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SAP CO Training

SAP CO (Controlling / Management Accounting) is one the largest functional core modules in SAP. This course gives a comprehensive insight into its main operations of Cost Center Accounting, Internal Order Accounting, Profit Center Accounting, Product Costing, and Profitability Analysis.  Additionally, the course also explores the tight integration with SAP’s Logistics modules of MM, SD, PP and PS.

Course length                   35 hours approx (70 videos)
Delivery                 E-Learning (Recorded Videos Training) with 100% support
Price                             US$599 (complete package) OR US$399 (video only package)
How to Enroll?                Click here
Who should attend      Those interested in gaining in-depth knowledge of SAP CO (Example: Business analyst, project team members, consultants, etc.)
Prerequisites               SAP FI configuration experience or have attended Studynest’s SAP FI course.
Level                             Basic to Intermediate.

Complete Training package includes

  • Study Materials
  • Assignments
  • 3 months of SAP ECC Server access
  • 100% support via Student Forum for 6 months.
  • 6 Months Access of online CO Recorded Sessions
  • Real time scenarios
  • Guidance to pass SAP CO Certification exam.

SAP CO Course Contents (This course covers 100% SAP CO Certification exam C_TFIN22_67 syllabus)

Introduction to ERP and SAP CO

* Financial Accounting vs Management Accounting
* Components of the CO module
* FI Integration with CO module
* CO Organizational units
* Controlling Area settings
* Company Code to Controlling Area assignment

Cost Element Accounting
* Analyse the various types of Cost Elements
* Primary vs Secondary Cost Elements
* Cost Element Groups
* Create Cost Elements for GL accounts
* Create Cost Elements for Allocation Cycles

Cost Center Accounting
* Define and Create Cost Center Hierarchy
* Define, Create, and Configure Cost Centers
* Determine usage of Cost Center Accounting with Planning Functionality
* Cost Center Groups
* Allocation Types: Distribution vs Assessment
* Create an allocation cycle
* Run Cost Center Reports
* Planning function in Cost Center Accounting
* Running Plan/Actual/Variance Reports
* Use and creation of Statistical Key Figures (SKF)
* SKF: Fixed Values vs Total Values
* Entering SKFs for Allocation
* Creating Activity Types
* Activity Allocation
* Adjustment Posting in CO
* Reposting vs Allocation
* Validation and Substitution

Internal Orders
* Determine Internal Order Types and Planning
* Real vs Statistical Orders
* Determine Internal Order Settlement Rules
* Create Number Ranges for Internal Orders
* Assign Budgets to Internal Orders
* Analyse Budget, Plan, Commitment and Available values

Profit Centers
* Create Organizational Chart for Profit Centers
* When to create a Profit Center
* Relationship between Business Area, Profit Center and Segment
* Creating Segments
* Defaulting a Profit Center
* Execute Profit Center Reports

Product Cost Controlling
* Product Life Cycle
* Costing Sequence
* Material Master Org Structure
* Material Master Characteristics, Material Types, Material Groups
* Material Master Data Views
* Finance integration points with the Purchasing Process
    * Creating Purchase Order
    * Creating Goods Receipt
    * Creating an Invoice referencing Purchase Order
* Basic Settings for Material Costing
    * Maintain Overhead Cost Elements
    * Define Calculation Bases
    * Define Percentage Overhead Rates
    * Define Quantity-Based Overhead Rates
    * Define Credits
    * Define Origin Groups
    * Define Costing Sheets
    * Define Overhead Keys
    * Define Overhead Groups
    * Define Cost Component Structure
* Configuring the Material Cost Estimate
    * Define Costing Types
    * Define Valuation Variants
    * Define Date Control
    * Define Quantity Structure Control
    * Define Transfer Strategy
    * Define Reference Variants
    * Define Costing Variants
* Creating Bills of Material
* Creating Routing
* Creating Work Centers and assigning Activity Types
* Understanding the use of additional functions of material costing such as Production Versions, Mixed Costing, Joint Production, etc.
* Creating Base Planning Object
* Steps to executing the Costing Run
* Configuring the Product Cost by Order
* Configuring the Product Cost by Period
* Configuring Product Cost by Sales Order
* Configuring Work in Progress (WIP)
* Configuring Variance Calculation
* Configuring Settlement
* Understand the difference between Product Cost by Order vs Period
* Creating Production Order
* Creating Process Order
* Creating Product Cost Collector
* Finance integration points with the Sales Process
    * Creating Sales Order
    * Creating Outbound Delivery and Post Goods Issue
    * Creating Billing Document
* Account determination settings using OBYC
* Revenue Account determination settings for Billing

Profitability Analysis
* Configuring the Operating Concern
* Understand the Hierarchy for Profitability Analysis
* Assignment of Controlling Area to Operating Concern
* Understand the CO-PA objects: Characteristics, Value Fields, Characteristic Values, Profitability Segments
* Creating Characteristics Values
* Understand the difference between Account-based and Costing -based CO-PA
* Configure Assessment Cycle to transfer costs from Cost Centers to Profitability Segments
* Creating CO-PA Assessment Cycles
* Create CO-PA reports using Forms
* Create transactional entries for CO-PA segments

New GL Functionality
* Advantages of using New GL
* Configuration Document Splitting
* Configuring Planning with New GL
* Entering Plan values for Profit Centers with New GL
* Important CO master data and transaction data tables

Changes to Controlling Module with S/4 HANA

Overview of SAP HANA
* What is SAP HANA
* Why you need HANA
* How it was done before
* How it works now in HANA
* Data Replication in HANA

HANA Deployment Options and Architecture
* HANA Deployment Options
* On-Premise Deployment
* Difference between the two cloud services (HEC vs HCP)
* HANA Architecture Overview
* SAP HANA Architecture

Overview of S/4 HANA Finance
* Functionality and benefits of SFIN
* Deployment Options for SFIN
* Licencing Options
* SAP SFIN Software Products
* Upgrade Paths to SFIN
* Universal Journal
* Tables Removed
* Universal Journal Extensibility
* Universal Journal Entry
* Document Numbers (BELNR)
* Document Numbers compatibility with CO
* Appendix (Extension) Ledger
* What’s changed with Simple Finance
* Existing Custom Programs and Interfaces
* Prima Nota

Central Finance
* Interfaces for Central Finance
* Central Finance Instance
* External System information
* Central Finance Implementation
* Key components for installation

GL and Cost Elements
* General Ledger Master Data
* Cost Element Master Data
* Primary Cost Element Creation
* Secondary Cost Element Creation
* Fixed Asset Statistical Cost Element Creation
* FI and CO Period Locks
* Authorizations for GL Master Data

CO Module in S/4 HANA Finance
* Changes to CO Postings
* CO-PA with S/4 HANA
* CO and Material Ledger
* Changes to Period End Closing Transactions
* Technical changes to the CO module

Project Systems
* Overview of Project System
* Project System’s relevance to SAP CO
* Why an SAP Finance consultant need to learn Project Systems
* Basic Configuration – Structures for WBS
* Basic Configuration – Costs for WBS
* Create a Project Definition
* Create WBS Elements
* Assign Budget amounts to your WBS
* Understand the use of Supplement and Return of Budgets
* Perform Actual and Commitment transaction postings to WBS
* Execute Project and WBS reports

Material Ledger
* Overview of Material Ledger
* Concept of Actual Costing and Periodic Unit Price
* Material Ledger Configuration
* Material Ledger Configuration in OBYC
* Material Ledger Reports


Exam Code:   C_TFIN22_67

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