from (1)-150 items -30,000.00 $
    Stock after (7)                1 item +228,210.00 $ 228,210.00 $
Detail:
1. In the following, say for material X price control 'V', the moving average price is 200.00 $ and the current entire valuated stock is 0 items.
Assume you have a purchase order of 1500 items at 200.00 $ each. Moreover, 10 partial goods receipts are now posted for each of 150 items for this purchase order, so that material X then has a total stock of 1500 items with a value of 300,000.00 $.
2. Another purchase order now exists of 1500 items at 220.00 $ each. Here also, 10 partial goods receipts are posted for each of 150 items goods receipt. As a consequence, material X now has a total stock of 3000 items with a value of 630,000.00 $. The moving average price is thus 210.00 $.
3. Now let's look at a delivery of 2849 items. This is valuated as follows using the logic of the quantity to be posted * total value / total stock. This leads to a total stock of 150 items with a value of 31,710.00 $. This does not affect the moving average price, and thus remains 210.00 $ also after the posting.
Now consider the following postings:
4. You reverse the first goods receipt under 1. This reversal would valuate the goods receipt of 150 items with a value of 30,000.00 $. As a result Material X after posting has a total stock of 1 item with a value of 1,710.00 $. The moving average price would thus already be 1,710.00 $.
5. There is now an inventory difference of 150 items without entering an external amount. This posting is valuated with the moving average price and leads to a stock quantity of 151 items with a stock value of 258,210.00 $.
6. You now enter another reversal for one of the partial goods receipts cited under 1. This then is valuated again with a price of 200.00 $. This results in the material having a stock of 1 item with a value of 228,210.00 $.
If you now repeat transactions/events 6 and 7, you can imagine that the moving average price grows rather quickly.
Solution
This effect is both from a business and accounting point of view the logical result if there are a lot of goods receipts which have to be valuated with the moving average price and goods issues which in contrast to this are posted with an externally predefined amount.
You can determine tolerance limits for the moving average price variances in Customizing (Transaction: OMC0). Further information can also be found in the R3 guide: MM - Invoice verification and material valuation.

Cost of Goods Sold Value

Hello,
In our material master, neither Moving Average price nor Standard price is maintained,But while doing PGI it is taking value of Cost goods Manufactured from costing Sheet.
Pls help me to know,how this value gets determined during PGI and procedure to capture this cost of Goods manuf. in condition type in a sales order.
Regards
Amit
Edited by: Amit Gupta on Mar 23, 2009 5:40 AM

Hello Lakshmipathi ,
Yes, Our is Make to Order Scenario.Pls help us to determine this cost in Sales order after costing Run.
In EK02 we can capture Cost of Goods Sold,But i want to capture Cost of Goods Manufactured.
Thanks for your prompt response.
Regards
Amit

Query about Inventory Cost of Goods Sold Account Generator WF Customization

Hi
We are trying to Customize the 'Inventory Cost of Goods Sold Account Generator' workflow for our client in Oracle Applications 11.5.10 instance.
We have successfully uploaded the modified workflow and changed the GL Account Generator Process to point to the Custom Workflow.
Database is bounced after this change, but the changes are not taking effect.
Any help in this matter would be greatly appreciated.
Thanks and Regards

Hi,
You shouldn't need to bounce the database for any changes to take affect (although if you were experiencing the "existing state of the packages has been discarded" error then it would clear that).
Switch on debugging so that the workflow is persisted rather than being run in forced synchronous mode, and then see what route the process is taking. If you open the workflow from the database via workflow builder, are you seeing the correct version?
HTH,
Matt
WorkflowFAQ.com - the ONLY independent resource for Oracle Workflow development
Alpha review chapters from my book "Developing With Oracle Workflow" are available via my website http://www.workflowfaq.com
Have you read the blog at http://www.workflowfaq.com/blog ?
WorkflowFAQ support forum: http://forum.workflowfaq.com

Report which can give Inventory cost & Cost of Goods sold

We need to track below information for each material
- Previous Month Inventory
-Current Month's Cost of Goods sold
Then we calculate
Financial Days on Hand = Previous Month Inventory / Current Month's Cost of Goods sold / Working Days
Any SAP Reports which can give this information

Hi,
I m not sure whether single report could suffice your requirement.
this is just a suggestion.
please run the MC.9 report and switch it into the monthwise.
you will get the inventory monthwise but this could mean you have to run it multiple times if you need for each material monthwise. but at least try this for one material and check.
for the COGS for this month you need to know how many deliveries are made and then sum up those materialwise. you can check sales reports on this and you might get the details. then you can apply your formula.
in case you dont want to do this then you need to create Z/Y report with the help of ABAPer. here i will suggest you to call the std reports and then display them into a ALV grid with your layout.
regards,
Adwait Bachuwar

How to add inventory when inbound individual purchasing, not Cost of goods sold?

