The object class categorizes the objects in the Controlling application component according to their managerial purpose and makes it possible to analyze flows of costs according to managerial aspects.
The R/3 System contains the following object classes:
While certain CO objects are assigned to one particular object class (for example, cost centers belong to the class "Overhead"), others (such as orders and WBS elements) need to be assigned to an object class in their master data records.
In addition to the functional categorization, the object class is required to determine or explain certan values in the external accounting omponents. For example, the balance of all objects in the class "Production" are categorized as "work in process".