Answer / latha

Secondary cost element capture operation costs, overheads

Answer / waqas

It is used for co. cost allocation purpose. I just wanna
add one thing in the answer above, that is cost center
provides internal activity to other cost center, and that
internal activity is distributed by a secondary cost
element.

Answer / aruna

when any posting between the CO Object requires the
secondary cost element to transfer the cost.

It helps in transferring Cost between the Cost Centers,
Internal order to Cost center, etc.

Answer / rkprasad

It's a transfering element which is used to allocate cost
from one cost object to another.

example: if u have 10000/- in your right pocket and u taken
5000/- and kept in left pocket if you use hand to transfer
from right to left that is called secodary cost element.

Answer / reshmi

Secondary elements r those which r not primary cost element directly related to gl a/c.]
For internal cost allocation purpose we use the secondary cost element the cost to allocate for to one cost center to another cost center.
like telephone is used by all the deptts in an office but to share the communication and telephone cost to all deptt (i.e admn,selling,finance) we need to allocate the cost on some basis...so this is the secondary cost element by which we allocate and settle the actual cost.

Answer / chandan

Secondary cost element create for internal purpose of
controlling area. This is for service provide to one cost
center to others cost centers.

Expamle:-
In your office you make the CANTEEN is cost center. Canteen
is provides the service to other cost centers like TEA,
Coffee, etc. You allocated the TEA, Coffee Amount to others
cost center that thru secondary cost element.

If I am wrong so please correct me.

Thanking

What are the different standard reports in sap co system? : cost center accounting

0 Answers  

What is dunning in fi?

0 Answers  

Hello friends i am preparing For SAP FICO, can u please suggest me how can i find the jobs openings?, how shall i prepare for it? and on what area i should more focus on? which kind of questions can enterviewer can ask me and how shall i reply. can please get any reference from your side.. please. i am just craving to get the job please help me....... please reply me on E-mail: g.amresh@gmail.com ....

0 Answers   SAP Labs,

What are the methods by which vendor invoice payments can be made?

0 Answers  

How do we create business transactions in Cash

0 Answers  

Which is the documentation or link need to refer for the FI implementation experience?

2 Answers  

how do you communicate with abapers?

2 Answers   CTS,

7) what is the difference between configuration and customization ?

6 Answers   iGate,

What is a chart of accounts?

0 Answers  

Where we give advance payment indicator(Spl G/L) in petty cash book

2 Answers   Sony,

How does the system calculate the activity price? : co- cost center accounting

0 Answers  

If a company has 4 company codes, 12 plants and 3 sales offices. In this situation how many profit centers and cost centers does this company contains?

4 Answers