How to Create Cost Centers in SAP - Tutorial Kart

Cost center in SAP is a location where the costs are occurred inside the organization. In SAP cost center is the lowest organizational unit in controlling ... SAPCOSAPCOTutorialBasicSAPCOSettingsMaintaincontrollingareaAssignCompanycodetocontrollingareaDefinenumberrangeintervalforSAPcodocumentsMaintainVersionsSAPCOCostCenterAccountingWhatisSAPCostcenteraccountingCreateCostcenterWhatiscostelementaccountingCreateprimartcostelementsCreatecostelementgroupCreatesecondarycostelementsinSAPActivatecostcenteraccountingDefinecostcentercategoriesDefinecostcenterstandardhierarchySAPCOProfitCenterAccountingCreatedummyprofitcenterDefineprofitcentergroupMaintainProfitcenterstandardhierarchySAPCOcostelementAccountingSAPCOInternalOrdersSAPCOProfitabilityAnalysisSAPCOReports,TablesSAPTCodesSAPTCodesSAPCOTCodesSAPtutorialsguideyouwhatiscostcenterinSAPcontrollingandhowtocreatecostcentersinSAPCOusingtransactioncodeKS01.WhatisacostcenterinSAPCostcenterinSAPisalocationwherethecostsareoccurredinsidetheorganization.InSAPcostcenteristhelowestorganizationalunitincontrollingenterprisestructure.Costcentersareresponsibilityareasforcostswithinorganizationandusedtocaptureactualcostsofanorganization.Costscancanbecapturedasperdepartmentwise,productwise,areawise,responsibilitypersonwise,etc.Assigningthecoststocostcentersdetermineswherethecostsareincurredwithintheorganization.EachcostcenterinSAPcanbelongtooneormorecostcentergroups.HerewearegoingtoconfigurethefollowingcostscentersinSAP.CostCenterDescriptionTK01TRNSTransportationTK01PACKPackingTK01FACAFactoryAdminTK01SDSTSelling&DistributionTK01PGENPlantgeneralTK01HRMHumanResourceRecommendedconfiguration:–Beforeyoucreatecostcenters,youneedtoassignstandardhierarchyincontrollingareausingtransactioncodeOKKPoryouwillgetanerroras ControllingareaTK01doesnothaveastandardhierarchy(pleaseassignone).HowtocreatecostcentersinSAPYoucancreatecostcentersinSAPbyusingoneofthefollowingnavigationmethod.Transactioncode:–KS01SAPpath:–Accounting>Controlling>Costcenteraccounting>>Masterdata>Costcenter>Individualprocessing>Create.Step1:– EnterSAPTcode“KS01”intheSAPcommandfieldandenter.Step2:–NowthesystemaskingforenteringthecontrollingareaforwhichyouliketocreatecostcentersinSAP.Step3:–Oncreatecostcenterinitialscreen,updatethefollowingdetailsCostCenter:–EnterthenewkeyinthefieldcostcenterthatyouliketocreateinSAP.ValidFrom:–UpdatethevalidperiodofcostcenterinSAPAfterenteringthenewcostcenterkey,pressentertocontinue.Step4:–Oncreatecostcenterbasicscreen,updatethefollowingdetails.Name:–EnterthenameofcostcenterthatidentifiesinSAPDescription:–UpdatethedescriptivetextofcostcenterPersonResponsible:–Useridthatresponsibleforcostcenter.Costcentercategory:–Choosethecostcentercategoryfromthelistthatapplicableforcostcenter.BusinessArea:–Choosethebusinessareakeyforcostcenter.Currency:–Updatethecurrencyofcostcenter.Clickonsavebuttonandsavetheconfigurationdetails.SimilarlycreateothercostcenterinSAPasperorganizationalrequirements.❮PreviousNext❯➥PDFDownload-WhatisaCostCenterinSAP|HowtoCreateCostCentersinSAP