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SAP cost center accounting training

SAP COST CENTER ACCOUNTING TRAINING

SAP cost center accounting training:

SAP cost center accounting training at Global Online Trainings gives you the detailed information from basic level to advanced level. SAP cost center accounting is an open source framework and it is a gathering of single applications to combine together to send a business enterprise system. SAP cost center accounting depends on the architecture of filters and pipes. SAP cost center accounting training is provided by Global online trainings. We are providing the best quality SAP cost center accounting training at a reasonable price with the practical knowledge. Our Global Online Trainings are one of the best online training in India. Our trainers are most experienced on SAP cost center accounting. Before going to the SAP cost center accounting course, let’s have a look at the basics of SAP Controlling Training. Global online trainings provide SAP cost center accounting training by experts. SAP cost center accounting Training offers you all the concepts regarding the course. We have trainers from various states provides you the complete knowledge regarding the course.

At Global Online Trainings, we provide you the deep knowledge regarding the SAP cost center accounting Online, Corporate Training Course. We also provide you the SAP cost center accounting online course training materials during the training. For more details about SAP cost center accounting training, contact our help desk.

Mode of Training: SAP cost center accounting training / SAP cost center accounting corporate training / SAP cost center accounting Training.

Program Duration: If required Program Duration can be optimized(30 Hours).

Materials: Yes, we are providing materials for best SAP cost center accounting training.

Course Fee: Any one can register in our website, so that we will contact you.

Trainer Experience: 10+ years.

 

Overview of SAP cost center accounting training:

Global online trainings are one of the best online training in India. We are providing the best quality online training at a reasonable price and the best Top SAP cost center accounting Courses Online training by Global Online Trainings. For any reason students miss the session we will provide for backup sessions. According to student flexibility we will provide online training. We have highly experienced trainers for SAP cost center accounting training. They have 12 years of experience in SAP cost center accounting training. Global Online team will be available for 24 hours and will solve any queries regarding the SAP cost center accounting training.

Postings to Cost Centers

System will create two documents depending on FI object (Financial Accounting Object) and CO object (Controlling Object). They are

Cost Centers Documents

  • For FI object – FI document (Financial Accounting Document)
  • For CO object– CO document (Controlling Document)

There is always a link between FI document and CO document. For each module it has to read its own document. For FI module there is FI document and for CO module there is CO document. But the process between the FI document and CO document both are the same.

At the time of Financial Accounting Posting you can indicate the cost object.

In the CO (Controlling) module there are two types of postings they are Real postings and Statistical Postings.

  • Real Posting: In Real Postings, only one Real Posting takes place. We can assign Real posting to other cost objects.
  • Statistical Posting: We can do as many Statistical Postings. This is used for only informational purposes.

Systems identifies, whether it is a Real Posting or Statistical Posting based on the properties of cost object. We can make Real posting or Statistical posting to cost centers and to internal orders.

Master Data:

Cost center accounting is divided into three master records. They are Cost centre, Activity type, Statistical key figure.

The best SAP cost center accounting certification course Training by real time trainers. Best SAP Controlling Training certification is also provided more than 60+ students are trained in this SAP cost center accounting Training Courses. We have strong academic background in SAP Controlling Training. If you have any queries regarding the SAP Controlling Training, please call the help desk and we will get in touch and classroom training at client premises Noida Bangalore, Gurgaon, Hyderabad, Mumbai, Delhi and Pune.

Some of the important Configurations are as follows:

Standard Hierarchy:
  • In the Cost Centre Accounting (CCA) there is a key development area known as Standard Hierarchy.
  • The structure of the Standard Hierarchy is a tree structure. This represents all cost centers that are related to controlling area from a controlling perspective.
  • Standard Hierarchy act as the one repository for all cause factors.
  • We can create additional or alternate Hierarchies to meet additional reporting requirement and possible use in the allocation process.
  • Whenever we create Master Data you first need standard Hierarchy.
Creation of the Standard Hierarchy:

For creating the Standard Hierarchy we should follow the following steps.

