Cost Element Master in SAP
Primary / Revenue Cost element :
Primary / Revenue Cost Element is a carrier for transmitting cost or revenue respectively from FI to CO module. Items in a chart of accounts that are relevant to cost or revenue are referred to as either Primary or Revenue Cost element in controlling.
Secondary Cost element :
Secondary Cost Element is a cost element that is used to allocate costs for internal activities, overhead cost and assessment. Secondary cost elements do not correspond to any G/L account in Financial Accounting. They are used only in Controlling and consequently cannot be defined in FI as an account. Cost element category determines which cost elements can be used for which business transactions.
Following are the primary cost element categories. Read more…
Controlling CCA, CO
Activity Type Master in SAP
Activity Type describe the activity carried out by production cost center and are measured in units of time or quantity.Activity type is defined to collect activities performed in Cost centre with respect to work center.
Following are the activity type categories example defined in SAP.
1. Setup
2. Machine
3. Labour Read more…
Controlling CCA, CO
Cost Center Master Data in SAP
Cost Center represents a defined location of cost incurrence for cost controlling. Cost Center definition can be based on Functional Requirements, Physical Location and Responsibility for Costs. The Cost Center can be grouped according to the reporting requirement of the organization through standard hierarchy.
In order to analyze overhead cost, Cost Center is required to be entered at the time of FI transaction entry in SAP. Each Cost Center will be linked to a Profit Center. Cost Center will facilitate product costing, profitability and overhead analysis for organization. Read more…
Controlling CCA, CO
SAP Controlling and Cost Center Accounting End User Documents
This set of documents explain in step by step manner with screenshots, how to do transaction in SAP Controlling and Cost Center Accounting (CO – CCA).
These documents can be used for power user training or end user training in the final preparation phase during implementation. Read more…
Controlling CCA, CO
SAP Controlling and Cost Center Accounting Configuration Document
This document explain SAP Controlling and Cost Center Accounting (CO – CCA) and in step by step manner with the help of system screenshots.
This document is very useful for all SAP FI CO consultant and or who are having aspiration to be FI CO consultant. This document helps you to understand sap Controlling and Cost Center Accounting (CO – CCA) configuration in systematic manner and you need not to waste your time in SPRO for Controlling and Cost Center Accounting (CO – CCA) configuration. Read more…
Controlling CCA, CO
Controlling provides you with information for management decision-making. It facilitates coordination, monitoring and optimization of all processes in an organization. This involves recording both the consumption of production factors and the services provided by an organization.
Cost Center Accounting determines where costs are incurred in the organization. To achieve this aim, costs are assigned to the sub areas of the organization where they have the most influence. By creating and assigning cost elements to cost centers, you not only make cost controlling possible, but also provide data for other application components in Controlling, such as Cost Object Controlling. You can also use a variety of allocation methods for allocating the collected costs of the given cost center/s to other controlling objects. Read more…
Controlling CCA, CO