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In SAP, Controlling area is an organizational element which is responsible for management of costs and profits. The relation between controlling area to company code is one to many relationship, so one or many company codes can be linked to a single controlling area.
The controlling area is an organizational unit within an enterprise for which a complete cost accounting can be performed within a closed system. A controlling area may contain one or more company codes which can operate in different currencies, if required.
Apr 23, 2010 · TKA01 Table is Master Table for Controlling Area which has Controlling Area name, Chart Of Accounts etc. As each COntrolling area is assigned to company Codes. I am looking for the relation where I can find the corresponding Controlling Area for the Company Code.
How to Set Up Controlling Area in SAP Hana - To maintain controlling area in SAP S4 Hana, execute t-code OKKP and create new CO area, assign company codes and activate components.
Controlling Area. The controlling area (CO area) is an organizational unit that represents a cost accounting system. It ensures a common structure for the following elements across all company codes (in the leading ledger) that are assigned to it: Chart of accounts.
Sep 23, 2023 · Discover the importance of the Controlling Area in SAP for managing costs and profits. Learn how to configure the organization structure and maintain CO areas. Controlling is a module in SAP that helps Planning, Managing, Analyzing and Reporting related to Costs and profits.
‘Controlling Area’ is the central organizational structure in ‘controlling’ (CO) and is used in cost accounting. Cost centers, product hierarchy, and profit centers/ profitability segments are used to classify the controlling area. Steps to Create Controlling Area in SAP CO. Transaction Code:– OKKP.
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Sep 18, 2017 · This tutorial will look at one of the organizational units, SAP Controlling Area, on a more detailed level. The intent is to help you understand how the Controlling Area organizes postings within the CO module and how it integrates with Financial Accounting (FI).
Sep 5, 2021 · In a previous tutorial, you were introduced to the CO module and given definitions of the key high level organizational units, areas of functionality, and master data. This tutorial will look at one of the organizational units, SAP Controlling Area, on a more detailed level.
