“I feel this is a good opportunity for me to thank Author Ashish Sampat for his kind help and guidance in SAP controlling. Learning SAP FI was fun but learning SAP CO was a nightmare, I could not understand the concept behind so many things in the controlling module. While searching for the SAP controlling material, I came across “First Steps in SAP Controlling (CO) Kindle Edition, by Author Ashish Sampat. I didn't buy the book immediately, but wanted to know whether the author could help my doubts, which others could not able to, or whomever I asked controlling related issues, everybody said was just follow the material or memorize it. I connected with Ashish Sampat on LinkedIn and started asking him silly to good questions and he answered all my questions selflessly. He cleared my doubts about business scenarios, SAP controlling, and even SAP FI-related issues immediately. I started liking Controlling and tried to understand the logic behind each process which I never understood when I was learning Managerial Accounting and Cost Accounting. His kind mentoring not only helped me but it helped others too. Whenever there was an issue in our study circle and could not solve the questions, we always approached him and he selflessly on time logically answered all the questions. He has a great patience. I would like to take this opportunity to thank him for his guidance, kind gesture, and selflessly guiding without charging me a single dime. He is a great humble mentor in SAP Controlling World. It's rare in SAP World to selflessly help others. I am lucky to have him as my coach and mentor.”
About
SUMMARY
• Qualified Finance and Costing professional: MBA-Finance, Cost Accountant…
Activity
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Ashish Sampat outlines, in this blog, proven approaches to accelerate the SAP Controlling Close cycle by leveraging automation, optimizing job…
Ashish Sampat outlines, in this blog, proven approaches to accelerate the SAP Controlling Close cycle by leveraging automation, optimizing job…
Liked by Ashish Sampat
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Rogerio Faleiros - SAP CO in this blog, discusses the SAP Closing Cockpit, and its cloud successor, Advanced Financial Closing (AFC). See Rogerio…
Rogerio Faleiros - SAP CO in this blog, discusses the SAP Closing Cockpit, and its cloud successor, Advanced Financial Closing (AFC). See Rogerio…
Liked by Ashish Sampat
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🔥 It was 11 PM. Period-end was in 3 hours. And our standard cost estimate refused to release. I've been in SAP CO for over 28 years — IBM…
🔥 It was 11 PM. Period-end was in 3 hours. And our standard cost estimate refused to release. I've been in SAP CO for over 28 years — IBM…
Liked by Ashish Sampat
Experience
Education
Publications
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SAP S/4HANA Delta for CO Configuration
Espresso Tutorials
See publicationThis book focuses on customizing and design changes for Controlling in SAP S/4HANA. Understand the changes to the functionality in SAP S/4HANA Finance, and how to configure them for Controlling. Compare the features of SAP Controlling in ECC and in SAP S/4HANA. Learn about modifications in SAP S/4HANA that are specific to Controlling. Obtain detailed guidelines for ledger and currency types in SAP S/4HANA. Find out about important design and configuration changes, including: cost elements now…
This book focuses on customizing and design changes for Controlling in SAP S/4HANA. Understand the changes to the functionality in SAP S/4HANA Finance, and how to configure them for Controlling. Compare the features of SAP Controlling in ECC and in SAP S/4HANA. Learn about modifications in SAP S/4HANA that are specific to Controlling. Obtain detailed guidelines for ledger and currency types in SAP S/4HANA. Find out about important design and configuration changes, including: cost elements now part of G/L Account, cost of goods sold (COGS) split in FI, production variance split in FI, profitability analysis in SAP S/4HANA, and Material Ledger in SAP S/4HANA. Discover more about embedded analytics and other innovations.
