HI6034 Group Assessment - Deliverable Template T2 2023 Assignment Solution

Deliverable: Financials

a. Display G/L account data 

Screen shot:

Note:

This part shows the undertaking of the finished product material process that is to be examined for the company Beach Cruiser. Here the calculation has been calculated with the help of SAP software that provides access to Financial accounting options. It helps to show how the G/L account is being created and it shows the values of financial data in the SAP. The option of choosing the required  G/L Account master data is displayed that is required to open. Then the given G/L account number must be added to the SAP. In the field of chart account information, it is required to select the “GL00-GBI global”.  Thus the account type field shows the option to select the balance sheet that is required to maintain the financials. In the text section, it is required to write the bank name along with it referring to the liquid assets. This would help to select the various identifications of the accounts that are accessed with G/L accounts. This determines that individual G/L accounts are being stated as per the chart accounts. The G/L accounts for the company consist of 9 items total here. This relates to the fact that to determine the visualization of G/L account balances it is necessary to visit the SAP Easy Access menu and select the Accounting General Ledger (Tukiainen, 2023). Here the accounting general ledger is OL. The opening balance is shown along with credit and debit variables for the account.

Deliverable: Financials

b. Answer the 5 questions

Screen shot:

Note:

This discussion of the G/L account part is considered to be very effective and supports the assumption of the SAP calculation. The above table shows the “b” part which consists of Task 1 which possesses some of the major questions from which the answers have been retrieved by performing the SAP software. The various information shows the “finished product” items and their referred Account Group that is associated with the G/L account to which it is associated. The account currency of the financial value is referred to in the information (Taher et al 2023). The difference associated with the German GBI Company Code which is DE00 and the Account GL00 is being preferred which states that the account is determined to be the balance sheet account and the details of the G/L Account and the Ledger fiscal year which is 2023 is determined for the calculation.  

The performance of the SAP would be necessary to show the US dollar is the currency shown as US00. It also indicates the fact that assumed GE00 is associated with operating finance for German-oriented companies and GL00 shows results for the US-associated companies (Wong et al. 2020). There has also been identified various associated G/L account number which indicates findings of this number from “Display G/L account” that produces the result and shows the various account name for each G/L number such as “ “Rent selling Account” and the other account “Utilities (Electricity and phone) expenses Account” for better representation of the production of goods for Beach Cruiser.

Deliverable: Procurement

a. Display a screenshot of the new supplier you have created

Screen shot:

Note:

The above snip helps to show the new supplier account and the address of the G/L account number has been created. This helps to identify the various supplying accounts and the item line. The supplier account for this has been predicted as 101904. This helps to show the online supplier transaction process accounted for a better supply of new raw materials. The company code is depicted as US-based countries. The application of the SAP software has been beneficial in determining the various factors that is associated with understanding the clear outgoing payment and the various supplier balances to represent the balancing results and post outgoing payments are effective in showing how the financial calculation is being carried out with the various suppliers (Banțăa and Boldeanua, 2020). This shows how the supply processing is being managed with the various suppliers. The company code is therefore referred to be US00 which supports financial forecats value with the various suppliers. The amount displayed for the payment of the suppliers is 7,000. The journal date refers to the showing of the present date on which the payment visibility option has been depicted in the file. The above snip also represents that verified fiscal year that is promptly helpful in promoting new supplier relationships and the payment option for the management of the materials. 

Deliverable: Procurement

b. Display a screenshot of the new material and Display the Stock Overview for your BECU1-####

Screen shot:

Note:

The above table helps to show the material identification that is presented in the SAP data. Here the material that has been preferred shows DXTR3904. The type of material used is the FERT which is preferred to be the effective finished product It shows that the US00 Global Bike Inc. which is under the stock overview shows the material to be about 11,000 and the other stocks are the MI00 DC Miami which is about 11,000 and the FG00 Finished Goods are predicted to be about 11.000. The most important thing is that the overview of the stock shows how much amount is paid to the suppliers for the stock prices (Tossavainen, 2022). The creation of bonding with the new supplier would help in more connection and this also implemented negotiation of the prices to establish a better supply chain throughout. Thus effective supply of materials with proper business financing measurement has been defined as the most important criteria for a better supplying process. Managing the stock is important for better sourcing with the suppliers and tracking the inventory expenses to minimize cost expenses.  

