SAP CO Controlling (beginner to guru)

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

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 centers, 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 (Controlling) is a function which provides you with information for company management decision-making. SAP CO facilitates co-ordination, monitoring and optimization of all process in an organization.

The SAP CO module facilitates planning, recording, and tracking of business transactions. It also includes methods of monitoring and managing costs required for financial reporting. In other words, it deals with the coordination, optimization, and monitoring of all the business processes within the organization. Controlling also helps monitor internal costs within the organization and is, therefore, a management resource that lets the business stakeholders evaluate how well the business is doing. The purpose of the FI and CO modules is similar; however, SAP FI is used for external reporting, while SAP CO is used for internal reporting of profit and loss statements and balance sheets.

This SAP CO tutorial is designed from basics, so that every beginning learner can easily learn SAP CO module and get trained in controlling module. Learn SAP CO module step by step from basics to advanced concepts with real time controlling project scenarios. The controlling module helps one to schedule, monitor, execute, and report on costs. Controlling involves managing and configuring typical master data such as cost elements, cost centers, profit centers, internal orders, functional areas, and many more.

Get a Uplatz issued course completion Certificate at the end of the course.

• SAP Controlling (basic to advanced) Certification Training - Course Syllabus - download

SAP Controlling (basic to adv) – course curriculum

Controlling Basic settings

1. Define Controlling Area
2. Define Number Range for Controlling Area
3. Maintain Planning Version

Cost Element Accounting

1. Creation of Primary Cost Element from FI
2. Creation of Primary Cost Element from CO
3. Default Account Assignment
4. Creation of Activity Type
5. Creation of SKF

Cost Center Accounting

1. Cost Center Standard Hierarchy
2. Creation of Cost Center & Cost Center Groups
3. Posting to Cost Centers
4. Re-posting of CO line items
5. Planning of Cost Centers
6. Overhead Calculation
7. Period End closing activities in cost center accounting – Assessment, Distribution, Periodic Re-posting , Activity Allocation

CO Integration with Production planning

BOM, Routing, Work Center MRP Run

Multi Level Product Cost Controlling

1. Introduction to Product Cost Controlling
2. Data Flow in Product Costing
3. Cost Objects
4. Define Cost Sheet
5. Product Cost Planning
6. Cost Estimate with Quantity Structure
7. Work in Progress Calculation
8. Standard Product Cost calculation
9. Actual Product Cost Calculation
10. Settlement of Variance to Accounts

Unit Cost Estimate

1. Base Planning Object
2. Material Cost Estimate without Quantity Structure

Product Cost Planning with Quantity Structure

1. Creation of Bill of Material
2. Define Overhead Keys
3. Creation of Activity Type Master Records
4. Planning for activity hours
5. Activity type price calculation
6. Creation of work center master records
7. Creation of Routing
8. Define Cost Sheet
9. Assignment of Cost sheet to costing variant
10. Creation of cost estimate with quantity structure
11. Marking
12. Releasing
13. Creation of Cost Estimate without quantity structure
14. Collective cost estimate

CO-PA- Profitability Analysis

Account based COPA

Costing Based COPA

1. Introduction to Profitability analysis
2. Data Flow in Profitability Analysis
3. Maintaining the operating concern
4. Assignment of Controlling area to operating concern
5. Activating the profitability analysis
6. Define number ranges for actual postings
7. Mapping of SD conditions types to COPA value fields
8. Maintain characteristics
9. Maintain Value Fields
10. Define Profitability segment characteristics
11. Maintain Characteristics
12. Define Characteristics Derivation
13. Define and Assign Valuation strategy
14. Define Keys for accessing material cost estimates
15. Assign costing keys to any characteristics
16. Assign Value Fields
17. Define Number Ranges for Planning Data
18. Maintain Versions
19. Assign Quantity Fields
20. Define PA Transfer Structure
21. Direct Posting from FI/MM
22. Value Flow from Cost Center to COPA
23. Value Flow from Internal Order to COPA
24. Value Flow from Production Order to COPA
25. COPA Summarization

Internal Orders

1. Use of Internal Order Types
2. Settlement Profile
3. Planning Profile
4. Budget Profile
5. Tolerance for Budgeting and availability control
6. Order Types
7. Real Orders and statistical Orders
8. Creation of secondary cost elements for Internal and External settlement
9. Planning for Internal Orders
10. Entering Budget Information
11. Actual Data posting
12. Displaying Internal Order information
13. Displaying Budget control availability
14. Internal Order to AUC settlement
15. AUC to Asset Settlement
16. Internal Order with Investment management
17. Information Reports
18. Settlement of Real Internal Orders to Cost Centers

Profit Center Accounting

1. Basic settings for Profit Center Accounting
2. Creation of Profit Centers
3. Maintenance of control Parameters for Actual Postings
4. Maintaining planning versions for profit centers
5. Maintaining the number ranges for profit center documents
6. Creation of profit center master records
7. Display of profit center master records
8. Automatic Assignment of Revenue elements for Profit Centers
9. Assignment of profit centers in cost center master records
10. Creation of account groups in profit center accounting for planning
11. Planning for profit and loss account items
12. Planning for balance sheet items
13. Posting of transactions into profit centers
14. Generating the variance reports for profit and loss account items
15. Generating the variance reports for balance sheet items
16. Derivation rules creation for revenue elements
17. Derivation rules creation for Balance Sheet accounts
18. Document Splitting

Product Cost BY Order

1. Define Costing Variant
2. Check Costing Variant to Manufacturing Orders
3. Define Goods Received Valuation for Order Delivery

Work in Process Calculation

1. Define Result Analysis Keys
2. Define Cost Elements for WIP Calculation
3. Define Result Analysis Versions
4. Define Valuation Methods ( Actual Cost)
5. Define Line IDS
6. Define Assignments
7. Define Update
8. Define Posting Rules for Setting work in Process

Variance Calculation

1. Define Variance Keys
2. Define Default variance Keys for Plants
3. Define Target Cost Version
4. Assign Variance Key in Material Master

Settlement

1. Create Settlement Profile
2. Create PA Transfer Structure
3. Maintain Number Ranges for Settlement Documents

Actual Costing with Material Ledger

1. Activate Valuation Areas for Material Ledger
2. Assign Currency Types to Material Ledger Type
3. Assign Material Ledger Types to Valuation Area
4. Maintain Number Ranges for Material Ledger Documents
5. Activate Actual Costing
6. Assignment of Accounts for Automatic Posting

Anyone who wants to make a successful SAP career

Passion and determination to achieve your goals!

• SAP CO Consultant
• SAP FICO Consultant/Manager
• SAP Finance Controlling Analyst
• Systems Accountant SAP
• Principal FICO Consultant S/4HANA
• SAP Demand Manager (FICO)
• SAP Finance Business Analyst
• Solutions Architect - SAP FICO
• SAP Finance Consultant
• SAP FICO Functional Business Analyst
• SAP FICO Architect
• SAP FI Super User
• SAP FICO Career Track
• Financial Analyst
• Finance Director
• Chartered Accountant

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Certificate of completion

Digital certificate - Included