You use this component to plan, monitor, and control project costs, thereby achieving comprehensive cost accounting.

The component is thoroughly integrated with other components, such as:

• CO - Controlling
• FI - Financial Accounting
• PP - Production Planning and Control
• MM - Materials Management

The component contains the following functions:

• Cost planning in various degrees of detail
• Automatic cost calculation wherever there are price and quantity structures
• Funds management, effected by means of budget allocation
• Integration of project costs with Enterprise Controlling, such as reconciliation with cost center accounting