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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.
A controlling area is a closed entity used for cost accounting. You can allocate costs only within a controlling area. These allocations cannot affect objects in other controlling areas - cross COArea postings are not available in overhead cost controlling.
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. Home; SAP ERP; Controlling (CO) Controlling (CO) Organization in Controlling; Controlling Area; Controlling (CO) 6.0 EHP8 Latest. Available Versions: 6.0 EHP8 Latest ; 6.0 EHP5 Latest ; 6.0 EHP3 Latest ; 6.0 EHP2 Latest ; 6.0 Latest ; English. ... To mark this page as a favorite, you need to log in with your SAP ID. If you do not have an SAP ID, you can create one for free from the login page. Log on
‘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.
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).
Aug 4, 2020 · What are the new options for the other planning areas in Controlling like cost center, internal order or project planning in SAP S/4HANA? A complete summary of SAP planning applications, you can find in the blog Financial Planning Options in S/4HANA .
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.
