Controlling (CO)
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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…
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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…
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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…
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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.  …
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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…
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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.…
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The Urban Dictionary of Company Code
The company code is the smallest unit for which the financial statements are created according to the requirements of the legal provisions. A company may include one or more…
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FICO Configuration
SAP FICO Configuration Manual (Download Here) on Financial Accounting, Asset Accounting, Controlling and Profit Center Accounting. Financial Accounting Configuration on: Create company code Define company code Posting Periods Document…
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Controlling Configuration
Controlling Configuration In this document we will be configuring the basics of Controlling and also cover the Cost Center accounting Module. The controlling area configuration is the starting point…
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Understanding Controlling within SAP
A cost object means a cost or a revenue collector wherein all the costs or revenues are collected for a particular cost object. Examples of this could be cost…
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SAP Controlling (CO) Notes
SAP- Controlling (CO) Notes Module Functions: Control – The module that manages cost reporting, analysis and control. This is the primary area for managing and evaluating financial performance. CO-PA:…
