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SAP Controlling (CO) Certification Training

Learn concepts of SAP CO module in depth. Master SAP Controlling with practical scenarios. Become an SAP CO Consultant.
2.5
2.5/5
(78 reviews)
1,772 students
Created by

6.7

CourseMarks Score®

7.3

Freshness

4.3

Feedback

7.9

Content

Platform: Udemy
Video: 5h 5m
Language: English
Next start: On Demand

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Detailed Analysis

CourseMarks Score®

6.7 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

7.3 / 10
This course was last updated on 10/2019.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

4.3 / 10
We analyzed factors such as the rating (2.5/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

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Content Score

7.9 / 10
Video Score: 8.3 / 10
The course includes 5h 5m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 11 hours 14 minutes of 51 SAP FICO courses on Udemy.
Detail Score: 10.0 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 5.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
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Table of contents

Description

A warm welcome to the SAP Controlling (CO) course by Uplatz.

SAP CO (Controlling) is a key SAP module that supports coordination, monitoring, and optimization of all processes in an organization. SAP CO involves recording both the consumption of production factors and the services provided by an organization. It includes managing and configuring master data that covers cost and profit centers, internal orders, other cost elements and functional areas.
The main purpose of SAP CO module is planning. CO enables you to determine variances by comparing actual data with plan data and thus helps you to control smoothly the business flows in your organization.
Both SAP CO and SAP FI modules are independent components in an SAP system and data flow between these components takes place on a regular basis. Data flows relevant to cost flow into Controlling module 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.
In essence, the SAP Controlling module provides information to managers & decision makers to understand where the company’s money is being spent. While the purpose of SAP FICO is to help companies generate and manage financial statements for analysis and reporting and help with effective business planning and decision-making, the SAP CO module within FICO focuses more narrowly on planning and monitoring costs.

SAP CO comprises of sub-modules that handle specific processes:
Cost Elements provide an overview of all the company’s costs and revenues based on profit and loss statements, which are also known as income statements. Cost element accounting describes the origin of the costs, and the cost elements represent specific costs that the company incurs.
Cost Centers deal with the costs associated with the company’s internal divisions or departments, such as sales, production, marketing or human resources. Cost Centers involves only expenses, not revenues.
Profit Centers handle all of the cost data related to the company’s business lines. It deals with both expenses and revenues, unlike Cost Centers, which deals only with expenses. For example, a global consumer products company may use Profit Centers for health products, soaps and detergents, cosmetics, food and beverages, and so on.
Internal Orders are used to manage the costs for smaller internal projects or non-fixed assets — for example, a limited-time marketing campaign.
Profitability Analysis enables the company to analyze the profitability of its products. For example, Profitability Analysis can be useful for making decisions on matters like product pricing, distribution channels, or target market segments. It also allows levels of detail in analyzing profitability, such as for each region or country, product types and distribution channels, down to individual customer profitability.
Product Costing manages the data about costs required to produce the company’s goods and services. Product costing analysis can help manage manufacturing costs and optimize efficiencies.

This SAP CO training by Uplatz focuses on providing comprehensive knowledge of SAP Controlling concepts with live examples and scenarios. SAP CO training will help you master the functionalities and configurations available within SAP CO module. Uplatz’s SAP CO course will help you gain sufficient knowledge to appear in SAP CO Certification exam and apply for jobs in SAP Controlling area.

SAP Controlling course curriculum

1. Controlling Basic settings
a) Define Controlling Area
b) Define Number Range for Controlling Area
c) Maintain Planning Version

2. Cost Element Accounting
a) Creation of Primary Cost Element from FI
b) Creation of Primary Cost Element from CO
c) Default Account Assignment
d) Creation of Activity Type
e) Creation of SKF

3. Cost Center Accounting
a) Cost Center Standard Hierarchy
b) Creation of Cost Center & Cost Center Groups
c) Posting to Cost Centers
d) Re-posting of CO line items
e) Planning of Cost Centers
f) Overhead Calculation
g) Period End closing activities in cost center accounting – Assessment, Distribution, Periodic Re-posting, Activity Allocation

