What is 'Controlling object' in SAP CO - Controlling?

Controlling object - Overview

• Component: CO

• Component Name: Controlling

• Description: Organizational unit in the application component: area Cost element Revenue element Profit center Investment center Cost center Activity type Order Project Business transaction WBS element Cost object Business process Operating concern Profitability segment Object class

Controlling object - Details

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  Key Concepts: 
  Controlling object is a term used in SAP Controlling (CO) to refer to the objects that are used to plan, monitor, and analyze costs and revenues. These objects can be cost centers, orders, projects, and other objects that are used to track and analyze financial data. 
  
  How to use it: 
  Controlling objects are used to plan and monitor costs and revenues in SAP Controlling. They can be used to create budgets, track actual costs and revenues against the budget, and analyze variances between the two. They can also be used to track profitability of different projects or orders. 
  
  Tips & Tricks: 
  When creating controlling objects in SAP Controlling, it is important to ensure that they are properly linked to other objects such as cost centers or orders. This will ensure that all of the data is properly tracked and analyzed. It is also important to ensure that the controlling objects are properly maintained over time as changes in the business may require changes in the controlling objects. 
  
  Related Information: 
  For more information on controlling objects in SAP Controlling, please refer to the SAP Help Portal or contact your local SAP consultant.