ERP Costing Data Preparation

This processing segment is used to calculate invoice amounts in the supplier’s transaction currency. Thus, any payment and/or accounting difference would be reflected in cost or income changes in the transaction currency.

This section contains the following functions:

Convert Invoices to Global Currency

This Conversion function ensures that any differences calculated in transaction currency are converted into the global currency. In this way, the amounts can be reported at group level.

Include FX Gains/Losses

This Join function is used to combine data from FX changes with manufacturing data input to proceed with the transfer pricing process. The effects of the FX changes are then visible in the other processing segments.