Course Outline
Introduction to Management Accounting in SAP S/4HANA
- Comparative overview of Financial Accounting (FI) versus Management Accounting (CO)
- Integration strategies between management accounting and other SAP modules
- Major innovations introduced in the S/4HANA platform
Organizational Structures in Management Accounting
- Controlling Area
- Company Code
- Profit Center
- Segment
Master Data in Management Accounting
- Cost elements
- Cost centers
- Internal orders
- Profit centers
- Functional Area
The Universal Journal (ACDOCA) Explained
- Fundamentals of the Universal Journal concept
- Key data fields and the unification of financial and management accounting data
Cost Center Accounting
- Defining the structure and objective of cost centers
- Establishing cost centers and cost center groups
- Cost allocation techniques using distribution and assessment methods
Planning in Cost Center Accounting
- Setting up cost center planning parameters
- Managing cost center plan allocations
Internal Orders
- Understanding the scope and utility of internal orders
- Creation and ongoing management of internal orders
- Monitoring performance and executing settlements for internal orders
Profit Center Accounting
- Foundations of profit center accounting
- Linking profit centers to company codes and cost centers
- Generating reports and monitoring profit center performance
Product Cost Controlling
- Principles of product cost planning
- Utilizing Bills of Materials (BOM), routings, and activity types
- Developing material cost estimates based on quantity structures
Actual Costing and Material Ledger
- Core concepts underlying actual costing
- Configuring the Material Ledger
- Performing cost component splits and variance analysis
Integration with Financial Accounting (FI)
- Key integration touchpoints between CO and FI modules
- Achieving real-time synchronization between management and financial accounting
Integration with Logistics and Production
- Aligning controlling functions with logistics (Materials Management and Production Planning)
- Conducting costing and profitability analyses in production environments
Reporting in Management Accounting
- Available reporting tools within SAP S/4HANA
- Overview of SAP Fiori apps tailored for Management Accounting
- Developing and maintaining custom reports
Profitability Analysis (CO-PA)
- Distinguishing between account-based and costing-based profitability analysis
- Executing reporting and analysis tasks within CO-PA
Summary and Future Directions
Requirements
- Foundational knowledge of business processes within SAP S/4HANA
- Working familiarity with financial accounting principles
- Basic competence in SAP GUI usage and navigation
Target Audience
- Application consultants
- Business process owners
- System administrators
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…