  • Step 1: IMG
  • Step 2: Controlling
  • Step 3: Cost Center Accounting
  • Step 4: Master Data
  • Step 5: Cost Centers
  • Step 6: Standard Hierarchy
Cost Center Categories:
  • Cost Center Categories is used for setting defaults on the cost center master data.
  • The nature of the Cost centers can be identified by the Cost Center Categories.
  • For activity planning of a cost center these Cost center categories are also used.
  • If we want to change any categories than it should be done before the transactional data is posted to a cost center.
Creation of the Cost Center Categories:

For creating the Cost Center Categories, We should the follow the following steps.

  • Step 1: IMG
  • Step 2: Controlling
  • Step 3: Cost Center Accounting
  • Step 4: Master Data
  • Step 5: Cost Centers
  • Step 6: Cost Categories
Cost Center:
  • The smallest area which causes and influences the costs is called Cost Center.
  • Cost Centers are also linked to specific business area, Company code and profit center.
Creation of the Cost Center:

For the creation of the Cost Center, we should follow the following steps.

  • Step 1: IMG
  • Step 2: Controlling
  • Step 3: Cost Center Accounting
  • Step 4: Master Data
  • Step 5: Cost Centers
  • Step 6: Create Cost Centers
Cost Center Groups:
  • For establishing accountability and responsibility for one or more cost centers in the Standard Hierarchy, Logical groupings of cost centers are used.
  • If there is atleast one group that contains all cost centers and which represents the entire business organization than that group is known as Standard hierarchy.
Creation of the Cost Center Groups:

For the creation of the Cost Center Groups, we should follow the following steps.

  • Step 1: IMG
  • Step 2: Controlling
  • Step 3: Cost Center Accounting
  • Step 4: Master Data
  • Step 5: Cost centers
  • Step 6: Cost Centers Groups

These are the some of the important Configurations of Cost Center Accounting and the detailed Configurations of Cost Center Accounting are explained during SAP cost center accounting training at Global Online Trainings.

Learn about SAP FICO training:

SAP ERP (Enterprise Resource Planning):

  • The old name of SAP ERP (Enterprise Resource Planning) was SAP R3.
  • In SAP R3, where R stands for Real time data processing and 3 stands for three-tier structure.
  • The three-tier structures are
  1. Application layer: A layer in which all the transactions are processing is called Application layer. It process with the database and gets all the information.
  2. Presentation layer: Presentation layer is a layer in which we use SAP screen to login is called SAP GUI (Graphical User Interface). This screen is used by the customer or the clients to do all the transactions.
  3. Database layer: All data is stored in SAP like all transaction data all information etc.
Some of the important modules of SAP are
  • FI module stands for Financial Accounting module.
  • CO module stands for controlling module.
  • MM module stands for Materials Management module.
  • SD module stands for Sales and Distribution module.
  • PS module stands for Project Systems module.
  • HR module stands for Human Resources module.

SAP FI:

  • In SAP, FI stands for Financial Accounting, this is used to manage the financial transactions of the organization. These transactions are recorded in a Balance Sheet and Income Statement.

SAP CO:

  • In SAP, CO stands for Controlling, CO module helps in supporting the process of planning, reporting and monitoring the operations of the business. This is used to manage the costs and helps in increasing the profitability.

These are the basic concepts of SAP FICO training and the detailed concepts are explained during our Sap cost center accounting training at Global online trainings.

Learn about SAP infrastructure:
  • In a Central Configuration Management Database (CMDB), all the components of IT infrastructure such as computers, printers and servers are controlled by SAP infrastructure management.

SAP infrastructure training is explained in detailed in our Sap cost center accounting training at Global online trainings.

Conclusion of SAP cost center accounting Training:

SAP cost center accounting Training is provided by leading online training cloud Global Online Trainings from India. We are having the best trainers and they have years of experience in training on all modules of SAP cost center accounting. Students who are looking to get positions in IT field in SAP cost center accounting and fresher who are got job with less skills and knowledge are also can take our online training. In this training our trainers will provide valuable information and important tips and those are pretty helpful to got job in interviews. For more details and contact information visit our official website.

 

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