SAP Controlling (CO) Certification Training

A heat welcome to the SAP Controlling (CO) course by Uplatz.

SAP CO (Controlling) is a key SAP module that helps coordination, monitoring, and optimization of all processes in a company. SAP CO includes recording each the consumption of manufacturing components and the providers offered by a company. It contains managing and configuring grasp knowledge that covers value and revenue facilities, inside orders, different value parts and useful areas.

The predominant goal of SAP CO module is planning. CO lets you decide variances by evaluating precise knowledge with plan knowledge and thus lets you management easily the enterprise flows in your group.

Both SAP CO and SAP FI modules are unbiased elements in an SAP system and knowledge circulation between these elements takes place regularly. Data flows related to value circulation into Controlling module from Financial Accounting. At the identical time, the system assigns the prices and revenues to completely different CO account project objects, equivalent to value facilities, enterprise processes, initiatives or orders.

In essence, the SAP Controlling module offers info to managers & determination makers to grasp the place the corporate’s cash is being spent. While the aim of SAP FICO is to assist firms generate and handle monetary statements for evaluation and reporting and assist with efficient enterprise planning and decision-making, the SAP CO module inside FICO focuses extra narrowly on planning and monitoring prices.

SAP CO includes of sub-modules that deal with particular processes:

Cost Elements present an summary of all the corporate’s prices and revenues based mostly on revenue and loss statements, that are also referred to as earnings statements. Cost component accounting describes the origin of the prices, and the fee parts characterize particular prices that the corporate incurs.

Cost Centers take care of the prices related to the corporate’s inside divisions or departments, equivalent to gross sales, manufacturing, advertising or human assets. Cost Centers includes solely bills, not revenues.

Profit Centers deal with the entire value knowledge associated to the corporate’s enterprise traces. It offers with each bills and revenues, not like Cost Centers, which offers solely with bills. For instance, a world shopper merchandise firm might use Profit Centers for well being merchandise, soaps and detergents, cosmetics, meals and drinks, and so forth.

Internal Orders are used to handle the prices for smaller inside initiatives or non-fixed property — for instance, a limited-time advertising marketing campaign.

Profitability Analysis allows the corporate to research the profitability of its merchandise. For instance, Profitability Analysis might be helpful for making selections on issues like product pricing, distribution channels, or goal market segments. It additionally permits ranges of element in analyzing profitability, equivalent to for every area or nation, product sorts and distribution channels, right down to particular person buyer profitability.

Product Costing manages the information about prices required to provide the corporate’s items and providers. Product costing evaluation may also help handle manufacturing prices and optimize efficiencies.

This SAP CO coaching by Uplatz focuses on offering complete data of SAP Controlling ideas with stay examples and eventualities. SAP CO coaching will provide help to grasp the functionalities and configurations accessible inside SAP CO module. Uplatz’s SAP CO course will provide help to acquire ample data to look in SAP CO Certification examination and apply for jobs in SAP Controlling space.

SAP Controlling course curriculum

1. Controlling Basic settings

a) Define Controlling Area

b) Define Number Range for Controlling Area

c) Maintain Planning Version

2. Cost Element Accounting

a) Creation of Primary Cost Element from FI

b) Creation of Primary Cost Element from CO

c) Default Account Assignment

d) Creation of Activity Type

e) Creation of SKF

3. Cost Center Accounting

a) Cost Center Standard Hierarchy

b) Creation of Cost Center & Cost Center Groups

c) Posting to Cost Centers

d) Re-posting of CO line objects

e) Planning of Cost Centers

f) Overhead Calculation

g) Period End closing actions in value middle accounting – Assessment, Distribution, Periodic Re-posting, Activity Allocation