Deliverable: Production Planning

a. Add Work Centre (Packaging WC5-###) and provide the screenshot here

Screen shot:

Note:

Successful production planning is a foundation of business tasks, working with smoothed-out product processes and dealing with all features connected with creation. One fundamental perspective is making clients in SAP from the “deals and dispersion” bunch, a training featured by (). This underlying step lays out an establishment for the proficient creation of the board (BRANDAS et al. 2023). Hence, creating a purchase request inside SAP, complete with fastidious insights concerning materials, units, and any remaining fundamental parts, becomes instrumental in supporting the creation process. With regards to creation arranging, the essential expansion of a workplace, exemplified by “Packaging”, through SAP programming reproduction holds huge potential to upgrade producing tasks. This increase delivers a few significant advantages as follows, 

Improved Production Capacity

The presentation of a Packaging work focus addresses a vital choice that can considerably expand the production limit. This is particularly imperative while existing workplaces are working at or close to their most extreme limit (Sindhu, 2019). The fuse of this extra asset proficiently satisfies uplifted needs, guaranteeing that the organization stays versatile to fluctuating business sector necessities.

Enhanced Production

The consideration of the new Packaging work focus presents the possibility of expanding Production lines. This flexibility is a central benefit as it empowers the treatment of different product varieties or tweaked orders inside a similar production environment. Thus, the business turns out to be better prepared to take care of a more extensive range of products, falling in line with developing client requests.

Decrease of Bottlenecks

Production bottlenecks is a typical test that can block the smooth progression of tasks. The combination of the new workplace is instrumental in relieving these bottlenecks. By decisively tending to potential blockage focuses, the general Production process works consistently, bringing about diminished delays and improved adherence to conveyance courses of events.

Further developed Asset Allocation

SAP programming gives a refined stage to enhancing asset location and booking. With the presentation of the new work community, the association can productively dispense assets like work and gear, guaranteeing ideal use to meet production objectives (Odusanya, 2019). This essential asset the board straightforwardly adds to financially effective and proficient production activities.

Improved Transparency

The consistent mix of the new workplace into SAP gives constant perceivability into Production exercises. This uplifted perceivability enables associations to screen, track, and break down Production processes thoroughly. Engaging with data-driven knowledge, leaders can pursue informed decisions to improve production proficiency.

Cost Optimization

SAP’s powerful expense data collection capacities act as an important instrument for evaluating the effect of the new workplace on Production costs. By carefully analyzing cost data, associations can pinpoint opportunities for cost advancement and settle on very intellectual choices. This essential process supports the organization’s financial safety and manageability.

Quality Control

The new workplace assumes a significant part in supporting quality control during the Packaging period of Production. This outcomes in a decrease in blunders and deformities, at last upgrading the general nature of the end result. By utilizing SAP’s quality administration highlights, associations can maintain tough quality principles.

Stock Management

SAP’s stock administration module is flawlessly synchronized with the new workplace. This synchronization guarantees that the obtainment and the executives of unrefined components, Packaging materials, and completed products are done effectively and deliberately. The outcome is manageable stock tasks and increased stock precision.

Consistency and Reporting:

The execution of SAP’s announcing and consistency highlights reaches out to cover the new workplace. This extensive approach guarantees that associations stay agreeable with industry guidelines and principles (Li, 2021). It additionally works with the making of point-by-point reports, this way supporting powerful consistency.

SAP’s high-level analysis, monitoring, simulation, and request arranging abilities are additionally sustained with the option of the new work community. This essential upgrade empowers associations to create more precise conjectures and guarantees that production stays lined up with market interest, forestalling overloading or underproduction.

Deliverable: Sales and Distribution

a. Display the creation of the new customer ‘Bikes for Kids’

Screen shot:

Note:

The collective purchase orders plans for the distribution of the merchandise. The collective purchase order is the requirement of the recipient that exists in the system of the sales orders and it is the order of the supplier (Mühlbauer, 2023). The following distribution data is kept secret in the system and people can use this to control and distribute the merchandise of the recipient. The distribution data is kept secret in the system. The integration part is awesome in the sap. The sales orders are kept rightly in this function and the warehouse orders are the inclusion part of the SAP software and it generates some purchase orders and it also orders something for the component to use this effect and generation of the collective purchase has been ordered with the SLS system (VIOREL-COSTIN, 2019). The sales order process has been done. The issue document that exists in the warehouse for the purchase orders is considered as procurement and the task is already completed and the selection procedure is like a logistics execution and it also meets the following conditions and it  also delivers the multiple partial deliveries. The issue documentary items are not related to the batches and it is assigned as the special stock for the delivery groups and it also works with the relevant issues. The sales order number in this case is 1678. 

Deliverable: Sales and Distribution

b. Display a screenshot of the invoice

Screen shot:

Note:

The above figure displays the invoice of the items and the amounts and their billing information reflected in the above figure. This is one of the most important and essential parts of a business sales procedure. 

The above figure reflects the document flow of the procedure. The above figure displays the sales procedure accurately and perfectly.