What is the controlling area in SAP?

What is the controlling area in SAP?

The controlling area is the central organizational unit of the Controlling (CO) component. You use the controlling area to carry out cost accounting. If you implement the Controlling component, postings are forwarded from Financial Accounting to Controlling .

What is controlling area in SAP with example?

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. The controlling area “0001” is created in the SAP standard version.

How do you find a controlling area in SAP?

Summary –

1. Step-1: Enter the transaction code OX19 in the SAP command field and click Enter to continue.
2. (OR)
3. Step-2: – Select the Controlling Area, double click on it to open the controlling area details.
4. Step-3: -Double click on Assignment of Company Code(s) to proceed further.

How do you create a controlling area in SAP PP?

IMG Path: SPRO => IMG => Controlling => General controlling => Organization => Maintain controlling area.

1. Run T-code: OKKP;
2. Double click on “Maintain controlling area”;
3. In the basic data overview screen, select “New entries” to create new controlling area.

What is the use of controlling area?

Controlling Area is an Organizational unit in an organization. It represents as a closed system used for cost accounting purposes. A controlling area may contain one or more company codes, which can operate in different currencies. The company codes must all use the same operational chart of accounts.

What is SAP controlling module?

SAP Controlling (CO) is another important SAP module offered to an organization. SAP CO includes managing and configuring master data that covers cost and profit centers, internal orders, and other cost elements and functional areas. The main purpose of SAP controlling module is planning.

What is the purpose of controlling area?

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.

What is chart of depreciation in SAP?

1. The chart of depreciation is a directory of depreciation areas organized according to business management requirements. 2. The characteristics and significance of the individual depreciation area is defined in each chart of depreciation. A depreciation area is always assigned to only one chart of depreciation.

How do you set a controlling area in SAP?

The settings for controlling area in SAP CO can be configured by using the following navigation method. SAP IMG Path: – SPRO >> SAP Reference IMG >> Controlling >> Profit Center Accounting >> Basic Settings >> Control Area Settings >> Maintain Controlling Area Settings.

How many control areas are there in SAP?

one controlling area
At a time we can set only one controlling area in SAP and also cross company code transaction not possible with multiple controlling area. If you create multiple controlling area and operating concern then consolidation is not possible in SAP.

How is a controlling area set?

Step-4: In the next screen, enter the below details.

1. Controlling Area – Specify the 4-digit alphanumeric Control Area Code.
2. Name – Specify the control area description.
3. CoCd->CO Area – Choose the assessment control option from the dropdown list.
4. Currency Settings – Enter the currency type and Currency.

What is controlling module in SAP?

SAP Controlling (CO) is another important SAP module offered to an organization. The main purpose of SAP controlling module is planning. It enables you to determine variances by comparing actual data with plan data and thus enables you to control business flows in your organization.

What is SAP Copa (controlling – profitability analysis)?

SAP COPA is the component of the Controlling module of SAP which deals with reporting of Profitability across various dimensions. It stands for Controlling – Profitability Analysis while popularly referred to as SAP CO-PA. What is SAP COPA in S/4HANA Finance? In SAP S4 HANA, one of the earliest innovations in CO-PA was through CO-PA Accelerators.

How to maintain controlling area in SAP?

How to maintain controlling area in SAP The controlling area in SAP can be created either by using transaction code OKKP or Implementation guide menu path. Step 1) Enter transaction code “ SPRO ” in the SAP command field and press enter. Step 2) Follow the menu path and click on IMG activity “Maintain Controlling Area”

How do I assign company codes to the controlling area?

SPRO > SAP Reference IMG > Enterprise Structure > Definition > Controlling > Maintain Controlling area SPRO > SAP Reference IMG > Enterprise Structure > Assignment > Controlling > Assign Company Codes Controlling area You can follow these menu paths for the 2 main steps or use transaction code OKKP to do both.

How to maintain controlling area in SAP with okkp?

How to maintain controlling area in SAP. The controlling area in SAP can be created either by using transaction code OKKP or Implementation guide menu path. Step 1) Enter transaction code “SPRO” in the SAP command field and press enter. Step 2) Follow the menu path and click on IMG activity “Maintain Controlling Area”.