The purpose of the Controlling (CO) module in SAP is to provide organizations with a method of slicing and dicing data to view costs from an internal management perspective and provide a view of profitability beyond that of basic financial reporting
The purpose of the Controlling (CO) module in SAP is to provide organizations with a method of slicing and dicing data to view costs from an internal management perspective and provide a view of profitability beyond that of basic financial reporting. This training program is for individuals who wish to learn how to set up management accounting with SAP FI.
Controlling provides you with information for management decision-making. It facilitates the 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. Controlling (CO) and Financial Accounting (FI) are independent components in the SAP system. The data flow between the two components takes place on a regular basis.
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.
During this course, you will learn how to set up cost object control and implement profitability
Innovations in Business Solutions (Mississauga Campus) is a leading provider of corporate and professional training services in the areas of ERP, project management, business analysis, and quality assurance.
Innovations in Business Solutions offers trainees excellent, best-of-class instruction, training facilities, lab support, and a clear roadmap to a successful career.
Innovations in Business Solutions (Mississauga Campus) offers training in SAP, project management, BA, CBAP, and QA software testing. An approved training provider of Project Management Institute (PMI®), IIBA, ISCEA, and other education alliances, Innovations in Business Solutions has provided training to hundreds of graduates on their way to certification since 2005.
Many of these students have achieved great success in their careers after completing the training in Innovations in Business Solutions.
Innovations in Business Solutions is also an Authorized Testing Center (ATC) for all exams offered by Promatric and Scantron.
Innovations in Business Solutions also successfully trained many candidates (on the Mississauga campus) funded by the Second Career and Skill Upgrade Programs as an Approved PCC.
Innovations in Business Solutions’ focused customized Corporate Training offers clients cost effective solutions to upgrade their IT skills force.
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