Sap Co course Outline

Sap Co Course Outline 

Introduction

SAP CO module is another important SAP modules offered to enterprises. The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves methods to view and organize costs that are required for financial reporting. Controlling module enables one to plan, track, perform and report about costs. Controlling includes managing and configuring master data that covers cost elements, cost centres, profit centres, internal orders, and functional area and so on.

SAP Overview

• SAP Navigation
• Management empowered by mySAP ERP
• Management empowered by my SAP ERP Financials

Cost Center Accounting / Profit Center Accounting

• Organizational units
• Master data cost elements, cost centers, activity types and statistical key figures
• Cross-mater data functions
• Recording primary postings
• Account assignment help
• Adjustment postings
• Direct activity allocation
• Accrual calculation
• Periodic reposting
• Distribution
• Assessment
• Reconciliation ledger
• Introduction to planning in Management Accounting
• Planning methods in cost center planning
• Integrated plan allocation cycle
• Profit center master data
• Profit center assignment

Overhead Cost Order

• Real and statistical orders
• Master data maintenance
• Status management for overhead cost orders
• Transaction-based posting within and outside Management Accounting
• Commitments management
• Overhead rates on overhead cost orders
• Billing for overhead cost orders
• Budgeting and availability control

Material Cost Estimate Without Quantity Structure

• Material master– fields relevant to costing
• Single-step unit costing
• Multiple-step unit costing
• Base object costing and simulation costing

Material Cost Estimate With Quantity Structure

• Costing variant
• Cost component split
• Overhead costing sheet
• BOM
• Task list
• BOM and task list determination
• Price update
• Create costing run
• Analyses and error handling

Refined Costing Functions

• Transfer control
• Additive costs

Cost Object Accounting: Make-to-Stock Production with Periodic Controlling

• Product cost collector
• Decoupling scenarios
• Preliminary costing on cost object
• Simultaneous costing on cost object
• Period-end closing for periodic Controlling
• Cost Object Controlling: Make-to-Stock Production with Order Controlling
• Cost objects with order view
• Preliminary costing of cost objects
• Simultaneous costing
• Period-end closing with order Controlling

Cost Object Controlling: Sales-Order-Related Production

• Sales order as cost object
• Preliminary costing of sales order
• Simultaneous costing of sales order
• Delivery and billing documents
• Period-end closed with product cost by sales order

Profitability Analysis

• Structures of Profitability Analysis
• Characteristics and value fields
• Transaction data tables
• Characteristic derivation
• Valuation
• Transfer billing data
• Assessment of cost center costs
• Billing for orders

For SAP ERP Training or SAP CO Module Training please visit the links.

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SAP Controlling (CO)

SAP Controlling (CO) 

SAP CO module is another important SAP modules offered to enterprises. The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves methods to view and organize costs that are required for financial reporting. Controlling module enables one to plan, track, perform and report about costs. Controllingincludes managing and configuring master data that covers cost elements, cost centers, profit centers, internal orders, and functional area and so on.

SAP CO – Overview

SAP Controlling (CO) is another important SAP module offered to an organization. It supports coordination, monitoring, and optimization of all the processes in an organization. SAP CO involves recording both the consumption of production factors and the services provided by an organization.

SAP CO includes managing and configuring master data that covers cost and profit canters, internal orders, and other cost elements and functional areas.

The main purpose of SAP controlling module is planning. It enables you to determine variances by comparing actual data with plan data and thus enables you to control business flows in your organization.

SAP CO Tutorial – Controlling Functional Module

SAP CO (Controlling) is on the functional module and it provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all processes in an organization. This involves recording both the consumption of production factors and the services provided by an organization.

Controlling (CO) and Financial Accounting (FI) are independent components in the SAP system. The data flow between the two components takes place on a regular basis. Some of the main components of SAP CO module are

•           Cost Element Accounting

•           Cost Centre Accounting

•           Internal Orders

•           Activity-Based Costing (ABC)

•           Product Cost Controlling

•           Profitability Analysis

•           Profit Center Accounting.

Cost Element Accounting: 

Cost elements are used to update the SAP CO module records. Different types of cost elements are primary cost elements and secondary cost elements.

Cost Center Accounting:

It is used to define where the costs are incurred within the organization as per department wise. For e.g. Product departments, service departments, etc.

Product cost accounting:

It is used to calculate the cost of goods manufactured for a product. For e.g. work in process and finished goods.

Internal Orders:

It is used to view cost for specific tasks, for e.g. vehicle expenses, production order costs, etc. orders are two types i.e. real orders and statically orders.

Profitability analysis:

It is used to view analysis profitability of an organization, for e. by customer wise, sales organization wise, by plant wise, etc.

 Organizational Structure

SAP controlling sub modules Overview 

For more details about sap erp training and sap CO training please visit : www.asipt.net/saperp-training

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