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...
1.   What is the purpose of variance analysis? Variance analysis is used to calculate and interpret differences between planned costs...
1.   or False? Posting actual cost in Controlling involves the transferring of primary costs from other modules to Controlling,...
1.   True or False? In SAP Integrated Planning Cycle the planning process begins with a Profit Plan. False, in SAP...
1.   List the five types of master data in cost center accounting (CCA). •   Cost centers •   Cost elements •  ...
1.   True or False? A controlling area has a one to one relationship with company codes. False. A controlling area...
1.   Describe the major differences between Managerial Accounting and Financial Accounting. Managerial Accounting Generally no constraints. Future orientation Data is...
The company code is the smallest unit for which the financial statements are created according to the requirements of the...
SAP FICO Configuration Manual (Download Here) on Financial Accounting, Asset Accounting, Controlling and Profit Center Accounting. Financial Accounting Configuration on:...
Controlling Configuration In this document we will be configuring the basics of Controlling and also cover the Cost Center accounting...
A cost object means a cost or a revenue collector wherein all the costs or revenues are collected for a...
SAP- Controlling (CO) Notes Module Functions: Control - The module that manages cost reporting, analysis and control. This is the...