What is controlling area in SAP PS?

What is controlling area in SAP PS?

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.

How do you set a controlling area in SAP?

Maintain Controlling Area Definition: –

1. Step-1: Enter the transaction code OKKP in the SAP command field and click Enter to continue.
2. (OR)
3. Step-2: Select Maintain Controlling Area and click on Choose button.
4. Step-3: Click on New Entries.
5. Step-4: In the next screen, enter the below details.

What is the Assign controlling area?

Cost accounting is carried out in multiple company codes in one controlling area. All cost-accounting relevant data is collected in one controlling area and can be used for allocations and evaluations.

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.

How do you copy a controlling area in SAP?

Select the Controlling Area. Click on copy button. Give another FOUR digits name. Save it.

Where is controlling area for company code in SAP?

Click on SAP Reference IMG. Expand SAP Customizing Implementation Guide → Enterprise Structure → Assignment → Controlling → Assign Company Code to Controlling Area . Click on Execute. Step-2: – Select the Controlling Area, double click on it to open the controlling area details.

How do I change the default controlling area in SAP?

You can display or change the current controlling area in any transaction in Controlling. Choose Extras → Set CO Area A dialog box appears displaying the current controlling area. You can overwrite it if you want.

How do you set control indicators for controlling area?

How to Activate Components / Control Indicators in SAP

1. Step 1: Enter T Code OKKP and press enter to continue.
2. Step 2: On the Change View “Basic Data”: Overview screen, select the Position button and update CO area code, press enter.
3. Step 3: Block Controlling Area and double click on Activate Components/Control Indicators.

How are controlling areas and company codes related?

The controlling area is the central organizational unit of the Controlling (CO) component. You must assign a controlling area to your company code to ensure that this data is forwarded to Controlling for further processing for cost accounting.

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.

What is the purpose of the controlling module?

Purpose of Controlling Module: 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.

How do you copy control area?

How to create controlling area in SAP-SAP?

SAP Transaction code: OX06 SAP Menu Path: SPRO > IMG > Enterprise Structure > Definition > Controlling > Maintain controlling area. Step 1: Execute tcode “OX06” in the command field Step 2: On configuration screen of controlling area, click on new entries button to create new controlling area in SAP as per requirements.

How are PS modules assigned to existing units?

The above discussed PS module elements are assigned to the existing organizational units. I.e. these are assigned to the existing controlling area, company code, business area, profit center and plant. In short we can say that there is no independent org structure for PS module like SD and MM.

How does the PS system work in SAP?

About the Tutorial Project System (PS) is one of the key modules of SAP to perform project and portfolio management. It helps you to manage the project life cycle starting from structuring to planning, execution, until the project completion. Audience

What are the controlling modules in SAP ERP?

The SAP Controlling module in SAP ERP contains a variety of element or sub-modules. These elements offer great functionality for diverse controlling requirements. Here is a list of those Elements of SAP Controlling. 1. Cost Element Accounting Cost Element Accounting helps to structure revenues and expenses.