Kl01 Create Activity Type
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Activity types describe activities provided by cost centers that are measured in units of time or quantity. An activity type for labor hours needs to be created with an allocation cost element of type 43. To do so, navigate to transaction code KL01 and enter the activity type "LABOUR", valid date range of 01/01/2006 to 12/31/9999, description as "Labour hours", activity unit as "H", allocation cost element 943202, average price indicator, and activity type category 1. This will create the necessary activity type to allocate labor hour costs from the labor cost center to production orders.
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This document provides instructions for creating a secondary cost element in cost center accounting. Secondary cost elements are used to allocate costs between cost objects and are created under class 9 accounts between 900000-999999. This transaction code creates a secondary cost element with cost element category 43, which is required to attach the cost element to an activity type. The user creates cost element 943202 with name "Labour hours" and description "Labour hours" to allocate labor hour costs to activities.
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This document discusses various cost accounting concepts including cost centers, profit centers, cost units, cost control, cost reduction, and cost audit. It defines these terms and provides examples. Cost centers are subdivisions of functional departments for cost ascertainment and control. Profit centers accumulate both costs and revenues. Cost units are items that costs can be assigned to, like products or services. Cost control focuses on maintaining actual costs within established norms. Cost reduction aims to lower unit costs without affecting quality. Cost audit verifies that costs are correctly recorded according to accounting principles.
ACCRUAL ENGINE.docx
The SAP S/4HANA Accrual Engine automates and simplifies accrual processing. It calculates accrual amounts and posts them as line items in the universal journal with no separate entries. The Accrual Engine supports manual and purchase order accruals. Configuration involves defining accrual item types, methods, schemas, and account determinations. Periodic postings are run to post accrual amounts for the period as deltas or full amounts according to the configuration.
Ka06 Create Secondary Cost Element New
This document provides instructions for creating a secondary cost element in SAP for cost center accounting. It explains that secondary cost elements are used to allocate costs between cost objects and are created under class 9 accounts between 900000-999999. It then provides a step-by-step guide to creating a secondary cost element with cost element category 43, which is used for elements that need to be attached to activity types.
CostCentreandCostCategory
This document discusses how to set up and use cost centers and cost categories in Tally.ERP 9 to track expenses for different business units or projects. It explains how to enable cost centers, create cost categories and centers for a sales department's projects and salesmen, allocate expenses to cost centers during transactions, use pre-defined cost center allocations, and view cost center reports for analysis. The goal is to help optimize profits by making faster decisions for your business using this cost tracking functionality in Tally.ERP 9.
Sap controlling doc=venu+venu
The Controlling module in SAP provides management with supporting information for planning, reporting, and monitoring business operations. It includes components like cost element accounting, cost center accounting, internal orders, activity-based costing, product cost controlling, profitability analysis, and profit center accounting. Maintaining controlling areas and number ranges are important setup steps in the Controlling module configuration. A controlling area can include one or multiple company codes that use the same chart of accounts. Number ranges need to be defined for controlling documents like cost centers, internal orders, and product cost estimates.
Acc 349 Preview Full Course
This document discusses several accounting concepts and terms. It begins by describing the key differences between financial and managerial accounting and how this impacts the types of information gathered and reported. It then discusses direct and indirect costs, activity-based costing, value-added processes, and cost-volume-profit analysis. The document provides examples and explanations of these terms to illustrate their meanings and applications.
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Kl01 Create Activity Type
- 1. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING KL01 - KL01 Create Activity type Functionality 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. A product is being produced in a cost center called as Labour cost center. The activity provided by the cost center to the product is labour hours. The cost center costs will be allocated using activity type to the product. Planned and actual hours are recorded as activity quantities. The quantity i.e. labour hours multiplied by the price will be allocated to the production order. A secondary cost element of type 43 is attached to the activity type. Scenario An activity type for Labour hours needs to be created. Requirements Secondary cost element of type 43 must be created before creating activity type. Menu Path Accounting → Controlling → Cost Center Accounting → Master Data → Activity Type → Individual Processing → KL01 - Create Transaction Code KL01 Page 1 of 10
- 2. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 1. Double Click on KL01 - Create 2. Update the following fields: Field Name Field Description Values Activity type Activity types describe the activity produced by a cost center and are measured in units of time or quantity. LABOUR Valid from Valid from date field 01.01.2006 To Valid to date field 31.12.9999 3. Click Enter Page 2 of 10
- 3. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 4. Update the following fields: Field Name Field Description Values Name Description of the Name. Labour hours Description Brief text description of the run schedule Labour hours Activity unit Description of the Activity unit. H 5. Click CCtr categories Button . Page 3 of 10
- 4. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 6. Click Activity Type Category Button . Page 4 of 10
- 5. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 7. Select 1 - Manual entry, manual allocation in list box. 8. Update the following fields: Field Name Field Description Values Allocation cost element The allocation cost element is a secondary cost element , under which the activity type or business process is allocated. 943202 Page 5 of 10
- 6. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 9. Click Price indicator Button . Page 6 of 10
- 7. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 10. Select Note: Indicator showing how SAP calculates the price of activity type for a cost center.. 11. Click <checkbox> Average price . Indicator determining that activity prices for cost centers/activity types remain constant for the entire fiscal year. 12. Click the Enter button. Page 7 of 10
- 8. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING 13. Update the following fields: Field Name Field Description Values Act Act typ cat Act Act typ cat 1 Act. Price indicator Act. Price indicator 5 14. Click <tab button> Indicators . Page 8 of 10
- 9. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Note: This screen controls activity type locking. 15. Click the Enter button. 16. Click <tab button> Output . Page 9 of 10
- 10. COST CENTER ACCOUNTING END USER TRAINING DOCUMENTS COST CENTER ACCOUNTING Note: There are no required fields to be entered. 17. Click the Enter button. 18. Click Save Page 10 of 10