4. CO Integration with Production planning

5. BOM, Routing, Work Center MRP Run

6. Multi-level Product Cost Controlling
a) Introduction to Product Cost Controlling
b) Data Flow in Product Costing
c) Cost Objects
d) Define Cost Sheet
e) Product Cost Planning
f) Cost Estimate with Quantity Structure
g) Work in Progress Calculation
h) Standard Product Cost calculation
i) Actual Product Cost Calculation
j) Settlement of Variance to Accounts

7. Unit Cost Estimate
a) Base Planning Object
b) Material Cost Estimate without Quantity Structure

8. Product Cost Planning with Quantity Structure
a) Creation of Bill of Material
b) Define Overhead Keys
c) Creation of Activity Type Master Records
d) Planning for activity hours
e) Activity type price calculation
f) Creation of work center master records
g) Creation of Routing
h) Define Cost Sheet
i) Assignment of Cost sheet to costing variant
j) Creation of cost estimate with quantity structure
k) Marking
l) Releasing
m) Creation of Cost Estimate without quantity structure
n) Collective cost estimate

9. CO-PA Profitability Analysis
•Account based COPA
•Costing Based COPA
a) Introduction to Profitability analysis
b) Data Flow in Profitability Analysis
c) Maintaining the operating concern
d) Assignment of Controlling area to operating concern
e) Activating the profitability analysis
f) Define number ranges for actual postings
g) Mapping of SD conditions types to COPA value fields
h) Maintain characteristics
i) Maintain Value Fields
j) Define Profitability segment characteristics
k) Maintain Characteristics
l) Define Characteristics Derivation
m) Define and Assign Valuation strategy
n) Define Keys for accessing material cost estimates
o) Assign costing keys to any characteristics
p) Assign Value Fields
q) Define Number Ranges for Planning Data
r) Maintain Versions
s) Assign Quantity Fields
t) Define PA Transfer Structure
u) Direct Posting from FI/MM
v) Value Flow from Cost Center to COPA
w) Value Flow from Internal Order to COPA
x) Value Flow from Production Order to COPA
y) COPA Summarization

10. Internal Orders
a) Use of Internal Order Types
b) Settlement Profile
c) Planning Profile
d) Budget Profile
e) Tolerance for Budgeting and availability control
f) Order Types
g) Real Orders and statistical Orders
h) Creation of secondary cost elements for Internal and External settlement
i) Planning for Internal Orders
j) Entering Budget Information
k) Actual Data posting
l) Displaying Internal Order information
m) Displaying Budget control availability
n) Internal Order to AUC settlement
o) AUC to Asset Settlement
p) Internal Order with Investment management
q) Information Reports
r) Settlement of Real Internal Orders to Cost Centers

11. Profit Center Accounting
a) Basic settings for Profit Center Accounting
b) Creation of Profit Centers
c) Maintenance of control Parameters for Actual Postings
d) Maintaining planning versions for profit centers
e) Maintaining the number ranges for profit center documents
f) Creation of profit center master records
g) Display of profit center master records
h) Automatic Assignment of Revenue elements for Profit Centers
i) Assignment of profit centers in cost center master records
j) Creation of account groups in profit center accounting for planning
k) Planning for profit and loss account items
l) Planning for balance sheet items
m) Posting of transactions into profit centers
n) Generating the variance reports for profit and loss account items
o) Generating the variance reports for balance sheet items
p) Derivation rules creation for revenue elements
q) Derivation rules creation for Balance Sheet accounts
r) Document Splitting

12. Product Cost by Order
a) Define Costing Variant
b) Check Costing Variant to Manufacturing Orders
c) Define Goods Received Valuation for Order Delivery

13. Work in Process Calculation
a) Define Result Analysis Keys
b) Define Cost Elements for WIP Calculation
c) Define Result Analysis Versions
d) Define Valuation Methods (Actual Cost)
e) Define Line IDS
f) Define Assignments
g) Define Update
h) Define Posting Rules for Setting work in Process

14. Variance Calculation
a) Define Variance Keys
b) Define Default variance Keys for Plants
c) Define Target Cost Version
d) Assign Variance Key in Material Master

