SAP CO Submodules - SAP FICO

What are the different Submodules of SAP CO?

Some of the key submodules of SAP CO are as follows:

  • Cost Element Accounting – The overview of the costs and revenue associated with an organization is provided by the Cost and Revenue Element Accounting. The values are moved from Financial Accounting to Controlling automatically by the system. Cost and Revenue Element Accounting only calculates costs which either do not have another expense or only one expense in Financial Accounting.
  • Cost Center Accounting − Cost Center Accounting is used for controlling purposes within your organization.
  • Activity-Based-Accounting − It is used to analyze cross-departmental business processes.
  • Internal Orders − Internal orders in SAP CO are used to collect and control according to the job that incurred them. The budgets for these jobs can be assigned that is system monitored to ensure that they are not exceeded from the set budgets.
  • Product Cost Controlling – The cost for manufacturing a product or providing a service is calculated by this module. The price at which profits can be made is calculated by this module.
  • Profitability Analysis − It is used to analyze the profit or loss of an organization by individual market segments. Profitability Analysis provides a basis for decisionmaking. For example, it is used to determine price, conditioning, customer, distribution channel, and market segment.
  • Profit Center Accounting – The individual’s profit or loss is evaluated by this sub-module. Since they are the profits and losses which are accountable for costs and revenues.

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