SAP Business One has a number of tools to support companies with controlling. This not only refers to cost centre accounting, which is a module of the Financial management in SAP Business One. Controlling based solely on posted accounts is no longer sufficient to map the various facets of this important area of the company.
But what is that actually? Controlling?
For those who speak English, the word is simple at first. After all, "to control" means to control, steer and monitor. However, the internal accounting often referred to as "controlling" - or management accounting. But let's stay with controlling.
Basically, there is a whole range of definitions. Controlling is also defined as the system for the complete Planning, Cost and performance accounting is the term used to describe the management and control of a company to increase its profitability. Cost and performance accounting forms an important basis for this. The results are primarily relevant for internal accounting. All controlling measures thus become a good basis for management decisions: in the determination of objectives, the implementation and improvement of all processes.
The planning, management and control of corporate strategies are therefore the tasks of controlling. Target/actual comparisons - so-called deviation analyses - can be used to determine the reasons for deviations and thus define new measures. In reality, this procedure often fails because the "controller" himself has no decision-making authority and is dependent on approval from management. This is a problem that does not necessarily occur with a system solution, as the company management itself has access.
The fact that constant access to analyses from cost and performance accounting is an advantage for decision-makers should be self-explanatory. The various sub-areas of controlling are also worth mentioning, as they explain the area of responsibility well.
For personnel decisions
Personnel costs, control, deployment, development and optimisation. As an often large part of operational costs, this part requires a lot of... Controlling!
For purchasing
As in-house production in manufacturing companies has shrunk, purchasing costs (procurement costs) have taken on a new significance. materials management is therefore also emphasised in controlling with a corresponding reporting system.
For projects
That Project controlling is an important part of project management. Especially in large projects today, it is necessary to track progress and constantly optimise planning. Personnel resources and tasks can be managed efficiently using controlling. Project reporting always shows the current status in terms of costs, time and the various milestones.
For IT
The enormous IT infrastructure that is used in most companies should ensure better management of IT costs through IT controlling (good calculation of IT projects).
For the green image
A fairly new field - yet relevant for more and more companies that would like to hang the eco-sign in front of their doors. "Eco-controlling" of measures and units of measurement such as CO2 is helpful here.
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