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Configuring SAP® ERP Financial and Controlling by John Burger, Peter Jones

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Chapter 9

Cost Element Accounting

Featuring:

  • Cost Element Types
  • Automatic Cost Element Creation
  • Manual Cost Element Creation
  • Imputed Costs
  • Reconciliation Ledger
  • Explanation of CO Updates

Within the Controlling (CO) module are four distinct master data types: cost elements, cost centers, activity types, and statistical key figures. Each is tightly integrated with the others to provide the basis for transactional postings in Controlling. At the center of all the transactional activity are cost elements.

Each posting in cost accounting is linked to a cost element and at least one controlling object, such as a cost center or internal order. Cost elements, specifically primary cost elements, are links to the general ledger in the FI module because ...

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