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cost object ID

Product Cost Controlling (CO-PC)

Object in cost accounting to which costs can be assigned to reflect how they are incurred.

Examples

• In Activity-Based Costing (CO-OM-ABC), cost object IDs are used to represent cost objects to which process costs can be allocated.

• In the Costs for Intangible Goods and Services component, cost object IDs are used to represent intangible goods and services. In this component they are called general cost objects.

• In the Product Cost by Period component, cost object IDs are used to create cost object hierarchies. In cost object hierarchies, cost object IDs are called cost object nodes.

• In the Information System for the Product Cost by Period component and the Product Cost by Order component, you can use cost object IDs to create CO product groups. You can create CO product groups for reporting purposes in the information system. CO product groups can use cost object IDs for reporting purposes.

• If the Activity-Based Costing component (CO-OM-ABC) is used for statistical purposes, cost object IDs are used to represent cost objects to which the process costs are allocated.