Posts

SAP CO Cost Center Accounting Configuration Guide

The controlling area configuration is the starting point of configuration in the CO module, which will then enable us to configure profit center, product costing and then the profitability analysis module.

In this e-book, cost center accounting configurations will be covered.

  • Organizational Structures
  • Maintain Controlling Area, Maintain Number Ranges for Controlling Documents, Maintain Versions

  • Multiple Valuation Approaches/Transfer Prices
  • Maintain Currency and Valuation Profile, Assign Currency and Valuation Profile to Controlling Area

  • Production Start-Up Preparation
  • Cost Element Accounting
  • Create Batch Input Session

  • Reconciliation Ledger
  • Activate/Deactivate Reconciliation Ledger, Define Adjustment Accounts for Reconciliation Posting

  • Cost Center Accounting
  • Define Standard Hierarchy, Create Cost Center, Create Activity Types

  • Cost Center Planning
  • Define Distribution, Create Assessment Cost Elements, Define Allocation Structures, Define Assessment, Define Splitting Structure

  • Actual Postings

Read more

How to Create Activity Type [KL01] in SAP ?

In SAP, Activity types are activities provided by a cost center. They are measured in units of time or quantity. Activity quantities are valued using a price. For e.g. Activity types are used to allocate machine cost from Machine cost center to the production orders. An activity input from a sender cost center signifies that a receiver (usually another cost center or a capital project) is drawing on the resources of the sender cost center

Find below download links for step by step guide and screenshots to learn creating activity types in SAP using transaction code KL01.

Read more