15. Settlement
a) Create Settlement Profile
b) Create PA Transfer Structure
c) Maintain Number Ranges for Settlement Documents

16. Actual Costing with Material Ledger
a) Activate Valuation Areas for Material Ledger
b) Assign Currency Types to Material Ledger Type
c) Assign Material Ledger Types to Valuation Area
d) Maintain Number Ranges for Material Ledger Documents
e) Activate Actual Costing
f) Assignment of Accounts for Automatic Posting

You will learn

✓ Introduction to SAP Controlling
✓ Become an SAP FICO Consultant
✓ Prepare for SAP CO and SAP FI Certification exams
✓ Controlling Basic settings
✓ Cost Element Accounting
✓ Cost Center Accounting
✓ CO Integration with Production Planning
✓ BOM, Routing, Work Center MRP Run
✓ Multi-level Product Cost Controlling
✓ Unit Cost Estimate
✓ Product Cost Planning with Quantity Structure
✓ CO-PA Profitability Analysis – Account based COPA, Costing Based COPA
✓ Internal Orders
✓ Profit Center Accounting
✓ Product Cost by Order
✓ Work in Process Calculation
✓ Variance Calculation
✓ Settlement
✓ Actual Costing with Material Ledger

Requirements

• Enthusiasm and determination to make your mark on the world!

This course is for

• SAP FICO Consultants / Managers / End Users
• Anyone aspiring to become SAP FICO Consultant or Manager
• SAP & ERP Professionals
• Business Analysts & Consultants
• Financial Analysts & Consultants
• Project Managers & Supervisors
• Accountants & CAs (Chartered Accountants)
• Anyone aspiring for a career in SAP

How much does the SAP Controlling (CO) Certification Training course cost? Is it worth it?

The course costs $14.99. And currently there is a 25% discount on the original price of the course, which was $19.99. So you save $5 if you enroll the course now.
The average price is $15.1 of 51 SAP FICO courses on Udemy.

Does the SAP Controlling (CO) Certification Training course have a money back guarantee or refund policy?

YES, SAP Controlling (CO) Certification Training has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

Currently we could not find a scholarship for the SAP Controlling (CO) Certification Training course, but there is a $5 discount from the original price ($19.99). So the current price is just $14.99.

Who is the instructor? Is Uplatz Training a SCAM or a TRUSTED instructor?

Uplatz Training has created 134 courses that got 8,786 reviews which are generally positive. Uplatz Training has taught 369,637 students and received a 3.7 average review out of 8,786 reviews. Depending on the information available, Uplatz Training is a TRUSTED instructor.
Fastest growing Global IT Training Provider
Uplatz is UK-based leading IT Training provider serving students across the globe. Our uniqueness comes from the fact that we provide online training courses at a fraction of the average cost of these courses in the market.

Over a short span of 3 years, Uplatz has grown massively to become a truly global IT training provider with a wide range of career-oriented courses on cutting-edge technologies and software programming.

Our specialization includes Data Science, Data Engineering, SAP, Oracle, Salesforce, AWS, Microsoft Azure, Google Cloud, IBM Cloud, SAS, Python, R, JavaScript, Java, Full Stack Web Development, Mobile App Development, BI & Visualization, Tableau, Power BI, Spotfire, Data warehousing, ETL tools, Informatica, IBM Data Stage, Digital Marketing, Agile, DevOps, and more.

Founded in March 2017, Uplatz has seen phenomenal rise in the training industry starting with an online course on SAP FICO and now providing training on 5000+ courses across 103 countries having served 300,000 students in a period of just 3 years.

Uplatz’s training courses are highly structured, subject-focused, and job-oriented with strong emphasis on practice and assignments. Our courses are designed and taught by more than a thousand highly skilled and experienced tutors who have strong expertise in their areas whether it be AWS, Azure, Adobe, SAP, Oracle, or any other technology or in-demand software.

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6.7

CourseMarks Score®

7.3

Freshness

4.3

Feedback

7.9

Content

Platform: Udemy
Video: 5h 5m
Language: English
Next start: On Demand

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