|SAP CO - SAP Controlling Hints and Tips
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All data relevant to cost flows automatically to Controlling from Financial Accounting. At the same time, the system assigns the costs and revenues to different CO account assignment objects, such as cost centers, business processes, projects or orders. The relevant accounts in Financial Accounting are managed in Controlling as cost elements or revenue elements.
Controlling provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all processes in an organization. This involves recording both the consumption of production factors and the services provided by an organization.
As well as documenting actual events, the main task of controlling is planning. You can determine variances by comparing actual data with plan data. These variance calculations enable you to control business flows.
Income statements such as, contribution margin accounting, are used to control the cost efficiency of individual areas of an organization, as well as the entire organization.
Table of Contents
Maintain CO-OM Accrual Calculations
Production Order Individual Settlement - KO88
Month End Closing, Settle Production Order by batch - CO88
Product Costing using Standard Cost
Maintain Number Ranges for CO Documents
Cost Center/Profit Center Accounting