SAP CO
It is used for management accounting purpose that means reporting are used
for internal purpose; it has nothing to do with external authorities.
Enterprise structure of FI-CO
CLIENT
COMPANY
COMPANY CODE
SEGMENTS
PROFIT CENTER
If the client has a requirement that they want to see branch wise profitability
or they want to see the branch wise cost, we will make use of profit centers
and cost centers in CO
By making use of cost elements values will be flown from FI to CO (Nothing
can be posted in co without cost elements)
For that to happen two domains FI & CO must be connected to each other and
that happens through controlling area.
Once the connection is build we can see when we perform transactions what
information is captured in FI and what information is captured in CO
17. MAINTAIN CONTROLLING AREA [T/C: - OKKP]
CONTROLLING AREA IS PART OF CO (CONTROLLING). WE HAVE TO
CREATE PROFIT CENTERS UNDER CONTROLLING AREA.
CONTROLLING AREA IS ASSIGNED TO COMPANY CODE
PATH: -
SPRO --> CONTROLLING --> GENERAL CONTROLLING -->
ORAGANIZATION --> MAINTAIN CONTROLLING AREA
--> DOUBLE CLICK ON MAINTAIN CONTROLLING AREA
--> SELECT NEW ENTRIES BUTTON
Click on controlling area = company code and provide the company code
details
-- > CONTINUE
-->
--> ONCE WE SELECT CONTROLLING AREA = COMPNAY CODE, ALL THE
FIELDS ASSIGNED TO COMPANY CODE WILL DISPLAY AUTOMATICALLY
LIKE CURRENCY TYPE 10 CURRENCY FIELD, CHART OF ACCOUNTS FIELD
AND FISCAL YEAR VARIANT FIELD
-->COST CENTER STANDARD HIERARCHY: BE01_CCSH
--> SELECT SAVE BUTTON
--> SELECT YES BUTTON
-->PRESS ENTER TO SAVE IN YOUR REQUEST
-->SELECT BACK ARROW
-->SELECT BE01
-->DOUBLE CLICK ON ASSIGNMENT OF COMPANY CODE(S) FOLDER
--> SELECT NEW ENTRIES BUTTON
--> COMPANY CODE BE01
--> SELECT SAVE BUTTON
--> DOUBLE CLICK ON ACTIVATE COMPONENTS /CONTROL INDICATORS
FOLDER
--> SELECT NEW ENTRIES BUTTON
--> FISCAL YEAR: 2023
--> COST CENTERS SELECT COMPONENT ACTIVE
☑ AA: ACTIVITY TYPE SELECT CHECK BOX
--> ORDER MANAGEMENT SELECT COMPONENT ACTIVE
☑ SELECT PROFIT CENTER ACCOUNTING CHECK BOX
--> SAVE
--> IGNORE THE MESSAGE ENTER
18. DEFINE PROFIT CENTER GROUP [T/C: 0KE5]
WHEN WE CREATE PROFIT CENTERS WE HAVE TO SPECIFY PROFIT
CENTER GROUP
PATH: -
SPRO --> CONTROLLING--> PROFIT CENTER ACCOUNTING --> BASIC
SETTINGS-->SET CONTROLLING AREA [T/C: OKKS]
--> CONTROLLING AREA: BE01
--> ENTER
-->SELECT CONTROLLING AREA SETTINGS FOLDER
-->SELECT MAINTAIN CONTROLLING AREA SETTINGS
--> P R O F I T C E N T E R STANDARD HIERARCHY: B E 0 1 _ P C S H
--> SELECT ELIMINATION OF INTERNAL BUSINESS VOLUME CHECK BOX
--> PROFIT CENTER LOCAL CURRENCY TYPE - SELECT DROP DOWN
BUTTON
--> SELECT 20i.e., CONTROLLING AREA CURRENCY
--> SELECT CONFIRM BUTTON
--> SELECT STORE TRANSACTION CURRENCY CHECK BOX
--> SELECT SAVE BUTTON
23. ENTER GLOBAL
PARAMETERS [T/C OBY6]
PATH:
SPRO --> FINANCIAL ACCOUNTING (NEW) --> FINANCIAL ACCOUNTING
GLOBAL SETTINGS
(NEW) --> GLOBAL PARAMETERS FOR COMPANY CODE --> ENTER
GLOBAL PARAMETERS
-->SELECT POSITION BUTTON
--> COMPANY CODE YIL
--> ENTER
--> SELECT COMPANY CODE YIL
--> SELECT DETAILS BUTTON
I) SELECT PROPOSE FISCAL YEAR CHECK BOX
IF WE SELECT PROPOSE FISCAL YEAR CHECK BOX, AT THE TIME OF
DOCUMENT DISPLAY IT PROPOSES CURRENT YEAR.
II) SELECT NEGATIVE POSTINGS PERMITTED CHECK BOX
IF WE SELECT NEGATIVE POSTINGS PERMITTED CHECK BOX WHEN
WE REVERSE A TRANSACTION IT REDUCES FROM THE SAME SIDE