SAP CO (Controlling) Course

Uplatz offers this comprehensive course on SAP Controlling (CO). It is a self-paced course with video tutorials. You will be awarded Course Completion Certificate at the end of the course.

SAP CO (Controlling) is a module within the SAP ERP system that focuses on internal reporting and monitoring of costs and operations. It provides tools for planning, reporting, and monitoring operations, helping organizations ensure cost efficiency and financial control.

1. Cost Tracking and Allocation: Enables tracking and allocation of costs to different cost centers, internal orders, and cost objects to understand the financial impact of business processes.

2. Cost Center Accounting: Allows organizations to manage and control costs at various levels such as departments, units, or processes within an organization.

3. Profitability Analysis (CO-PA): Provides tools to analyze the profitability of various business segments (e.g., products, customers, regions) based on different dimensions.

4. Internal Orders: Facilitates tracking of specific projects or internal activities by assigning costs to internal orders, which can be used for budgeting and controlling.

5. Activity-Based Costing (ABC): Helps allocate indirect costs to specific activities based on the resources consumed, improving the precision of cost allocation.

6. Variance Analysis: Supports the analysis of variances between actual costs and planned costs, helping businesses identify deviations and manage financial performance.

7. Cost Object Controlling (COC): Focuses on controlling costs related to specific cost objects such as products, services, or projects.

8. Budgeting and Planning: Allows businesses to set up budgets for cost centers, internal orders, and other business activities to track actual performance against forecasts.

9. Transfer Pricing: Supports the calculation and documentation of transfer prices between different business units, ensuring fair internal transactions.

10. Profit Center Accounting: Tracks and evaluates the financial performance of different profit centers (business units) within the organization.

11. Overhead Cost Controlling: Helps allocate overhead costs to different cost centers, ensuring that indirect costs are accurately distributed.

12. Reports and Analytics: Provides comprehensive reporting tools to analyze and visualize financial data, assisting decision-making and financial planning.

SAP CO is crucial for organizations to maintain financial discipline, optimize costs, and improve profitability by providing detailed visibility into internal financial operations.

Reed courses certificate of completion

Digital certificate - Included

Uplatz Certificate of Completion

Digital certificate - Included

• SAP Controlling (CO) - all lectures 3:28:08

  • 1: Part 1 - SAP CO Introduction and Basic Configuration 12:02
  • 2: Part 2 - SAP CO Introduction and Basic Configuration 39:42
  • 3: Create Cost Element (Cost Element Accounting - Cost Center Accounting) 43:03
  • 4: Create Internal Order 59:58
  • 5: Profit Center Accounting 53:23

Course Description: This comprehensive course provides a deep dive into SAP Controlling (CO), a core module within the SAP ERP system. Participants will gain a solid understanding of management accounting principles and their practical application in SAP CO. The course covers cost element accounting, cost center accounting, internal orders, product costing, profitability analysis, and more. Through hands-on exercises and real-world examples, participants will learn how to effectively manage costs, track profitability, and support decision-making within an organization.

Target Audience:

• Aspiring and current SAP CO Consultants
• Management Accountants and Financial Analysts
• Professionals involved in cost accounting and controlling
• Anyone seeking expertise in SAP CO

Course Outline:

Module 1: Introduction to SAP CO

• Overview of SAP ERP and its modules
• Role of Controlling in an organization
• Key processes within SAP CO (Cost Element Accounting, Cost Center Accounting, Internal Orders, Product Costing, Profitability Analysis)
• Integration of SAP CO with other modules (FI, MM, PP, SD)
• Navigation and basic functionalities of SAP GUI

Module 2: Cost Element Accounting

• Cost elements and cost element categories (primary, secondary)
• Cost element groups and hierarchies
• Planning and budgeting of cost elements
• Cost allocation methods
• Reporting and analysis of cost elements

Module 3: Cost Center Accounting

• Cost centers and cost center hierarchies
• Activity types and statistical key figures
• Cost allocation and distribution
• Cost center planning and budgeting
• Cost center reporting and analysis

Module 4: Internal Orders

• Internal order types and categories
• Planning and budgeting of internal orders
• Settlement of internal orders to cost centers or other receivers
• Reporting and analysis of internal orders

Module 5: Product Costing

• Costing methods (standard costing, actual costing)
• Cost components and cost component structures
• Material costing and production order costing
• Cost estimates and variances
• Work in process (WIP) calculation
• Settlement of production orders

Module 6: Profitability Analysis (CO-PA)

• Operating concern and profitability segments
• Characteristics and value fields
• Data flow and integration with other modules
• Profitability reports and analysis
• Customizing CO-PA for specific requirements

Module 7: Advanced Topics

• Profit Center Accounting:
  • Profit centers and profit center hierarchies
  • Profitability analysis by profit center
  • Transfer pricing
• Project System (PS):
  • Integration of CO with PS for project costing
• Material Ledger:
  • Actual costing and material valuation
  • Multi-currency and parallel valuation

Everyone

Passion and determination to achieve your goals!

• SAP CO Consultant
• SAP FICO Consultant
• SAP Finance Consultant
• SAP CO/FICO Analyst
• SAP FICO Implementation Specialist
• SAP FICO Project Manager
• SAP CO/FICO Solution Architect
• SAP FICO Business Analyst
• SAP FICO Support Consultant
• SAP CO Manager
• SAP FICO Lead
• SAP CO/FICO Trainer
• SAP FICO Functional Consultant
• SAP FICO Integration Consultant
• SAP CO/FICO System Administrator
• SAP FICO Reporting Specialist

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