SAP FICO Online Training Course Content by K.Lakshmana Swamy Charted Accountant, Cost Accountant and SAP Certified Consulatant SAP FICO, FSCM and Simple Finance Online Trainer since 9+ years.. What is SAP CO (Co stands for Controlling) CONTROLLING Basic settings for controlling 1. Defining Controlling Area 2. Defining Number ranges for Controlling Area 3. Maintain Planning Versions Cost element accounting: 1. creation of primary cost elements from financial accounting area 2. creation of primary cost elements from controlling area 3. display of cost element master records 4. change cost element master records 5. primary cost element categories 6. secondary cost element categories 7. default account assignments Cost Center Accounting 1. Defining Cost Center Standard Hierarchy 2. Creation of Cost Centers and cost center groups 3. display cost center master records 4. change cost