SAP Cost Center Accounting - Overview - Apprisia

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SAP Cost Center Accounting – Overview ... Cost center is the area of responsibility where costs are incurred. Cost center represents one of the small units of ... Categories EDISupport SAPABAP SAPBASIS SAPBI SAPECC SAPFiori SAPNetWeaver SAPOutsourcing SAPS/4HANA SAPSupport PopularArticles OOPSALVConceptinSAPA...MaketheMostofYourBus...SAPHRInfotypes–...ReduceTimeandEffortsb...SAPS/4HANAOn-premisevs...ApprisiaUsingSAPSuppor... SAPCostCenterAccounting–Overview Costcenteristheareaofresponsibilitywherecostsareincurred.Costcenterrepresentsoneofthesmallunitsofresponsibilitywithinanorganizationstructure.Incostcenteraccounting,operationalexpensesarecapturedbythreeseparatemasterdataobjectssuchascostcenters,activitytypesandstatisticalkeyfigures.Costcentersaremaintainedwithinahierarchy,whichisarepresentativeoftheimplementingcompany’sinternalreporting/accountabilitystructure.Thehierarchydevelopmentiscentraltoallcostaccountingreportingwithinthecontrollingmodule. Theimportantfunctionalitieswithincostcenteraccountingaretheabilitytoprocess,allocatequicklythroughtheassessmentanddistributions.Asstandardhierarchyplaysimportantrole,soallcostcentersmustbeassignedtoonestandardhierarchy.First,wecreatecostelementsandthenweassignthecostelementstocostcenters.Wecanalsousedifferentallocationmethodsforallocatingthecollectedcostsofthegivencostcenterstoothercontrollingobjects. Themainareasofcostcenteraccounting Organizationalstructuresincostelementandcostcenteraccounting Masterdataincostelementandcostcenteraccounting Structuringcostelementsandcostcenters Assignmentofcoststocostcentersusingupstreamapplications Toolsfortransaction-basedpostingsincostcenteraccounting Periodicallocationmethodsforcostsincostcenteraccounting Planningcostsandcostallocationsincostcenteraccounting Planningactivitiesandpricesforcostcenters Analyzingcostsusingtheinformationsystem Distribution:Thisisusedforallocationofprimarycoststocostcenters.Thereceivercostcenterwillhavetheinformationonprimarycostelements.Theprocedureissimilartoperiodicreposting. Assessment:Thisisusedforallocationofcoststransferringprimarycostandsecondarycostsfromasendingcostcentertoreceivingcostobjects. ForfurtherinformationonTypesofCostElement,refertomyblog. Pleasesendusyourquestions,commentsorassistance,andourteamwouldbegladtoassistyou. BySareekaBangar(onbehalfofSAPConsultingTeam) Apprisia SAP::Streamlined We offer variety of services including SAP ECC ,SAP HR,SAP BW,SAP CRM, SAP SCM,SAP BPM,Business Objects, SAP ABAP Development, SAP BASIS and SAP NetWeaver consulting. We haveexpertise in providing implementation,development, SAP Migration and SAP support services toSAP customers across diverse industries at a global level. HaveaquestiononSAP?WritetoourSAPArchitect. (Wepromiseano-obligationconsultingreply)  



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