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Guia para iniciantes do SAP Controlling [Portuguese Translation of First Steps in SAP Controlling (CO)]
Espresso Tutorials
See publicationISBN: 9783960124580
https://www.amazon.com.br/Guia-Para-Iniciantes-Controlling-Entusiasmante/dp/1979758425/
http://www.espresso-tutorials.com.br/0188.php
Este livro fornece uma introdução abrangente ao SAP ERP Controlling (CO). O leitor saberá mais sobre os fundamentos da estrutura organizacional, dados mestre e funções do SAP Controlling, incluindo o controle de custos indiretos, custos do produto, fechamento mensal e geração de relatórios. Se você quer entender os fundamentos…ISBN: 9783960124580
https://www.amazon.com.br/Guia-Para-Iniciantes-Controlling-Entusiasmante/dp/1979758425/
http://www.espresso-tutorials.com.br/0188.php
Este livro fornece uma introdução abrangente ao SAP ERP Controlling (CO). O leitor saberá mais sobre os fundamentos da estrutura organizacional, dados mestre e funções do SAP Controlling, incluindo o controle de custos indiretos, custos do produto, fechamento mensal e geração de relatórios. Se você quer entender os fundamentos básicos do SAP Controlling, este livro foi escrito para você! Obtenha informações detalhadas de como o SAP CO integra-se a outros módulos e adquira insight sobre diferentes áreas funcionais usadas em organizações manufatureiras. Mergulhe nos elementos de dados mestre do SAP ERP e encontre dicas de como manter dados de forma consistente e precisa. Tenha uma visão geral do planejamento do centro de custos, incluindo custos indiretos e de mão de obra. Entenda como o SAP Material Ledger pode ser usado para determinar custos de forma exata. Saiba identificar como os custos reais são calculados e absorvidos. Com um estudo de caso detalhado, exemplos reais, dicas e capturas de tela, o autor apresenta os fundamentos do SAP CO para o leitor iniciante.
- Visão geral de recursos e funções do SAP Controlling
- Atividades de fechamento mensal em SAP Controlling
- Planejamento do centro de custos e custo do produto, fluxo de custo real
- Exemplos e capturas de tela baseados em estudo de caso -
Vos premiers pas avec SAP Contrôle de gestion (CO) [French Translation of First Steps in SAP Controlling (CO)]
Espresso Tutorials
See publicationISBN: 9783960128069
https://www.amazon.fr/Vos-premiers-avec-Contrôle-gestion/dp/1978362358/
http://www.espresso-tutorials.fr/0186.php
Ce livre vous offre un introduction complète au module SAP ERP-Contrôle de gestion (CO). Vous y apprendrez les bases de la structure organisationnelle, des données de base et des fonctions de SAP Contrôle de gestion : le contrôle des frais généraux, le calcul du coût de revient par produit, la clôture mensuelle et le reporting. Si vous souhaitez en…ISBN: 9783960128069
https://www.amazon.fr/Vos-premiers-avec-Contrôle-gestion/dp/1978362358/
http://www.espresso-tutorials.fr/0186.php
Ce livre vous offre un introduction complète au module SAP ERP-Contrôle de gestion (CO). Vous y apprendrez les bases de la structure organisationnelle, des données de base et des fonctions de SAP Contrôle de gestion : le contrôle des frais généraux, le calcul du coût de revient par produit, la clôture mensuelle et le reporting. Si vous souhaitez en savoir plus sur les éléments fondamentaux de SAP Contrôle de gestion, à l'aide d'exemples s'appuyant sur une études de cas, ce livre est fait pour vous ! En suivant l'étude de cas fictive d'un fabricant de chocolat, vous découvrirez ces éléments fondamentaux à partir de plusieurs scénarios concrets sur les différentes fonctions clés (la budgétisation des coûts, le contrôle de la production, le calcul du coût de revient réel et les systèmes d'information). Vous explorerez en détail la manière dont SAP Contrôle de gestion (SAP CO) s'intègre aux autres modules SAP et vous considèrerez les différents domaines fonctionnels dont les sociétés manufacturières ont habituellement besoin. Vous examinerez les éléments de données de base de SAP ERP et apprendrez quelques astuces permettant d'assurer la cohérence et l'exactitude des données. Vous évaluerez les différentes méthodes de budgétisation disponibles et vous vous familiariserez avec la budgétisation des centres de coût, et notamment la budgétisation des frais généraux et la budgétisation des coûts du personnel.
