SAP CO Advanced

by HiTech Institute Claim Listing

SAPCO (Controlling) is a core module that deals mainly with cost elements, cost centers and profit centers, BOM, product cost collectors, routing, costing runs, and profitability analysis.

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img Duration

60 Hours

Course Details

SAPCO (Controlling) is a core module that deals mainly with cost elements, cost centers and profit centers, BOM, product cost collectors, routing, costing runs, and profitability analysis.

It is helpful to review and monitor the product costing, analyze the company performance at the minute level of the cost center or profit center, and analyze the production efficiencies to make important decisions.

 

Course Contents:

  • SAP Overview System structure
  • Logic and navigation
  • Overview of different modules
  • Interlinkage of all modules to FI and CO
  • Introduction to CO Navigation
  • Link to FI
  • Link to MM and SD
  • Data flow from/to CO
  • Cost Elements and Cost Center Introduction
  • Cost Center master data
  • Linkage of Cost Centers to Cost Elements
  • Distribution cycles overview
  • Drill-down reports
  • Periodic reposting
  • Adjustment postings
  • Primary postings
  • Hirerachy of cost center set up
  • Planning in cost centers
  • Plan allocation cycle
  • Distribution cycles
  • Set up of cost center specific GL accounts
  • Profit Center Introduction
  • Profit Center master data
  • Linkage of Cost Centers and Profit Centers
  • Assessment cycles overview
  • Profit center assignment
  • Profit center postings and analysis
  • Hirerachy of profit center
  • Material Cost estimate BOM
  • Cost Component split
  • Costing Variant
  • Create costing run
  • Update costs
  • Product cost collector
  • Overview of Material cost and material master data
  • Costing run
  • Analysis and error handling
  • Cost overhead sheet usage
  • Routing
  • Overhead cost order Real and statistical orders
  • Order Master data
  • Overhead rates on overhead orders
  • Status management for cost overhead orders
  • Order posting analysis
  • Usage in management reporting
  • Profitability Analysis Structure of Profitability analysis
  • Characteristics and value fields
  • Assessment of cost center costs
  • Analysis of data
  • Standard cost accounting and analysis
  • Overview of MM module Overview to link the BOM
  • Material cost updates and error handling
  • Different methods to update costs

 

Objective:

The main objective of this course is to gain the working knowledge of the SAP CO module for successful career of finance professionals. This course is also designed to obtain set up and logic of the transaction flow to gain upper hand in operating this powerful tool in day to day work life.

 

Prerequisites:

For better understanding and gain more benefit out of this course, we would expect that the students has prior background in Accounting and experience on any ERP based accounting software.

 

Benefits:

The main advantage of this course is that you will be ready to join the workforce immediately and start immediately and confidently working in an SAP environment without any training from the organization.

This course will also provide you with an upper hand amongst others in understanding the logic of the transaction flow and thereby addressing the needs of the organization efficiently. This course is also designed to understand the various activities of the organization and their integration in to profitability statements.

  • Toronto Branch

    127 Westmore Drive, Unit 115, Toronto

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