The Cost Accounting and Control Module includes all the necessary functions needed for the cost and income calculations that will assist the companies in their decision making processes. Enables effective planning and an advantage in controlling with the analysis and reports that will optimize the processes by functions that focus on the cost and profit centers.
SAP Cost Accounting involves the below processes:
Cost and Income Types Accounting (CO-CEL)
Enables to make efficient decisions related to cost items, production and production factors by analyzing and monitoring the costs and incomes of the company. The changes in costs are constantly updated with the automatic flow of the required data from the General Accounting Module (FI).
General Cost Control (CO-OM)
It involves monitoring, planning, detailed analysis and control of the company activity costs. It is essential for the data required in accurate product costing and profitability analysis.
Cost Center Accounting (CO-OM-CCA)
It is used to control the expenses by determining the cost centers and where they were made. This makes it possible to control the cost efficiency of all of the functional areas and provides decision making information for management.
Internal Purchases (CO-OM-OPA)
The monitoring, planning, analysis of the inner functional costs of internal purchases such as: production, maintenance and repair, investment, marketing, research and development. Enables these expenses to be kept under constant control by periodically comparing the planned and incurred expenses.
Activity Based Cost Accounting (CO-OM-ABC)
While the Cost Center Accounting provides data of expense centers, the Activity Based Cost Accounting aims to enable the costs to subsidize the enterprise targets by assessing the costs strategically.
Profitability Analysis and Profit Center Accounting (CO-PA / EC-PCA)
The enterprise is divided into separate areas and the costs and incomes of these units are analyzed, periodically compared and the generated cost/income simulations’ effects on profitability are monitored.
Product Cost Accounting (CO-PC)
Is the application that calculates the costs of the product production process. Is the basis of determining the right price for the product to be profitable and to decide for the production amount.