Hi, Experts,
I'd like to add inventory when inbound individual purchasing for sales order.
Usually it adds cost of goods sold, but for client requirement, i hope i can change it to inventory instead.
I've seen some description how to do it before, but i can't find it now...
Could you help me or tell me where the description is?
Thanks in advance.

are you eventually looking for this one: Valuated Sales Order Stock Configuration - ERP Financials - SCN Wiki

How to post cost of goods sold to io per functional area and account determ

1. We create a sales order with reference to a revenue IO with functional area ABC01.
2. We create a delivery document on the sales order and goods issue XYZ.
3. We expect the cost of goods sold for the coal to hit an existing IO with functional area ABC02 based on account determination for XYZ.
4. Instead we see both the revenue and the COGS hitting the revenue IO on the Sales roder.
5. For now, the accountants responsible for those companies have been making journal entries all along to correct the postings.
Please advise what needs to be done for step 3 to happen so that the extra step 5 need not be done.
(IO - internal order)
Thanks,
Venkat

What is the IO you have assigned in the Sales Order please?
Just check the Sales Order - Account assignement, so that you can able to change if there is a different IO.
System won't pick up IO automayically until unless you secify in Sales order to done OKB9 settings.
Chek the above
Thanks

SAP report with sales (invoices) and cost of goods sold

Is there standard SAP report that would show list of invoices, the materials sold, and the cost of goods sold (for how much they were bought)?

Dear sapfan22222222
If it is a one time activity, the please do the following.
SE11 , put the table VBRK and execute (you may use selection criteria like DATE o BILLING DATE if there is any specific data which you are trying to extract.)
VBRK-VBELN will give you the list of invoices.
You can download the same into spreadsheet.
Now copy the VBELN entries from the spreadsheet and put it in SE11 of VBRP as VBELN.
VBRP-MATNR will give you the material sold.
Download the same into 2nd spreadsheet
your cost of goods sold will be coming in the pricing procedure against any condition type.
So in VBRK which you have extracted earlier, you will find VBRK-KNUMV
Put that KNUMV in KONV table (put KSCHL= your condition type which shows the cost of goods sold).
Download that also as a spreadsheet.
Now you may combine these 3 spreadsheet with the help of someone who is an expert in excel and get the required data.
(BILLING NO FROM FIRST EXCEL , MATERIAL FROM 2ND EXCEL AND COST OF GOODS SOLD FROM 3RD EXCEL)
Check and revert back.
Thanks & Regards,
Hegal K Charles

OM:Cost of Goods sold work flow customization to take it from concerned off

OM:Cost of Goods sold work flow customization to take it from concerned office in the place of inventory org

Yes FOX can be difficult to achieve things that are simpler than simple
The way you described, it will only search fo a standard price on the same currency.
Try to set the currency as changeable characteristic and then search prices for each possible currency.
standard price value = {standard price, currency1} + {standard price, currency2} etc..
The possible currencies could also be filled in a variable which is read at runtime.
Don't know an easier way!
Regards,
Beat

Receiving Error Message : Cost Of Goods Sold Account Generation Failed

Hi All,
We need some assistance with this issue...for a given item when the Customer RMA order Line is being received into a given organization/sub inventory/locator we are getting this error message in the Receiving Transactions Interface ( RTI ) as mentioned below.
Cost Of Goods Sold Account Generation Failed with error :RVTII-030: Subroutine rvtiicreate() returned error
Cause: Subroutine rvtiicreate() returned an internal error.
We checked for this item in the organization the Cost of Goods Sold Account has been defined in the Costing Tab in the Item-Org Assignment and this GL account is also enabled on the GL side and is Active.
The scenario is like this :
1. Firstly this item is shipped out on an Outbound order line to the customer location and we checked for the valid Sales Order Issue transaction against this item for this order. We checked for its Inventory Distributions as well.. these look to be valid.
It shows : Inventory valuation account is decremented while the Deferred Cogs of Goods Sold account is incremented.
2. Then this item is being entered on Return order line and after booking the order line . It goes to Awaiting Return status. Next the user tries to attempt the Receipt for the Customer RMA order line for this item we are getting the error mentioned below in the RTI tables :
Cost Of Goods Sold Account Generation Failed with error :RVTII-030: Subroutine rvtiicreate() returned error
Cause: Subroutine rvtiicreate() returned an internal error.
Coudl someone please assist us with this issue as this is happening in Production instance ..that would be very helpfull of you..
This is an urgent issue
thanks

Hi,
Standard workflow "OM : Generate Cost of Goods Sold Account" has following steps:
1/ Start generating Code Combination
2/ Get CCID for a line
3/ Copy Values from Code Combination
4/ Validate Code Combination
5/ End generating Code Combination
If I want to modify the segment4, the custom function to set the attribute FND_FLEX_SEGMENT4 need to be inserted just after the step "Copy Values from Code Combination" (NOT just after "Get CCID for a line").
Is it what you have done?
J.

Cost of Goods Sold and Inventory Value

Similar Messages

Maybe you are looking for