SAP Management Accounting on S/4HANA follows the complete process of SAP CO along with using the advancement of S/4HANA technology. It is based on the HANA platform, which works on cloud technology. It also includes the migration of the financial process to HANA along with all updates in the architecture of Management Accounting, Further, it carries the functionalities of Master data management, Ledger Posting, data model etc.Major components of SAP Management Accounting
The Controlling elements describe all elements that you should consider as you are setting up a Controlling organizational structure.
- Controlling Area – Overhead cost controlling
- Cost Centers Accounting
- Profit Centers Accounting
- Internal Orders
- Cost elements
- Product Costing