Academy · Controlling · 100 Foundations
Management Accounting in SAP S/4HANA: Overview
Introduces management accounting (Controlling) in SAP S/4HANA: why it exists next to financial accounting, its components (overhead cost controlling, product cost controlling, margin analysis and profit center accounting), the cost flow from expense postings to market segments, the controlling area and its currencies, and why controllers and accountants now report from one Universal Journal. Built around Contoso Motor Co.'s Detroit and Chicago plants.
- 49 minutes
- 5 lessons + quiz
- Controlling Practitioner, Key User, Business User, Process Owner, Test Lead
What you’ll be able to do
- Describe the purpose of management accounting versus financial accounting
- Name the main controlling components and the objects they use
- Explain the cost flow from primary postings to market segments
- Explain the role of the controlling area and its currencies
- Describe why controlling no longer needs FI-CO reconciliation in the Universal Journal
Sources and further reading
- Describing the Components of Management Accounting (Cost Center and Internal Order Accounting in SAP S/4HANA) · SAP Learning
- Getting an Overview of SAP S/4HANA (Cost Center and Internal Order Accounting in SAP S/4HANA) · SAP Learning
- Entering Primary Postings (Cost Center and Internal Order Accounting in SAP S/4HANA) · SAP Learning
- Managing Master Data (Cost Center and Internal Order Accounting in SAP S/4HANA) · SAP Learning
- Performing Period-End Closing (Cost Center and Internal Order Accounting in SAP S/4HANA) · SAP Learning
- Costing-Based CO-PA vs. Margin Analysis (Profitability Analysis in SAP S/4HANA) · SAP Learning
- What Is SAP's Universal Journal? · SAP PRESS Blog