Mastering SAP Controlling Module Unleash your Potential with training
Overview
SAP CO (Controlling) is the most important SAP module that reinforces coordination, optimization, and monitoring of all operations in an enterprise. SAP CO helps in recording both the expenditure on production factors and the services given by the organization. In addition, it includes managing the master data that covers all the cost and profit means, internal orders, and other cost elements. Hence, the main purpose of SAP CO revolves around planning. As a result, it has become the most demanding skill among many top-notch enterprises. To become a professional in this field, you need to join SAP CO Online Training. It will help you get great career opportunities.
The purpose of SAP CO Online Training in India is to help individuals understand the implications of SAP CO. This enhanced Training course will help you understand how to manage financial statements for analysis and reporting. It will help you with effective business planning and effective decision-making. Therefore, you must join a proper SAP Online Training to become an expert in this technology.
Prerequisites
The people can take training in this module who belong to any one of the following areas.
- Managers/Core Team Members/End Users
- The people, who have a minimum of 1-2 years domain experience in accounts and finance with costing.
- Anyone looking forward to start with SAP Career in Controlling (Management Accounting)
- Graduate students with any subjects. Preferred to ICWAI, CA, B. Com, M. Com, MBA in Finance.
Course Objectives
Let us look at the key objectives of the SAP CO training course:
- The main objective of the SAP CO course is to teach you how to manage various types of integration with Financial Accounting.
- To help you understand how you can configure and handle the Master Data about Cost Centre, Profit Centre, internal orders, and different cost elements.
- You will understand how to configure and execute SAP controlling in the SAP S/4 HANA Finance project.
- You will gain an in-depth knowledge of the business's cost flow management and learn how to perform the Management Accounting part of S/4 HANA and troubleshooting.
- In addition, SAP CO Online Training will help you perform activities like managing SAP CO workflows and security that will help you become an expert.
Course Modules
- About SAP Software
- SAP R1, R2 & R3 Architecture
- About SAP Project
- About Controlling
- Organizational Structure for Controlling
- Maintain Controlling Area
- Maintain Number Range for Controlling Area
- Maintain Versions
- Define Ledger for CO Versions
- Creation of Primary Cost Element
- Maintain Default Account Assignment
- Define Activity Type
- Cost Center Standard Hierarchy
- Create Cost Center Group
- Creation of Cost Center
- Planning of Cost Centers
- Overhead Calculation
- Period open & close activities for controlling
- Assessment, Distribution, Periodic Re-posting, Activity Allocation
- CO Integration with Production planning
- BOM, Routing, Work Center MRP Run
- Unit Cost Estimate for Base Planning Object
- Material Cost Estimate without Quantity Structure
- Introduction of Product Costing
- Data Flow in Product Costing
- Cost Objects
- Define Cost Sheet
- Product Cost Planning
- Cost Estimate with Quantity Structure
- Creation of Bill of Material
- Define Overhead Keys
- Creation of Activity Type Master Records
- Planning for activity hours
- Activity type price calculation
- Creation of work center master records
- Creation of Routing
- Define Cost Sheet
- Assignment of Cost sheet to costing variant
- Creation of cost estimate with quantity structure
- Creation of Cost Estimate without quantity structure
- Collective cost estimate
- Account Based COPA
- Costing Based COPA
- Introduction of Profitability analysis
- Data Flow in Profitability Analysis
- Define operating concern
- Assignment Controlling Area to Operating Concern
- Activating the profitability analysis
- Define number ranges for actual postings
- Mapping of SD conditions types to COPA Value Fields
- Maintain characteristics
- Maintain Value Fields
- Define Profitability segment characteristics
- Define Characteristics Derivation
- Define and Assign Valuation strategy
- Define Keys for accessing material cost estimates
- Assign costing keys with any characteristics
- Assign Value Fields
- Define Number Ranges for Planning Data
- Maintain Versions
- Assign Quantity Fields
- Define PA Transfer Structure
- Value Flow from Cost Center to COPA
- Introduction of Internal Order
- Use of Internal Order Types
- Settlement Profile
- Planning Profile
- Budget Profile
- Tolerance for budgeting and availability control
- Order Types
- Real Orders and Statistical Orders
- Create secondary cost elements for Internal and External Settlement
- Planning for Internal Orders
- Entering Budget Information
- Actual Data posting
- Displaying Internal Order Information
- Displaying Budget control availability
