SAP Controlling FAQs – Variance Analysis

1.    What is the purpose of variance analysis? Variance analysis is used to calculate and interpret differences between planned costs and actual cost within a cost center or cost center group.  It also provides vital information that can be used to modify and improve planning in subsequent periods. 2.    All variances in SAP can be […]

SAP Controlling FAQs – Actual Posting and Allocations

1.    [True] or False? Posting actual cost in Controlling involves the transferring of primary costs from other modules to Controlling, as well as moving costs within Controlling. 2.    List the two main types of actual posting to CO. There are two types of actual postings to CO, Transaction Based Postings and Periodic Allocations. Transaction Based […]

SAP Controlling FAQs – Planning

1.    True or False?  In SAP Integrated Planning Cycle the planning process begins with a Profit Plan. False, in SAP Integrated Planning Cycle the planning process begins with a Sales Plan 2.    True or False?  Sales volumes calculated in sales planning or order volumes stored in the Sales Information System (SIS) can be fed into […]

SAP Controlling FAQs – Master Data

1.    List the five types of master data in cost center accounting (CCA). •    Cost centers •    Cost elements •    Activity types •    Statistical key figures •    Resources 2.    What characteristics do the master data types in CCA share? •    Time dependency (except for SKF) •    Can not be deleted once transaction data has been […]

SAP Controlling FAQs – Organisation Structure

1.    True or False?  A controlling area has a one to one relationship with company codes. False.  A controlling area has a one to one relationship with the chart of account and, a one to many relationship with company codes. 2.    After the controlling area has been configured, the assignment of company codes cannot be […]

SAP Controlling FAQs – Overview

1.    Describe the major differences between Managerial Accounting and Financial Accounting. Managerial Accounting Generally no constraints. Future orientation Data is used by managers at various levels within the company. Financial Accounting Constrained be GAAP and/or IAS Past orientation Data is used by outside parties like banks, investors and other stakeholdes. 2.    Define the term cost […]

SAP Project Reference Object (SPRO) Configuration Manuals

Working with SPRO (SAP Project Reference Object) in SAP can be very complicated just because of the complex nature of the SAP System. Here are some different SPRO Configuration manuals on Sales and Distribution, Finance and Controlling, Working with CIN (Country India Version) configuration and One big Complete SAP Configuration Guide. & Configuration Manuals

Profit Center Group – Quick Reference

The Quick reference on Profit Center Group will provide you all the steps in: Create Profit Center Group – KCH1 Change Profit Center Group – KCH2 Display Profit Center Group – KCH3 Download the quick reference on