SAP CO
SAP CO (Controlling) is a function which provides you with information for company management decision-making. SAP CO facilitates co-ordination, monitoring and optimization of all process in an organization.
Controlling-Sub Modules
Overhead Cost Controlling – Enables you to plan, allocate, control, and monitor overhead costs. Tracks and examines the causes of costs in the functional areas of an enterprise e.g. Cost center, Order etc
Product cost controlling – Used for calculating and evaluating the cost of goods manufactured for a product.
Profit Center Accounting – Used to calculate the profit of an area of responsibility within the organization (e.g. branch).
Refer below SAP CO training tutorial with real time controlling scenarios one by one in series.
Cost center Accounting
- Maintain Controlling Area
- Assign company code to controlling area
- Maintain Number Ranges for Controlling Areas
- Maintain versions in SAP Controlling
- Activate Components
- Maintain currency and valuation profile
- Assign Maintain currency and valuation profile to controlling area
- Create Primary Cost Elements in SAP CO
- Automatic creation of primary cost elements
- Create Secondary Cost Elements
- Create cost element group
- Create Cost Center
- Create Cost Center Group
- Cost Center hierarchy
- Create assessment cost elements
- Define Cost center categories
- Maintain settlement profile
SAP Product costing
Cost Element Accounting
Profit Center:-
- Creation of Profit Center in sap co
- Creation of Profit Center Group
- Set Control Parameters for Actual Data
- Maintain Plan versions
- Maintain operating concern
Read more for SAP FI training tutorials that explains step by step.