SAP Cost Center Accounting

The cost should be transparent in an organization. We use Cost Center Accounting to control the cost and increase the profit. Cost center tells that where this cost originally occur and cost elements track the cost.

This course will teach overview of controlling with cost center and cost element accounting. You willlearn how to create standard hierarchy, cost center, cost center categories. How to post values in cost center and display. Allocate cost from one cost center to other receivers using various methods. Cost center planning and allocation plan cost. Activity type and allocate activities using direct activity allocation methods.

• Introduction to Management Accounting
• Integration with CO
• Organization structures for Management Accounting

• Create Cost Element
  • Primary cost element
  • Secondary cost element
• Create a Cost Center
• Maintaining the Cost Center Standard Hierarchy
• Create Cost Center Group
• Cost Center Category
• Posting in Cost Center

• Cost Center Planning

• Reposting Line Items
• Reposting Cost and Revenues Manually
• Entering Direct Activity Allocations

• Creating Actual Allocation Cycles
• Run Actual Allocation Cycles
• Create Plan Allocation Cycles
• Run Plan Allocation Cycles