Controlling (CO) is the term by which SAP refers to Managerial Accounting. The Organizational Elements in CO are Operating Concern, Controlling Area, and Cost Centers. Hence, the SAP CO Module helps management by providing reports on cost centers, profit centers, contribution margins, profitability, etc. It focuses on internal users, in contrast to SAP FI which focuses on data drawn for external reporting. The transactions posted in FI are transferred to CO for cost accounting processing, analytical reporting, and audit-controlling spectrum. There can be either a one-to-one relationship or there can be one-to-many relationship between Controlling Areas Verses Company Codes. Hence, CO becomes the governing module that oversees the consolidation of costing data whereby management can derive their perspectives for analysis. To get best SAP Controlling Training in Chandigarh, join GB training & placement centre today!

Course content

Chapter 1. Organizational Units

• Components of Management Accounting

Chapter 2. Master Data

• Cost Centers
• Cost elements
• Activity Types
• Statistical key figures
• Global Functions For Master Data

Chapter 3. Event-Based Postings

• Entering Primary Postings
• Reports in Cost Center Accounting
• Account Assignment Tools
• Adjustment postings
• Direct Activity Allocation

Chapter 4. Period-End Closing

• Accrual Calculation
• Entering Statistical Key Figures
• Periodic Reposting
• Cost Allocations
• Reconciliation Ledger
• Period Lock

Chapter 5. Internal Orders

• Overview
• Using Overhead Orders
• Real and Statistical Orders
• The Different Scenarios for Internal Orders

Chapter 6. Master Data of Internal Orders

• Master Data Maintenance
• Status Management for Overhead Cost Orders
• Grouping and Collective Processing

Chapter 7. Event-Based Postings

• Event-Based Postings Within and Outside Management
• Accounting
• Commitment Management

Chapter 8. Period-End Closing of the Internal Orders

• Periodic Debit Postings
• Periodic Credit Postings
• Settlement: Special Subjects

Chapter 9. Planning, Budgeting and Availability Control

• Budgeting and Availability Control

Chapter 10. Information System

• Report Painter
• Data Source

Chapter 11. Master Data

• Controlling Area Settings
• Master Data
• Profit Center Assignment
• The New General Ledger

Chapter 12. Planning in Management Accounting

• Introduction to Planning
• Planning Options in Overhead Management Accounting
• Master Data for Management Accounting

Chapter 13. Integrated Planning Process in Management Accounting

• Integrated Planning Cycle
• Integration of Activity-Based Costing

Chapter 14. Introduction to Product Cost Planning

• Overview of Product Cost Planning

Chapter 15. Reference and Simulation Costing

• Costing Variant and Costing Items
• Base Planning Objects

Chapter 16. Material Cost Estimate without Quantity Structure

• Material Master
• Unit Cost Estimates
• Enhanced Efficiencies for Multi-Level Unit Cost Estimates

Chapter 17. Preparing for Product Cost Planning

• Costing Variant
• Cost Component Split
• Overhead Costing Sheet
• Allocating Process Costs to a Product

Chapter 18. Material Cost Estimate with Quantity Structure

• Basics of Material Costing with Quantity Structure
• Material Cost Estimate
• Prices in Material Master

Chapter 19. Profitability Management

• Overview of Profitability Management
• Profitability Analysis and Profit Center Accounting
• Objects and Aspects in Profitability Management

Chapter 20. New General Ledger Accounting

• New General Ledger Accounting – Basic Information
• Global Settings in New General Ledger Accounting for Profit Centers

Chapter 21. Profit Center Master Data in New General Ledger Accounting

• Profit Center Master Data
• Profit Center Assignments

Chapter 22. Actual Postings in Profit Center Accounting in New General Ledger Accounting

• Profit Center Update: Overview
• Integration with Asset Accounting
• Data Flow from Materials Management
• Data Flow from Cost Object Controlling
• Transfer from Sales and Distribution
• Allocations in Profit Center Accounting

Chapter 23. Profit Center Planning in New General Ledger Accounting

• Planning Configuration and Manual Planning
• Integrated Planning

Chapter 24. Structures

• Overview of Operating Concern
• Data Structures

Chapter 25. Master Data

• Introduction to Characteristic Derivation and Valuation
• Characteristic Derivation
• Valuation

Chapter 26. Actual Data  

• Flow of Actual Data
• Integration with Sales Order Management
• Transfer of Overhead
• Direct Postings
• Value Flow from Cost Object CO

Chapter 27. Tools

• Realignment and Customizing Monitors

Chapter 28. Planning

• The Profit Planning Process
• Planning Methods