SAP CO
FinanceDefinition
SAP CO (Controlling) is a module in SAP ERP that provides controlling and financial management capabilities for planning, reporting, and monitoring operations within an organization.
Detailed Description
SAP CO (Controlling) is a core functional module in SAP ERP that provides organizations with tools for managing and configuring costing operations and financial planning. It helps in monitoring, coordinating, and optimizing all the processes in an organization. SAP CO includes managing and configuring master data that covers cost and profit centers, internal orders, and other cost elements and functional areas. This module enables businesses to manage their reporting and information database as per the requirement for effective decision-making.
Key Features
- Activity-Based Costing
- Cost Center Accounting
- Cost Element Accounting
- Internal Orders Management
- Product Cost Controlling
- Profitability Analysis
- Profit Center Accounting
Common Modules
SAP FI (Financial Accounting)
Handles financial transactions and reporting
SAP MM (Materials Management)
Manages procurement and inventory functions
SAP PP (Production Planning)
Supports planning and production processes
SAP SD (Sales and Distribution)
Manages sales orders and distribution of goods
Popular Implementations
Cost Center Accounting Implementation
Setting up cost centers to monitor and control costs in various departments.
Profitability Analysis Implementation
Configuring Profitability Analysis to assess profit margins across different product lines and market segments.