What Must You Know About SAP CO And SAP ABAP?

Posted by Satya Kaushik on April 13th, 2021

In this article, you will know about both the modules of SAP: SAP CO and SAP ABAP.

SAP CO: -

About-

SAP Controlling (CO) is another essential unit of SAP that is provided to an organization. The optimization, monitoring, and coordination of all the organizational processes are supported by it. SAP CO includes accounting for the consumption of inputs and services offered by an organization.

SAP CO incorporates the management and personalization of core data that covers cost and profit centers, internal orders, and other cost components and functional areas.

The main aim of the SAP controlling module is scheduling. This allows you to identify variances by comparing real data with planned data, and thus allows you to control business flows in your organization.

If you want to gain more information about the SAP CO module, refer to the SAP CO Online Training in India. It will help you in performing the tasks based on the plan and budget of the SAP CO system.

What are the components of SAP CO?

• Product Costing: It is a complex functionality that is used for analyzing costs applied during the process of manufacturing if a product. It can be combined with other components of CO and logistic, modules like Production Planning and Materials Management and is used in the creation and purchasing decisions.
• Profitability Analysis: It is an accounting tool for management that is used for the evaluation of profit of predetermined market fragments or business areas from an extraneous perspective.
• Activity-Based Costing: In this cost is based on the allotment to a particular process of business.
• Cost Center Accounting: It revolves around the accounting that is based on cost inside a single entity of a company.
• Profit Center Accounting: This functionality is focused on judging the profit and loss of an organization by a particular entity from the perspective of an internal.
• Cost Element Accounting: This helps in categorizing posts by type. The cost can either originate in FI (primary) or CO independent (secondary).
• Internal Order Accounting: This component allows tracing of a particular occurrence that is dependent on the organization’s code; costs ultimately resolve to other CO areas.

SAP ABAP: -

About-

ABAP (Advanced Business Application), a high-level programming language developed by SAP, helps large companies customize SAP ERP. ABAP can assist with workflow for financial accounting, asset management, materials management, and other SAP modules. The current SAP NetWeaver development platform also supports ABAP and Java.

To explore more about the respective field, enroll yourself in the SAP ABAP Course in Gurgaon. This course will help you in enhancing your skills and will offer you hands-on experience on the technology.

What are the components of SAP ABAP?

The components of SAP ABAP modules are:

• ABAP Editor: It is significantly used for maintaining programs.
• Menu Painter: This component of ABAP helps in the development of a GUI that includes toolbars and menu bars.
• Data Modeler: Graphical modeling is supported by this component.
• Screen Painter: It is used to manage the screen elements for online programs.
• Function Builder: It helps in creating and managing the function groups and modules.
• ABAP Dictionary: This component is used to maintain the objects of the Dictionary.
• Repository Browser: It helps in displaying an ordered structure of the elements in a package.
• Workbench Organizer: It allows you to manage several projects of development, which are maintained by developers for the purpose of distribution.
• Repository Information System: It saves information regarding the creation and runtime objects such as table structures, data models, functions, and programs.

Conclusion:

You use the SAP CO module to plan, report, and monitor business processes. It offers the information to make decisions related to management. SAP ABAP, on the other hand, is used by developers for the development of the SAP R3 platform. It facilitates you in creating your own reports and interfaces.