AC040 - Business Processes in Management Accounting

Unit 1: Management Accounting Overview

Comparing Financial Accounting and Management Accounting

• Compare Financial Accounting and Management Accounting
• Specify the general tasks of Management Accounting
• Explain how management accounting is integrated with other SAP applications

Defining Specific Tasks of Management Accounting Components

• Specify cost element accounting tasks.
• Specify Overhead Cost Controlling (CO-OM) tasks
• Specify product cost controlling (CO-PC) tasks
• Specify profitability and sales accounting tasks

Unit 2: Organizational Units and Master Data in Management Accounting

• Identifying Organizational Units Used in Management Accounting
• Maintaining Master Data in Overhead Management Accounting
• Maintaining Additional Master Data in Overhead Management Accounting

Unit 3: Analytics in Management Accounting

Analyzing Financial Values in Management Accounting

• Identify the reporting options in Management Accounting

Using Report Painter Reports

Using the SAP List Viewer

Using Drilldown Reports

Unit 4: Planning in Management Accounting

Identifying Planning and Cost Allocation Methods

• Define the importance of planning
• Identify cost accounting methods
• Identify versions used in planning
• Verify the planning layout and planner profiles

Identifying Planning Options in Overhead Management Accounting

• Plan statistical key figures
• Plan primary costs
• Plan activity types

Optimizing Planning in Overhead Management Accounting

• Calculate the plan activity price
• Identify typical planning steps
• Plan costs using Easy Cost Planning

Unit 5: Integrated Planning Process in Management Accounting

Integrating Sales Planning with Overhead Management Planning

• Identify the integrated planning cycle for manufacturing
• List the application components of the integrated planning cycle

Integrating Overhead Management Planning with Business Plans

Identifying the Integrated Planning Cycle for Service Industries

Identifying the Integrated Planning for Profit Center Accounting

• Use integrated planning for profit centers by enabling the Integrating Planning indicator
• Transfer planning data from the CO-PA (Profitability Analysis) to the General Ledger

Integrating Activity-Based Costing

• Identify master data for business processes
• Allocate costs with templates

Unit 6: Characteristics of Accounting Logic Integration

Identifying Postings from Other Applications

• Identify posting logic
• Check the impact of the new general ledger

Posting from Financial Accounting and SAP HCM

• Create a general ledger account posting.

Creating Postings from Material Management

• Post a goods issue to cost centers
• Create a purchase order

Posting to Statistical Orders and Real Orders

• Post expenses to statistical orders

Unit 7: Daily Postings in Management Accounting

Posting Actual Costs in Overhead Management Accounting

• Correct posting errors
• Post a direct activity allocation
• Use the Cross-Application Time Sheet

Budgeting Projects and Using Execution Services

• Budget projects
• Use Execution Services

Analyzing Cost Object Controlling Scenarios

Creating and Analyzing Postings in a Make-to-Stock Environment

Creating and Analyzing Postings for Selling Make-to-Stock Goods

Creating and Analyzing Postings for Selling Services

Unit 8: Period-End Closing Aspects of Management Accounting

Performing Period-End Closing for Overhead Cost Controlling

• Outline general methods of cost allocation
• Use periodic cost and quantity allocation
• Identify period-end closing activities for Overhead Cost Controlling

Performing Periodic Cost Allocations to Product Cost Controlling

• List typical steps in period-end closing in Product Cost Controlling
• Perform periodic cost allocation

Performing Final Costing for Product Cost Controlling

• Calculate work in process
• Calculate variances
• Carry out settlement of a production order

Managing Profit Analysis in Management Accounting

• Analyze the data flow in Profitability Analysis
• Analyze the data flow and profit of profit centers