Posts

Showing posts from September, 2018

What is SAP Controlling | key sub-modules | IQ Online Training

Image
SAP Controlling (CO) What is SAP Controlling (CO)? SAP Controlling gives an analysis of the money being spent on different activities in an organization. SAP Controlling is essentially an internal cost accounting tool. It gives an idea of how the money flow is taking place inside the organization. And it gives you the information that helps in the analysis of business and thereby proper decision making. SAP CO Organizational Structure: Important sub-modules of SAP controlling system: Cost Center Accounting – This is used to perform all the controlling activities in an organization. Cost Center gives the individual costs incurred during a particular period of time. Since transparency of the cost incurred is an essential factor for every activity; Cost Center Accounting plays its role here. Cost Object Controlling is a component of Cost Center Accounting which records the cost incurred for a particular activity like the cost of manufacturing a product and th...