| | Cost AccountingCost Accounting provides cost analysis and cost allocation functionality on
a detailed and summarized level. Cost Accounting registers, handles, and monitors all
actual amounts and performance quantities necessary for controlling costs by
dimension. Cost accounting calculations results in actual rates and
surcharges. You can: - Modify data like cost categories and the accounting scheme for operating results. Other data is
used from the Financial Budgeting System.
- Import posted actual costs from the General Ledger.
- Process the actual costs, based on the Financial Budgeting System budgets.
- Allocate the costs based on the relations between dimensions
and ledger accounts.
- Set up default allocation relations.
- Analyze, maintain, and report the results.
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