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Incorporate the Benefits of Activity-Based Costing into the Efficiencies of Your SAP R/3 System Given SAP's dominance in the enterprise resource planning (ERP) market, many companies and their managers encounter SAP AG applications in some form or another.

As the growth of the Internet and other factors shift power to consumers, there is relentless pressure on corporations to keep prices low. Increasingly, corporations rely on "margin management" as well as supply chain management to maintain competitiveness and raise profits.

The hype and benefits of Activity-Based Costing have been difficult and expensive for small and medium-sized businesses to realize. This practical, do-it-yourself guide shows how both manufacturing and service companies can implement ABC without the expense of an outside consultant and without dismantling their current cost information systems.

This practical guide provides successful strategies and practical tips for the implementation of activity-based management (ABM), a discipline that focuses on the management of activities as the route to improving the value received by the customer and the profit achieved by providing value.

In today's high-pressure business climate, a successful business or corporation must have a solid budget and accounting system which can support their long-term corporate goals.

Three things can happen when establishing a product price. A price set too high is a lost sale that could have been profitable at a lower price. A price set too low is rewarded with unprofitable work. Only when a price is set appropriately does a company make both a sale and a profit.