The creation of Controlling Area is further divided into Activation of Components and Assignment of Company Codes.
Controlling Area (Part - II)
Controlling Area (Part - I )
A Controlling Area is an organization unit used for Cost accounting purpose. A controlling area can be assigned to multiple company codes at the same time.
Controlling Area is a very important organization unit in SAP Controlling. This organization unit contains the most important configurations required for whole controlling module.