SAP CO ( Controlling ) is on the functional module and it 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.
Controlling (CO) and Financial Accounting (FI) are independent components in the SAP system. The data flow between the two components takes place on a regular basis. Some of the main components of SAP CO module are
- Cost Element Accounting
- Cost Center Accounting
- Internal Orders
- Activity-Based Costing ( ABC)
- Product Cost Controlling
- Profitability Analysis
- Profit Center Accounting.