Why are these SAP Controlling Interview Questions? These SAP Controlling interview questions are majorly based on topics like Cost Center, Cost Elements, Profit Center, Product Costing, Month-End activities & more. Since Controlling is a vital part of the SAP Financial Accounting module. Thus, reading these questions would help you to Read more…
What is Cost Object Controlling? Cost object controlling enables you to determine the cost of goods manufactured and sold goods. In this blog, we collect and analyse planned and actual costs on individual cost objects such as manufacturing orders, sales orders, etc. Table of Content: What can you do with Read more…
What is Cost Center in SAP? Cost Center in SAP reflect the organizational structure of a company and displays the areas of responsibility. The cost center structure is very important because it defines the basis for other modules and overhead reporting. How to activate Cost Center Accounting in SAP Before Read more…
What is Internal Order in SAP? Internal Order in SAP is used to represent projects in Controlling. If we compare with cost centers, we use Internal Orders temporarily. Internal Orders don’t reflect the organizational structure instead they represent for example research and development projects, exhibition events or SAP implementation projects. Read more…
COPA Process Flow in SAP FICO COPA Process Flow in SAP allows access to the Online Transaction Processing (OLTP) structures or the core SAP database tables. It also allows the creation of a structure that online Analytical Processing (OLAP) applications use later. This includes generating multidimensional, analytical and reporting components Read more…
What is SAP Predicitve Accounting? SAP Predictive accounting is a projection of the cost and profitability of the incoming sales order. When there is a gap between sales order and actual sales invoice we need to estimate the cost and revenue of the particular sales order to get an advanced Read more…
Introduction to SAP Controlling – (SAP CO) SAP Controlling is one of the Functional Modules of SAP that deals with the cost calculation, cost analysis, cost planning and overhead management of the business. As you must know there are two types of reporting in any business i.e. External Reporting and Read more…
What is SAP Preliminary Costing? Preliminary Costing is the first step in cost object controlling, which involves preliminary costing for manufacturing orders. It allows you to determine the planned costs of a product cost collector or manufacturing order. What do we do in Preliminary Costing? In preliminary costing, we evaluate Read more…
What is Simultaneous Costing in Product Costing? Simultaneous Costing is again an important part of Product Costing in SAP. It comes in the process after the calculation of the standard cost. Once we have calculated the Standard Cost, we will proceed with the process of actual costs. Actual Cost debit/credit Read more…
What is SAP COPA – Profitability Analysis? SAP COPA is the component of the Controlling module of SAP which deals with reporting of Profitability across various dimensions. It stands for Controlling – Profitability Analysis while popularly referred to as SAP CO-PA. Key Reporting Dimensions where SAP COPA benefits you Customer Read more…