SAP CO: SAP Cost Elements

SAP CO: SAP Cost Elements

SAP Cost Elements are important objects that help users to analyze or reconcile costs between Financial Account (FI) and Managerial Accounting (CO) modules of SAP ERP. There are two types of cost elements that are generally used in an organization: Primary cost element Secondary cost element We will discuss each of these types in Read more…

SAP CO: Cost Center Master Data

SAP CO: Cost Center Master Data

SAP Controlling (CO) offers information to decision makers for planning, measuring and monitoring enterprise’s operations and performance. It represents the internal accounting view of an organization. The data which is relevant to revenue and cost are created from various sources such as Financial Accounting (FI), Materials Management (MM), etc. The cost and revenue Read more…