Answer / rousseau m

A Cost Object is a reference to an activity, a product or a
service for which against which costs/efforts are
calculated.
A Cost Center is a division or a department in an
Organization which generates Cost or which incurs the Cost.

Answer / ashok iyer

Cost object means anything for which cost is to be determined.

Answer / latha

cost center is a type of cost object. Cost object is one
where costs are captured

Answer / sreekanta

Cost object is an item of expenditure like salary,rent etc.
Cost center is an area of activity. it could be activity of
income or activity of expenditure. When an activity center
is comprises of only expenditure it referred as cost center.
when the activity center has both income & expenditure
related to it, it is referred as Profit center. For e.g. a
regional sales office is a profit center. it can generate
income (sales), it also relates expenditure like salary,
rent, advertisement,stationery etc. HR dept in an
organization is a cost center since it is only a service
dept for internal requirement of the organization.

Answer / wilky

Cost object may be a product,location of the organisation
or a service center.cost center means any dept or machinary
or anything of the organisation which is responsible only
for cost.it is also a classification under cost object.

Answer / haris

cost object is a cost it is used for carrying cost for a cost element cost element is not a cost object it just transfer one cost object to another cost object cost objects are cost center , internal order , business area , production order

Answer / pushkar

Cost Object is SAP term which can be identified in real
business. It is that object where costs are incurred.
Examples can be Salary, Worker, an unit or assembly or
activity and particular location also.

Hi all, we are exporting data from SAP to excel file depending on company code , fiscal year , date range from tables bkpf and bseg for gl balance, bsid and bsad for customer , bsik and bsak for vendor it works fine. But i want to exclude the clearing doc entries from selection.As i added condition to exclude data with document type not 'AB' it won't work. Please suggest the way to exclude clearing doc. entries from SAP.

2 Answers  

what is the accounting journal for subcontractor during goods received

1 Answers   Deloitte,

What are the critical scenarios in production support? Tell me some examples?

0 Answers   Infosys,

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1 Answers  

Hallo Frend i m faced 6 to 7 interview and my frend also and we collect this question & required ur different type explanation & answer plz reply. 1. why do we request parallel currency? 2. do we give currency to chart of accounts ? 3.if fiscal years are different for 2 different company codes with usd and inr currencies respectively. how do you generate combined reports in usd currency? 4. is it possible to have different currencies for gl accounts under one chart of accounts ? if yes what is the significance? 5. how the opening & closing of periods is done for fi ? 6. what is the relation between fi & co and ho the accounting flow takes place? 7. explain 2 business scenarios which do you feel have considerable significance and what kind of solutions did you offer while working on the projects? 8. what is the need for balance interest calculation maintenance of setting in case a financial decides on interest rates and loan repayment due dates etc all other issues and we only need to pay the interest amount ? 9. how many currencies can be given to a gl account ? 10.why do we give different posting key for different transactions ?

1 Answers  

1.Can we activate or deactivate the open item management after the transactions are posted, if yes how..clearly explain 2. Can we activate line item management after posting...how? Thank you

2 Answers  

What is screen layout in sap fico?

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what is mean by enterprise structure

1 Answers   ABC,

What is cutover data and when will you upload to production client? whether before go live or after go live?

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Differentiate between account assignment model, recurring entries, and sample document. : fi- general ledger accounting

0 Answers  

what are the tool using running LSMW in SAP

2 Answers   Genpact,

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