SAP Controlling Training in Chandigarh

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.

Duration:

Weekdays (60 days) - 5 days/week

2 Hours/day – 1 Hour Theory, 1 Hour Practical

Weekends (12 weeks) - 2 days/week

4 Hours/day – 2 Hours Theory, 2 hours Practical

Course Content:

Organizational Units

  • Components of Management Accounting

Master Data

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

Event-Based Postings

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

Period-End Closing

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

Internal Orders

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

Master Data of Internal Orders

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

Event-Based Postings

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

Period-End Closing of the Internal Orders

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

Planning, Budgeting and Availability Control

  • Budgeting and Availability Control

Information System

  • Report Painter
  • Data Source

Master Data

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

Planning in Management Accounting

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

Integrated Planning Process in Management Accounting

  • Integrated Planning Cycle
  • Integration of Activity-Based Costing

Introduction to Product Cost Planning

  • Overview of Product Cost Planning

Reference and Simulation Costing

  • Costing Variant and Costing Items
  • Base Planning Objects

Material Cost Estimate without Quantity Structure

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

Preparing for Product Cost Planning

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

Material Cost Estimate with Quantity Structure

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

Profitability Management

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

New General Ledger Accounting

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

Profit Center Master Data in New General Ledger Accounting

  • Profit Center Master Data
  • Profit Center Assignments

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

Profit Center Planning in New General Ledger Accounting

  • Planning Configuration and Manual Planning
  • Integrated Planning

Structures

  • Overview of Operating Concern
  • Data Structures

Master Data

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

Actual Data  

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

Tools

  • Realignment and Customizing Monitors

Planning

  • The Profit Planning Process
  • Planning Methods

Fill Form For Free Classes