ERP Database - The Unofficial ERP Knowledge Base

Facebook Twitter del.icio.us Digg it
ERP Database contains a huge collection of articles related to ERP System and Software. Many of the articles are specifically related to SAP. All these ERP/SAP articles are freely available to everyone.

If you would like to submit an article or share any document related to ERP or any specific ERP software. Please mail it to support@erpdb.info. Please make sure that the documents are not copyrighted.
Social Bookmarks:

Cost Center Group

Print This Post Email This Post Written by admin on Apr 9th, 2009 | Filed under: Finance (FI)

Cost center group can be created using KSH1, changed with KSH2 and displayed with KSH3.

We can collect cost centres according to various criteria into groups. This enables we to use cost centers to depict the structure of the organization in the SAP System. We can use the groups to build cost centre hierarchies, which summarize the decision-making, responsibility, and control areas according to the particular requirements of the organization. The individual cost centres form the lowest hierarchical level.

Share

If you like this post, you may as well like these too:

  1. Cost Element and Cost Center Group Cost element group is nothing but a group of cost elements which help one to track and control cost more effectively. You can make as many number of cost element...
  2. Cost Center and Profit Center Cost Center An organizational unit within a controlling area that represents a defined location of cost incurrence. The requirement at Greaves is to capture the costs Department wise. Cost centers...
  3. Profit Center Group Profit center group can be created using KCH1, changed with KCH2 and displayed with KCH3. A profit center group is a hierachical structure of profit centers. We can use profit...
  4. Profit Center Group – Quick Reference The Quick reference on Profit Center Group will provide you all the steps in: Create Profit Center Group – KCH1 Change Profit Center Group – KCH2 Display Profit Center Group...
  5. Cost Center Accounting To gain understanding of key business processes of SAP Overhead Cost Management (OCM) Understand the Organizational unit in Controlling Determine the origin of posting in Cost center Accounting The Overhead...
  6. Cost Center Standard Reports The SAP R/3 system comes with a vast amount of standard reports. Every SAP application has its own information system, which can be assessed from the application menu. Different tools...
  7. Cost and Revenue Flow To The Profit Center The profit center is stored in the cost center this way the costs flow to the profit center. The profit center is also stored in material master. This way all...
  8. Cost and Revenue Flow To The Profit Center The profit center is stored in the cost center this way the costs flow to the profit center. The profit center is also stored in material master. This way all...
  9. Account Group and Field Status Group An Account group controls the data that needs to be entered at the time of creation of a master record. Account groups exist for the definition of a GL account,...
  10. Primary Cost element and Secondary Cost Element Every Profit and Loss GL account that needs to be controlled has to be defined as a cost element in SAP. Just as in FI General Ledger Accounts exist, in...
  11. What is a Function Group A Function Group is an ABAP program that contains function modules. Function modules that work with the same data objects can be combined to form the function group. Each function...
  12. What are Group Assets The tax requirements in some countries require calculation of depreciation at a higher group or level of assets. For this purpose you can group assets together into so-called group assets....
  13. Vendor Tolerance Group Freely definable group code for customers and vendors, or G/L accounts. Tolerance groups are unique within a company code. Each tolerance group contains settings that affect cash discount and payment...



Leave a Reply