- Internal Order to AUC Settlement
- AUC to Asset Settlement
- Internal Order with Investment Management
- Information Reports
- Settlement of Real Internal Orders to Cost Centers
- Activate Profit Center Accounting
- Define Profit Center Standard Hierarchy
- Create Profit Center Group
- Creation Profit Center
- Maintenance of control Parameters for Actual Postings
- Maintaining planning versions for profit centers
- Maintaining the number ranges for profit center documents
- Automatic Assignment of Revenue elements for Profit Centers
- Assignment of profit centers in cost center master records
- Creation of account groups in profit center accounting for planning
- Planning for profit and loss account items
- Planning for balance sheet items
- Posting of transactions into profit centers
- Generating the variance reports for profit and loss account items
- Generating the variance reports for balance sheet items
- Derivation rules creation for revenue elements
- Derivation rules creation for Balance Sheet accounts
- Define Costing Variant
- Check Costing Variant to Manufacturing Orders
- Define Goods Received Valuation for Order Delivery
- Define Result Analysis Keys
- Define Cost Elements for WIP Calculation
- Define Result Analysis Versions
- Define Valuation Methods (Actual Cost)
- Define Line IDS
- Define Assignments
- Define Update
- Define Posting Rules for Setting work in Process
- Define Variance Keys
- Define Default variance Keys for Plants
- Define Target Cost Version
- Assign Variance Key in Material Master
- Create Settlement Profile
- Create PA Transfer Structure
- Maintain Number Ranges for Settlement Documents
- Activate Valuation Areas for Material Ledger
- Assign Currency Types to Material Ledger Type
- Assign Material Ledger Types to Valuation Area
- Maintain Number Ranges for Material Ledger Documents
- Activate Actual Costing
- Assignment of Accounts for Automatic Postin
Course Duration : instruction per weekend
How to Get Certified ?
- 1Get Professional Training
- 2Do The Preparation
- 3Appear For The Certification Exam
- 4Get SAP CO Certification
Why Choose Nrich for Training in India?
The following reasons we are the best SAP training institute in India;
Expert SAP CO trainers with industry experience
Practical hands-on exercises on SAP CO modules
Flexible learning options (online/classroom)
Official SAP CO courseware
Certification exam preparation support
SAP CO Training Delivery Methods
01
Scenario-Based Training
We provide the scenario-based training in which the learners work their way through a storyline that promotes problem-solving and critical thinking.
02
Blended Training
03
On-the Job Training
04
Instructor-Led Training
Our instructor-led training is a learning method where a qualified instructor or trainer directly leads and facilitates the learning experience for participants.
Why We Are The Best
Best Price Guarantee
You won't find better value in the marketplace. If you find a lower price, send us the offer, and we'll beat it
Guaranteed to Run
Our training courses are 100% guaranteed to run on dates provided, whether they are classroom, virtual, or in-house
Highly Experienced Staff
Our support staff and instructors have years of experience in meeting the specific needs of our clients and delivering exceptional quality.
Award-Winning Training Material
Our training programmes are supported by our well researched, unique, and high- quality course material that will assist the learners in gaining full knowledge and insights into their desired subject matter.
SAP CO Career Grouth
SAP CO Consultant Salary Trend
SAP CO Consultant can earn over £50,000 per year. Top Industries Using SAP Applications Telecommunications Information Technology Operational Reports and Analytical Business
Top Industries Using SAP Applications
Being self-confident makes you perfect for gaining success. Assuring the enhancement of inner-power.
- Telecommunications
- Information Technology
- Operational Reports and Analytical Business
Responsibilities of SAP CO Consultant
Career Opportunities
SAP CO Job Titles
- SAP CO Manager
- Programme Manager
- AP CO Analyst
- SAP CO Architect
- SAP CO Business
- System Analyst
Leading SAP Recruiter
FAQs
We are providing the best training with industry knowledge which covers business scenarios like
- Use of production order for discrete manufacturing
- Use of process order for repetitive manufacturing
- Use of sales order costing for customized manufacturing.
Those who have good command on sap co as well as sap fi will command higher salary than peers. Hence as number of years of experience increases, it become essential to learn sap co also.Moreover even for less experienced professionals, sap co knowledge does help in beating the competition. The Possibilities and opportunities to work after receiving the SAP CO Certificate are;
- SAP consultant.
- SAP ABAP consultant.
- SAP FICO consultant.
- SAP project manager.
- SAP Hana architect.