Description
A warm welcome to the SAP Controlling (CO) course by Uplatz. SAP CO (Controlling) is a key SAP module that supports coordination, monitoring, and optimization of all processes in an organization. SAP CO involves recording both the consumption of production factors and the services provided by an organization. It includes managing and configuring master data that covers cost and profit centers, internal orders, other cost elements and functional areas. The main purpose of SAP CO module is planning. CO enables you to determine variances by comparing actual data with plan data and thus helps you to control smoothly the business flows in your organization. Both SAP CO and SAP FI modules are independent components in an SAP system and data flow between these components takes place on a regular basis. Data flows relevant to cost flow into Controlling module from Financial Accounting. At the same time, the system assigns the costs and revenues to different CO account assignment objects, such as cost centers, business processes, projects or orders. In essence, the SAP Controlling module provides information to managers & decision makers to understand where the company's money is being spent. While the purpose of SAP FICO is to help companies generate and manage financial statements for analysis and reporting and help with effective business planning and decision-making, the SAP CO module within FICO focuses more narrowly on planning and monitoring costs. SAP CO comprises of sub-modules that handle specific processes: Cost Elements provide an overview of all the company's costs and revenues based on profit and loss statements, which are also known as income statements. Cost element accounting describes the origin of the costs, and the cost elements represent specific costs that the company incurs. Cost Centers deal with the costs associated with the company's internal divisions or departments, such as sales, production, marketing or human resources. Cost Centers involves only expenses, not revenues. Profit Centers handle all of the cost data related to the company's business lines. It deals with both expenses and revenues, unlike Cost Centers, which deals only with expenses. For example, a global consumer products company may use Profit Centers for health products, soaps and detergents, cosmetics, food and beverages, and so on. Internal Orders are used to manage the costs for smaller internal projects or non-fixed assets - for example, a limited-time marketing campaign. Profitability Analysis enables the company to analyze the profitability of its products. For example, Profitability Analysis can be useful for making decisions on matters like product pricing, distribution channels, or target market segments. It also allows levels of detail in analyzing profitability, such as for each region or country, product types and distribution channels, down to individual customer profitability. Product Costing manages the data about costs required to produce the company's goods and services. Product costing analysis can help manage manufacturing costs and optimize efficiencies. This SAP CO training by Uplatz focuses on providing comprehensive knowledge of SAP Controlling concepts with live examples and scenarios. SAP CO training will help you master the functionalities and configurations available within SAP CO module. Uplatz's SAP CO course will help you gain sufficient knowledge to appear in SAP CO Certification exam and apply for jobs in SAP Controlling area. SAP Controlling course curriculum1. Controlling Basic settingsa) Define Controlling Areab) Define Number Range for Controlling Areac) Maintain Planning Version2. Cost Element Accountinga) Creation of Primary Cost Element from FIb) Creation of Primary Cost Element from COc) Default Account Assignmentd) Creation of Activity Typee) Creation of SKF3. Cost Center Accountinga) Cost Center Standard Hierarchyb) Creation of Cost Center & Cost Center Groupsc) Posting to Cost Centersd) Re-posting of CO line itemse) Planning of Cost Centersf) Overhead Calculationg) Period End closing activities in cost center accounting - Assessment, Distribution, Periodic Re-posting, Activity Allocation4. CO Integration with Production planning5. BOM, Routing, Work Center MRP Run6. Multi-level Product Cost Controllinga) Introduction to Product Cost Controllingb) Data Flow in Product Costingc) Cost Objectsd) Define Cost Sheete) Product Cost Planningf) Cost Estimate with Quantity Structureg) Work in Progress Calculationh) Standard Product Cost calculationi) Actual Product Cost Calculationj) Settlement of Variance to Accounts7. Unit Cost Estimatea) Base Planning Objectb) Material Cost Estimate without Quantity Structure8. Product Cost Planning with Quantity Structurea) Creation of Bill of Materialb) Define Overhead Keysc) Creation of Activity Type Master Recordsd) Planning for activity hourse) Activity type price calculationf) Creation of work center master recordsg) Creation of Routingh) Define Cost Sheeti) Assignment of Cost sheet to costing variantj) Creation of cost estimate with quantity structurek) Markingl) Releasingm) Creation of Cost Estimate without quantity structuren) Collective cost estimate9. CO-PA Profitability AnalysisAccount based COPACosting Based COPAa) Introduction to Profitability analysisb) Data Flow in Profitability Analysisc) Maintaining the operating concernd) Assignment of Controlling area to operating concerne) Activating the profitability analysisf) Define number ranges for actual postingsg) Mapping of SD conditions types to COPA value fieldsh) Maintain characteristicsi) Maintain Value Fieldsj) Define Profitability segment characteristicsk) Maintain Characteristicsl) Define Characteristics Derivationm) Define and Assign Valuation strategyn) Define Keys for accessing material cost estimateso) Assign costing keys to any characteristicsp) Assign Value Fieldsq) Define Number Ranges for Planning Datar) Maintain Versionss) Assign Quantity Fieldst) Define PA Transfer Structureu) Direct Posting from FI/MMv) Value Flow from Cost Center to COPAw) Value Flow from Internal Order to COPAx) Value Flow from Production Order to COPAy) COPA Summarization10. Internal Ordersa) Use of Internal Order Typesb) Settlement Profilec) Planning Profiled) Budget Profilee) Tolerance for Budgeting and availability controlf) Order Typesg) Real Orders and statistical Ordersh) Creation of secondary cost elements for Internal and External settlementi) Planning for Internal Ordersj) Entering Budget Informationk) Actual Data postingl) Displaying Internal Order informationm) Displaying Budget control availabilityn) Internal Order to AUC settlemento) AUC to Asset Settlementp) Internal Order with Investment managementq) Information Reportsr) Settlement of Real Internal Orders to Cost Centers11. Profit Center Accountinga) Basic settings for Profit Center Accountingb) Creation of Profit Centersc) Maintenance of control Parameters for Actual Postingsd) Maintaining planning versions for profit centerse) Maintaining the number ranges for profit center documentsf) Creation of profit center master recordsg) Display of profit center master recordsh) Automatic Assignment of Revenue elements for Profit Centersi) Assignment of profit centers in cost center master recordsj) Creation of account groups in profit center accounting for planningk) Planning for profit and loss account itemsl) Planning for balance sheet itemsm) Posting of transactions into profit centersn) Generating the variance reports for profit and loss account itemso) Generating the variance reports for balance sheet itemsp) Derivation rules creation for revenue elementsq) Derivation rules creation for Balance Sheet accountsr) Document Splitting12. Product Cost by Ordera) Define Costing Variantb) Check Costing Variant to Manufacturing Ordersc) Define Goods Received Valuation for Order Delivery13. Work in Process Calculationa) Define Result Analysis Keysb) Define Cost Elements for WIP Calculationc) Define Result Analysis Versionsd) Define Valuation Methods (Actual Cost)e) Define Line IDSf) Define Assignmentsg) Define Updateh) Define Posting Rules for Setting work in Process14. Variance Calculationa) Define Variance Keysb) Define Default variance Keys for Plantsc) Define Target Cost Versiond) Assign Variance Key in Material Master15. Settlementa) Create Settlement Profileb) Create PA Transfer Structurec) Maintain Number Ranges for Settlement Documents16. Actual Costing with Material Ledgera) Activate Valuation Areas for Material Ledgerb) Assign Currency Types to Material Ledger Typec) Assign Material Ledger Types to Valuation Aread) Maintain Number Ranges for Material Ledger Documentse) Activate Actual Costingf) Assignment of Accounts for Automatic Posting