- Réalisez la budgétisation des centres de coût et des coûts de revient par produit, les flux de coûts réels.
- Adoptez les bonnes pratiques pour l'absorption des coûts grâce à la fonction Contrôle des coûts par produit.
- Effectuez les clôtures mensuelles dans SAP Contrôle de gestion.
- Suivez une étude de cas présentant des exemples concrets et intégrant des captures d'écran. -
Q&A: Are you Optimally Utilizing Available Functionality within SAP Controlling?
ERPFixers
See publicationAlternate link to webcast recording can be found here: https://www.youtube.com/watch?v=KJDy0KdHtcc
Get answers to these questions:
- Which cost allocation method is better - Distribution or Assessment, when should I use one versus another?
- What are the different standard costing methods that are available for use, and under what circumstances should they be used?
- How does one go about correcting various error/ warning messages encountered during costing?
- What are…Alternate link to webcast recording can be found here: https://www.youtube.com/watch?v=KJDy0KdHtcc
Get answers to these questions:
- Which cost allocation method is better - Distribution or Assessment, when should I use one versus another?
- What are the different standard costing methods that are available for use, and under what circumstances should they be used?
- How does one go about correcting various error/ warning messages encountered during costing?
- What are the different cost objects that are available for use in SAP controlling?
- Under what circumstances should I go about automating WIP, Variance and Settlement jobs? -
Video review of ERPFixers
ERPFixers
See publicationAshish Sampat is an expert Fixer on ERPfixers providing on demand SAP assistance to SAP users. See what he has to say about his experience being a freelance SAP consultant.
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Expert Tips to Unleash the Full Potential of SAP Controlling
Espresso Tutorials
See publicationISBN: 9781536990973
https://espresso-tutorials.com/Controlling_0140.php
https://www.amazon.com/Expert-tips-Unleash-Potential-Controlling/dp/1536990973
This book is written for SAP Controlling (CO) professionals who want to learn expert tips to optimize their system performance for configuration, reconciliation, and reporting. Using a fictional chocolate manufacturing case study, each tip provides detailed information on aspects of the functionality, how it can help you, why…ISBN: 9781536990973
https://espresso-tutorials.com/Controlling_0140.php
https://www.amazon.com/Expert-tips-Unleash-Potential-Controlling/dp/1536990973
This book is written for SAP Controlling (CO) professionals who want to learn expert tips to optimize their system performance for configuration, reconciliation, and reporting. Using a fictional chocolate manufacturing case study, each tip provides detailed information on aspects of the functionality, how it can help you, why you should use it, and how to use it including SAP configuration steps. Obtain best practices for optimizing cost allocation methods, expediting material ledger close, and utilizing cost center overhead charges. Troubleshoot product costing messages and find out how to prevent GL account overrides during inventory posting transactions. Walk through best practices for effectively maintaining master data and standard costing methods. By using an integrated practical example and screenshots, the author informs readers on how to get the most out of their SAP ERP system.
- Optimize SAP ERP Controlling configuration, reconciliation, and reporting
- Transaction processing tips to ensure accurate data capture
- Instructions for avoiding common month-end close pain points
- Reporting and reconciliation best practices -
Webinar recording: Tips to increase Productivity in SAP
ERPCorp
See publicationI co-presented this webinar with Sydnie McConnell (My part starts at around 22 minutes)
This session was organized by Alice Adams of ERP Corp (organizer of the annual Controlling conference at San Diego, CA).
