what is the impartence of secondary cost element in
controling, if it is needed give reasons
Answers were Sorted based on User's Feedback
Answer / latha
Secondary cost element capture operation costs, overheads
| Is This Answer Correct ? | 10 Yes | 0 No |
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.
| Is This Answer Correct ? | 8 Yes | 0 No |
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.
| Is This Answer Correct ? | 8 Yes | 0 No |
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.
| Is This Answer Correct ? | 8 Yes | 0 No |
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.
| Is This Answer Correct ? | 1 Yes | 0 No |
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
| Is This Answer Correct ? | 5 Yes | 5 No |
SD cycle and MM cycle with entries
how to do dunning for vendor? what are the purposses of dunning for vendors? pls can you guys give me the answer with one example?
When do you use special period?
What is an account group? : fi- general ledger master data
Hi, SAP GURUS, I have one question - What is the use of Internal number range and External number range? In which cases these no. ranges are applied? and why we use external no. ranges inspite of using internal no. range and for which case we use it? Plz. give the answers in details.
What and when will be the accounting entry in Order to cash cycle?
in SAP, i want to know how we can split an incoming payment from a customer. if the payment is lets say 500rs.i want to allocate a 10% to my own company and distribute the 90% to the cash account(G/L) of a partner (forwhom we are collecting payments). is it possible in ECC6.0? Need help
What is business area? Can you assign it to a company?
How to balance carry forward in SAP. Both Monthly and Yearly. Thanks.
Whats DME? where it comes ? and what is the use f it in SAP?
1) How Many Leavels we can create GL account ?
What is an asset class catalog? : fi- asset accounting
SAP Basis (1262)
SAP ABAP (3939)
SAPScript (236)
SAP SD (Sales & Distribution) (2717)
SAP MM (Material Management) (912)
SAP QM (Quality Management) (99)
SAP PP (Production Planning) (523)
SAP PM (Plant Maintenance) (252)
SAP PS (Project Systems) (138)
SAP FI-CO (Financial Accounting & Controlling) (2766)
SAP HR (Human Resource Management) (1180)
SAP CRM (Customer Relationship Management) (432)
SAP SRM (Supplier Relationship Management) (132)
SAP APO (Advanced Planner Optimizer) (92)
SAP BW (Business Warehouse) (896)
SAP Business Workflow (72)
SAP Security (597)
SAP Interfaces (74)
SAP Netweaver (282)
SAP ALE IDocs (163)
SAP Business One (110)
SAP BO BOBJ (Business Objects) (388)
SAP CPS (Central Process Scheduling) (14)
SAP GTS (Global Trade Services) (21)
SAP Hybris (132)
SAP HANA (700)
SAP PI (Process Integration) (113)
SAP PO (Process Orchestration) (25)
SAP BI (Business Intelligence) (174)
SAP BPC (Business Planning and Consolidation) (38)
SAP BODS (Business Objects Data Services) (49)
SAP BODI (Business Objects Data Integrator) (26)
SAP Ariba (9)
SAP Fiori (45)
SAP EWM (Extended Warehouse Management) (58)
Sap R/3 (150)
SAP FSCM Financial Supply Chain Management (101)
SAP WM (Warehouse Management) (31)
SAP GRC (Governance Risk and Compliance) (64)
SAP MDM (Master Data Management) (0)
SAP MRS (Multi Resource Scheduling) (0)
SAP ESS MSS (Employee Manager Self Service) (13)
SAP CS (Customer Service) (0)
SAP TRM (Treasury and Risk Management) (0)
SAP Web Dynpro ABAP (198)
SAP IBP (Integrated Business Planning) (0)
SAP OO-ABAP (Object Oriented ABAP) (70)
SAP S/4 HANA Finance (Simple Finance) (143)
SAP FS-CD (Collections and Disbursements) (0)
SAP PLM (Product Lifecycle Management) (0)
SAP SuccessFactors (33)
SAP Vistex (0)
SAP ISR (IS Retail) (28)
SAP IdM (Identity Management) (0)
SAP IM (Investment Management) (0)
SAP UI5 (59)
SAP SCM (Supply Chain Management) (51)
SAP XI (Exchange Infrastructure) (49)
SAP Cloud Platform (34)
SAP Testing (89)
SAP SolMan (Solution Manager) (63)
SAP MaxDB (116)
SAP GUI (15)
SAP AllOther (329)