Hi,
SAP has been trying to offer cockpits for all processes in SAP. CLOCO is the closing cockpit primarily targetted to the financial closing but is entendable to all areas where periodic and recurring activities occur. If you have worked with SCMA, you will understand that it is the same concept made slightly easier to handle.
You can read about this in more detail in the following link:
[Closing Cockpit|http://help.sap.com/saphelp_erp2005/helpdata/en/30/ca6f4178da177de10000000a155106/frameset.htm]
Cheers.
Bluesky
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