Join two seasoned SAP Controlling experts for a webinar on how to improve your productivity in SAP Controlling. Ashish Sampat and Sydnie McConnell will each share their top tips. -
How to make trading partner a required entry
ERP Corp
See publicationPart I: http://www.erpcorp.com/sap-controlling-blog/how-to-make-trading-partner-a-required-entry-part-i
Part II: http://www.erpcorp.com/sap-controlling-blog/how-to-make-trading-partner-a-required-entry-part-ii -
First Steps in SAP Controlling (CO)
Espresso Tutorials
See publicationISBN: 9781517032708
http://espresso-tutorials.com/Controlling_S0069.php
https://www.amazon.com/First-Steps-SAP-Controlling-CO/dp/1517032709/
This book offers a comprehensive introduction to SAP ERP Controlling (CO). You will learn the basic fundamentals of the organizational structure, master data, and functions of SAP Controlling, including overhead controlling, product costing, month-end closing, and reporting. If you would like to understand the basic fundamentals of…ISBN: 9781517032708
http://espresso-tutorials.com/Controlling_S0069.php
https://www.amazon.com/First-Steps-SAP-Controlling-CO/dp/1517032709/
This book offers a comprehensive introduction to SAP ERP Controlling (CO). You will learn the basic fundamentals of the organizational structure, master data, and functions of SAP Controlling, including overhead controlling, product costing, month-end closing, and reporting. If you would like to understand the basic fundamentals of SAP Controlling, with examples based on a case study approach, this book is for you! Using a fictional chocolate manufacturing company case study, you will learn fundamentals based on several day-in-the-life scenarios of various key functions such as cost planning, production controlling, actual costing, and information systems. Get detailed information on how SAP CO integrates with other SAP modules and obtain insight into the different functional areas typically used in manufacturing organizations. Dive into SAP ERP master data elements and get tips on how to maintain consistent and accurate data. Review the various planning methods available and get an overview of cost center planning, including overhead planning and labor cost planning. Understand how SAP Material Ledger can be used to accurately determine costs. Identify how actual costs are booked and absorbed. By using a detailed case study, practical examples, tips, and screenshots the author brings readers new to SAP CO quickly up to speed on the fundamentals.
- Cost center and product cost planning, actual cost flow
- Best practices for cost absorption using Product Cost Controlling
- Month-end closing activities in SAP Controlling
- Examples and screenshots based on a case study approach
Honors & Awards
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Controlling Community Award, 2017
ERPCorp
I am deeply honored to have been conferred with the annual Controlling Community Award at the opening of the Conference in San Diego in September 2017.
It is an honor to be in the elite company of leading figures in the field of SAP Controlling. Each day of the past two decades has been full of learning, I look forward to many more years of continued learning and sharing. This is an award not just for me but for the members of the Community – clients, consultants, practitioners. So thank you…I am deeply honored to have been conferred with the annual Controlling Community Award at the opening of the Conference in San Diego in September 2017.
It is an honor to be in the elite company of leading figures in the field of SAP Controlling. Each day of the past two decades has been full of learning, I look forward to many more years of continued learning and sharing. This is an award not just for me but for the members of the Community – clients, consultants, practitioners. So thank you all for making me the part of your Controlling journey!
About the Controlling Community Award:
The annual SAP Controlling Community Awards recognize individuals who have made outstanding contributions to the field of SAP Controlling. The awards highlight the important contributions that SAP users, developers and consultants have made to the business critical field of management accounting.
Award winners are nominated by the worldwide SAP community and are presented at the opening of the Controlling conference in San Diego, CA, the only dedicated conference for SAP professionals working with the management accounting (CO) module of SAP.
The winners of the 2017 awards were Ashish Sampat and John Jordan.
https://www.erpcorp.com/sap-controlling-blog/2017-sap-controlling-community-award-winners-announcement
https://www.youtube.com/watch?v=SGnlL-VoY6U Award announcement is between 11:00 to 12:40 minutes in the video
Languages
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Hindi
Full professional proficiency
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English
Full professional proficiency
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Gujarati
Native or bilingual proficiency
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Marathi
Professional working proficiency
Recommendations received
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Your COGS was already posted. So why did SAP change it again after month-end? This is one of the most misunderstood parts of SAP Actual…
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