SAP CO - SAP Controlling Configuration Hints and
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.
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.
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