Description

SAP Controlling (CO) is a cost monitoring and management platform designed for finance managers and decision-makers. It enables users to coordinate and monitor managerial accounting processes; record the consumption of production factors; control business flows and determine variances by comparing actual data with plan data; handle costs through income statements and assign revenues to different cost assignment objects; calculate the minimum price of a product before marketing. Features include cost element accounting, budget management, transaction management, overhead analysis, and inventory valuation.