SAP COPA
What is SAP COPA?
SAP COPA (Controlling – Profitability Analysis) is a critical component of the SAP ERP Financials solution. It provides comprehensive functionality for financial consolidation, planning, and performance management. SAP COPA enables customers to centrally manage their financial performance and comply with statutory and regulatory requirements. SAP COPA is an essential module for SAP customers who want to improve their financial planning and execution.
What is SAP COPA?
SAP COPA (Controlling – Profitability Analysis) is a critical component of the SAP ERP Financials solution. It provides comprehensive functionality for financial consolidation, planning, and performance management. SAP COPA enables customers to centrally manage their financial performance and comply with statutory and regulatory requirements. SAP COPA is an essential module for SAP customers who want to improve their financial planning and execution.
SAP COPA provides two choices for implementation for SAP customers: one based on account codes (account-based SAP COPA) and another based on costing (costing-based SAP COPA), which is done by measuring value fields or key figures.
Key capabilities include:
- Financial planning and forecasting
- Actual vs. budget comparisons
- Profitability analysis
- Management of margins and profitability
- Cost allocation and product costing
- Financial reporting
Key Considerations for SAPinsiders
Plan for the switch to account-based COPA in SAP S/4HANA Finance. Organizations planning a migration to SAP S/4HANA should understand the advantages and disadvantages of choosing one SAP COPA option over another. In addition, business processes will likely change during a switchover from costing-based SAP COPA to account-based SAP COPA, so it’s important to evaluate change management in concert with any business process updates that trigger a potential SAP process redesign.
Explore SAP COPA capabilities and integrations with SAP applications to extend functionality. Organizations using SAP COPA can leverage SAP Fiori support and integration with other SAP applications to provide finance and accounting teams with flexibility. Integration with the SAP General Ledger enables accurate data for analyzing financial performance and profitability at the organizational level.
Consider an implementation partner with experience in SAP ERP Financials and SAP COPA implementations.Collaborating with proven SAP experts who understand business process flows and the associated COPA requirements can help fill the gap caused by a challenging employment environment. In addition, finance and accounting teams should confirm that the correct SAP COPA settings are in place, including the configuration of journals, account determination, and Profit Center Accounting.
510 results
-
SAPPHIRE NOW has SAP HANA Platform Content Covered
How important to the SAP roadmap is SAP HANA as a platform for analytics and enterprise data warehousing? A quick search of the SAPPHIRE NOW and ASUG Annual Conference agenda – the co-located events begin May 17 in Orlando, Florida – provides a hint. In total, that search yields 555 sessions in the Digital Enterprise…
-
New Horizons: An Outline of the SAPinsider Digital Supply Management New Research Approach
I’m reading a book titled The Barons of the Sea, which is an account of the 19th century merchants and trading companies that battled for supremacy in importing tea from China in exchange for shipments of opium. The goal of these entrepreneurs was to find a way to shorten a traditional six-month journey from China…
-
Bill McDermott Leaves CEO Position at SAP: Impact for SAPinsiders
SAP CEO Bill McDermott announced yesterday that effective immediately he is stepping down from the helm of the German software company after nine years on the job. During his near-decade leading SAP, McDermott steered SAP in several significant ways. The company began its transition to its cloud, snapping up over $20 billion of acquisitions while…
-
Simple Ways to Get Started on Your SAP S/4HANA Journey
Moving to SAP S/4HANA is the No. 1 project on the minds of SAP customers. As the 2025 deadline approaches, organizations find themselves at least in the evaluation and fact-finding stage of the project. SAPinsider had the opportunity to sit down with Sven Denecken, Senior Vice President of Product Management, Co-Innovation SAP S/4HANA at SAP…
-
ABAP for the Modern Age
Some of the most significant innovations in SAP NetWeaver 7.5 — the latest iteration of SAP’s well-known technology and integration platform — are in the ABAP programming model. This article looks at a set of particularly useful features available with ABAP 7.5, including new ABAP language features for enabling more concise code and enhancements that…
-
Six Reasons Why You Should Attend the SAPinsider 2020 Conference in Las Vegas
Members of the SAP community are looking forward to a transformative 2020 which promises to be both an exhilerating and challenging time. As you weigh your business’ move to SAP S/4HANA, the Cloud, and emerging technologies such as Artificial Intelligence and Blockchain, SAPinsider is here for you as a trusted resource. If you don’t have…
-
Trends in SAP S/4HANA Cloud Usage – A Benchmark Study
Even with the extension of mainstream maintenance for existing SAP ERP systems to 2027, the topic of SAP S/4HANA migration is still a critical one for most SAP ERP customers. This is not only because the migration process can require a significant time and resource investment, but also because many customers are now leveraging the…
-
Business Continuity Track at SAPinsider Virtual Event Features Strategies and Quick Wins from SAP and Partners
The economic disruption caused by COVID-19 has impacted organizations at all levels of their operations, creating a unique environment that makes business continuity uncertain and challenging. To address this world-wide experience SAPinsider will host a special track with SAP and partners at our 2020 virtual event to help businesses leverage SAP technology and best practices…
-
Panel of Successful Women Leaders in the SAPinsider Community Discuss Diversity and Inclusion
Kicking off the SAPinsider 2020 conference, the opening keynote featured a powerhouse group of women leaders from the SAPinsider Community who addressed the importance of organizations creating a culture of inclusion and diversity. Read this blog to hear what these amazing leaders had to say on the topic.
-
SAPPHIRE NOW Human Resources Day Focuses on Employee Experience
By Craig Powers, Research Analyst, SAPinsider If you’ve ever been to Orlando for an in-person SAPPHIRE NOW event, you’ve experienced an intense week of meetings, sessions, major announcements, networking, and for many, a reunion. This experience has been greatly changed by the virtual nature of this year’s event, and while the usual way of engaging…
Upcoming Events
Your request has been successfully sent