4. CO Integration with Production planning

5. BOM, Routing, Work Center MRP Run

6. Multi-level Product Cost Controlling

a) Introduction to Product Cost Controlling

b) Data Flow in Product Costing

c) Cost Objects

d) Define Cost Sheet

e) Product Cost Planning

f) Cost Estimate with Quantity Structure

g) Work in Progress Calculation

h) Standard Product Cost calculation

i) Actual Product Cost Calculation

j) Settlement of Variance to Accounts

7. Unit Cost Estimate

a) Base Planning Object

b) Material Cost Estimate with out Quantity Structure

8. Product Cost Planning with Quantity Structure

a) Creation of Bill of Material

b) Define Overhead Keys

c) Creation of Activity Type Master Records

d) Planning for exercise hours

e) Activity kind value calculation

f) Creation of labor middle grasp information

g) Creation of Routing

h) Define Cost Sheet

i) Assignment of Cost sheet to costing variant

j) Creation of value estimate with amount construction

ok) Marking

l) Releasing

m) Creation of Cost Estimate with out amount construction

n) Collective value estimate

9. CO-PA Profitability Analysis

• Account based mostly COPA

• Costing Based COPA

a) Introduction to Profitability evaluation

b) Data Flow in Profitability Analysis

c) Maintaining the working concern

d) Assignment of Controlling space to working concern

e) Activating the profitability evaluation

f) Define quantity ranges for precise postings

g) Mapping of SD situations sorts to COPA worth fields

h) Maintain traits

i) Maintain Value Fields

j) Define Profitability section traits

ok) Maintain Characteristics

l) Define Characteristics Derivation

m) Define and Assign Valuation technique

n) Define Keys for accessing materials value estimates

o) Assign costing keys to any traits

p) Assign Value Fields

q) Define Number Ranges for Planning Data

r) Maintain Versions

s) Assign Quantity Fields

t) Define PA Transfer Structure

u) Direct Posting from FI/MM

v) Value Flow from Cost Center to COPA

w) Value Flow from Internal Order to COPA

x) Value Flow from Production Order to COPA

y) COPA Summarization

10. Internal Orders

a) Use of Internal Order Types

b) Settlement Profile

c) Planning Profile

d) Budget Profile

e) Tolerance for Budgeting and availability management

f) Order Types

g) Real Orders and statistical Orders

h) Creation of secondary value parts for Internal and External settlement

i) Planning for Internal Orders

j) Entering Budget Information

ok) Actual Data posting

l) Displaying Internal Order info

m) Displaying Budget management availability

n) Internal Order to AUC settlement

o) AUC to Asset Settlement

p) Internal Order with Investment administration

q) Information Reports

r) Settlement of Real Internal Orders to Cost Centers

11. Profit Center Accounting

a) Basic settings for Profit Center Accounting

b) Creation of Profit Centers

c) Maintenance of management Parameters for Actual Postings

d) Maintaining planning variations for revenue facilities

e) Maintaining the quantity ranges for revenue middle paperwork

f) Creation of revenue middle grasp information

g) Display of revenue middle grasp information

h) Automatic Assignment of Revenue parts for Profit Centers

i) Assignment of revenue facilities in value middle grasp information

j) Creation of account teams in revenue middle accounting for planning

ok) Planning for revenue and loss account objects

l) Planning for stability sheet objects

m) Posting of transactions into revenue facilities

n) Generating the variance reviews for revenue and loss account objects

o) Generating the variance reviews for stability sheet objects

p) Derivation guidelines creation for income parts

q) Derivation guidelines creation for Balance Sheet accounts

r) Document Splitting

12. Product Cost by Order

a) Define Costing Variant

b) Check Costing Variant to Manufacturing Orders

c) Define Goods Received Valuation for Order Delivery

13. Work in Process Calculation

a) Define Result Analysis Keys

b) Define Cost Elements for WIP Calculation

c) Define Result Analysis Versions

d) Define Valuation Methods (Actual Cost)

e) Define Line IDS

f) Define Assignments

g) Define Update

h) Define Posting Rules for Setting work in Process

14. Variance Calculation

a) Define Variance Keys

b) Define Default variance Keys for Plants

c) Define Target Cost Version

d) Assign Variance Key in Material Master

15. Settlement

a) Create Settlement Profile

b) Create PA Transfer Structure

c) Maintain Number Ranges for Settlement Documents

16. Actual Costing with Material Ledger

a) Activate Valuation Areas for Material Ledger

b) Assign Currency Types to Material Ledger Type

c) Assign Material Ledger Types to Valuation Area

d) Maintain Number Ranges for Material Ledger Documents

e) Activate Actual Costing

f) Assignment of Accounts for Automatic Posting

Who this course is for:

• SAP FICO Consultants / Managers / End Users
• Anyone aspiring to change into SAP FICO Consultant or Manager
• SAP & ERP Professionals
• Business Analysts & Consultants
• Financial Analysts & Consultants
• Project Managers & Supervisors
• Accountants & CAs (Chartered Accountants)
• Anyone aspiring for a profession in SAP