Controlling provides you with information for management decision-making. It facilitates 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.
As well as documenting actual events, the main task of controlling is planning. 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.
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.
Therefore, all data relevant to cost flows automatically to Controlling from Financial Accounting. At the same time, the system assigns the costs and revenues to different CO account assignment objects, such as cost
centers, business processes, projects or orders. The relevant accounts in Financial Accounting are managed
in Controlling as cost elements or revenue elements. This enables you to compare and reconcile the values
from Controlling and Financial Accounting.
Although Controlling can be implemented independently of FI, there is some basic configuration that needs to be done in FI.
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.
As well as documenting actual events, the main task of controlling is planning. 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.
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.
Therefore, all data relevant to cost flows automatically to Controlling from Financial Accounting. At the same time, the system assigns the costs and revenues to different CO account assignment objects, such as cost
centers, business processes, projects or orders. The relevant accounts in Financial Accounting are managed
in Controlling as cost elements or revenue elements. This enables you to compare and reconcile the values
from Controlling and Financial Accounting.
Although Controlling can be implemented independently of FI, there is some basic configuration that needs to be done in FI.
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