SAP R/3 v4.x CO Cost Object Controlling

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Summary: SAP R/3 v4.x CO Cost Object Controlling
Review: Course Overview
This course is designed to show how Cost Object Controlling is carried out in SAP R/3. It provides a general introduction to the theory of Cost Object Controlling and introduces the relevant menus and screens. The course shows where direct costs and overheads are entered and covers aspects of bills of materials and routings. The steps involved in processing an order as well as the associated phases of preliminary costing, simultaneous costing and final costing are also covered. The course gives employees, working within internal accounting , the essential skills to carry out tasks within cost object controlling, dealing with all the costs related to the production process and important for product cost calculation.

Learn To
Product cost planning.
Cost control.
Product cost controlling.
Create orders.
Create master data.


Audience
This course is aimed at management, internal accounting, staff working in cost and budget control, staff in external accounting, development, and sales and distribution. Prior exposure to the following courses is recommended: - 12272 Working with SAP R/3 - 12861 CO-OPA Internal Orders

Deployment Options
e-Learning

Accreditation
NASBA credits: 4 CPE Credits

Language Options
German, UK English, US English

Total Learning Time
6 hours

Objectives

Unit 1: Principles of Cost Object Controlling 2 hours
Basic principles.
Components of cost accounting.
Result of cost object controlling.
Product cost planning.
Cost usage.
Cost control.

Unit 2: Basic Functions 2 hours
Time-based costing.
Preliminary costing.
Simultaneous costing.
Final costing.
Product cost controlling.
Costing control.
Costing variant.
Valuation variant.

Unit 3: Requirements for Cost Object Controlling 1 hour
Costing sheet.
Absorption costing.
Direct costs.
Overhead costs.
Logistic database. * Bills of material. * Routings. * Controlling database. * Material master. * Activity types. * Overhead calculation.

Unit 4: Processing Orders 1 hour * Creating orders. * Creating master data. * Preliminary costing. * Releasing orders. * Confirming operations. * Confirmation and settlement. * Final costing. * Period-end closing. * Calculating overheads. * Work in progress. * Variances. * Settlement.