Who are the targeted audience for AC040 Business Process in MI?

AC040 Business Process in Management Accounting is evolved specifically to assist

1. Application Consultant
2. Business Analyst
3. Business Process Owner/Team Lead/ Power User
4. Help Desk/COE Support
5. Program/Project Manager

What are the Prerequisites for taking up AC040 Business Process in Management Accounting?

Essential Prerequisites include

Business Knowledge in area of Controlling

Recommended Prerequisites include

1. SAP01 SAP Overview
2. SAPFIN SAP ERP Financials
3. TERP20

SAP AC040 Business Process in Management Accounting Course Content

Unit 1: Management Accounting Overview

This unit offers analysis about Financial Accounting and Management Accounting

Lesson 1.1: Comparing Financial Accounting and Management Accounting

After an overview about the lesson, you will be able to
1. Commercially compare Financial Accounting and Management Accounting
2. Specify tasks of Management Accounting

Lesson 1.2: Defining Specific Tasks of Management Accounting Components

This lesson enables learner how to specify
1. Cost Element accounting tasks
2. Overhead Cost Controlling (CO-OM) tasks
3. Product Cost Controlling (CO-PC) tasks
4. Portability and sales accounting tasks

Unit 2: Organizational Units and Master Data in Management Accounting

This unit deals with Organizations, Master Data properties, and statistical figures

Lesson 2.1: Identifying Organizational Units used in Management Accounting

This lesson enables user to identify
Organizational units in Management Accounting

Lesson 2.2: Maintaining Master Data in Overhead Management Accounting

This lesson explains the concepts of
Maintaining Master Data in Overhead Management Accounting

Unit 3: Analytics in Management Accounting

This unit involves study of Financial Values and Report management

Lesson 3.1: Analyzing Financial Values in Management Accounting

This lesson captivates interest in
Identifying reporting options in Management Accounting

Lesson 3.2: Using Report Painter Reports

This lesson educates the user on how to Use Report Painter Reports

Lesson 3.3: Using the SAP List Viewer

This lesson provides information about how to Use a SAP List Viewer

Lesson 3.4: Using Drill down Reports

This lesson tells us how to use and review Drilldown Reports

Unit 4: Planning in Management Accounting

This unit defines the process of Planning and identifying options involved in Overhead Management Accounting

Lesson 4.1: Identifying Planning and Cost Allocating Methods

This lesson educates a user about how to
1. Understand importance of Planning
2. Identify Cost Accounting methods and versions used in Planning
3. Verify Planning Layouts

Lesson 4.2: Identifying Planning Options in Overhead Management Accounting

After completing this lesson you will be able to plan
1. Statistical Key Figures
2. Primary Costs
3. Activity Types

Lesson 4.3: Optimizing Planning in Overhead Management Accounting

This lesson helps to
1. Calculate Plan Activity
2. Identify the typical planning steps
3. Plan out costs using Easy Cost Planning

Unit 5: Integrated Planning Process in Management Accounting

This unit offers important topic study which includes Sales Planning, Business Plans and Activity Based Costing

Lesson 5.1: Integrating Sales Planning Cycle with Overhead Management Planning

This lesson helps us to
1. Identify Integrated Planning Life Cycle
2. List out application components of Integrated Planning Cycle

Lesson 5.2: Integrating Overhead Management Planning with Business Plans

This lesson helps us to integrate Overhead Management planning along with Business Plans

Lesson 5.3: Identifying Integrated Planning Cycle for Service Industries

This lesson defines the Integrated Planning Life Cycle

Lesson 5.4: Identifying Integrated Planning for Profit Center Accounting

This lesson enables user understand about
1. Use of Integrated Planning for Profit Centers
2. Planning Data Transfer from CO-PA to General Ledger

Lesson 5.5: Integrated Activity Based Costing

This lesson helps you to
1. Identify Master Data
2. Allocate Costs with Templates 

Unit 6: Characteristics of Accounting Logic Integration

This unit offers a detailed report about Postings and Statistical Orders

Lesson 6.1: Identifying Postings from Other Applications

This lesson helps to identify
1. Posting Logic
2. Impact of New General Ledger

Lesson 6.2: Posting from Financial Accounting and SAP HCM

This lesson explains creation of General Ledger account Posting

Lesson 6.3: Creating Postings from Material Management

This lesson helps us understand how to
1. Post Goods issue to cost centers
2. Create Purchase Order

Lesson 6.4: Posting Statistical Order and Real Orders

This lesson helps to calculate and post Expenses

Unit 7: Daily Postings in Management Accounting

This unit explain about Actual Costs pertaining to Accounts and Budgeting

Lesson 7.1: Posting Actual Costs in Overhead Management Accounting

This lesson helps us in performing the below tasks
1. Correcting all posting errors
2. Posting a direct activity allocation
3. Use Cross-Application Time Sheet

Lesson 7.2: Budgeting Projects and Using Execution Services

In this lesson the user will learn about
1. Budgeting Projects
2. The process of using Execution Services

Lesson 7.3: Analyzing Cost Object Controlling Scenarios

This lesson helps us to analyze Production Cost

Lesson 7.4: Creating and Analyzing Postings in a Make-to-Stock Environment

This lesson provides insights about how to create and analyze Postings in make-to-stock environment

Lesson 7.5: Creating and Analyzing Postings for Selling Make-to- Stock Goods

This lesson assists in Creating Postings for selling make-to-stock goods

Lesson 7.6: Creating and Analyzing Postings for Selling Services

This lesson helps us understand Creation and analyzing of Postings for Selling services

Unit 8: Period-End Closing Aspects of Management Accounting

In this unit you will know about how to perform Period-End Closing and Cost Allocations to Product Cost.

Lesson 8.1: Performing Period-End Closing for Overhead Cost Controlling

This lesson consists of
1. General methods used for Cost Allocation
2. Theories related to the Periodic Cost and Quantity Allocation
3. Understanding Period-End Closing activities

Lesson 8.2: Performing Periodic Cost Allocations to Product Cost Controlling

This lesson consists of syllabus which includes
1. Typical steps involved in Period-end Closing of Product Cost Controlling
2. Periodic Cost Allocation

Lesson 8.3; Performing Final Costing for Product Cost Controlling

This lesson insists on the procedure of how to calculate
1. Work in progress
2. Variances
3. Settlement of Production Order

Lesson 8.4: Managing Profit Analysis in Management Accounting

This lesson analyzes about data flow in
1. Profitability analysis
2. Profit of Profit Centers

SAP AC040Course Duration

5 Days

Course Delivery Methods

Classroom Training
Online Training - Led by SAP Subject Matter Experts
Video Tutorial - Self Paced Learning Videos

SAP Software Release

EHP7 for ERP 6.0