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

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Summary

This chapter provided a solid background into the basics of overhead cost controlling and cost element accounting. Understanding the cost accounting effects of the various settings will be invaluable as you continue your configuration. Remember to pay attention to object types when creating new cost objects. The benefit from proper definition will be seen in the reconciliation ledger reporting. Also keep in mind the established cost object relationships when posting to two cost objects simultaneously in a single transaction.

Remember that without the correct cost element architecture the posting process will be very challenging. The cost element assignment is the one core object within Cost Accounting that will follow the posting through ...

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