Activities in Cost Element Accounting 

Purpose

When you have configured the system settings, you can use execute a variety of functions within Cost Element Accounting.

Process Flow

  1. Analyses using the information system.

    2. You can carry out cross-application evaluations for the Reconciliation Ledger and identify which costs have been incurred. You can view costs from the following perspectives: Object types, functional areas, object classes, company codes or business areas.

    See also: The Information System In Cost Element Accounting

  2. Reconciliation Postings

Reconciliation postings allow you to clear any differences between Financial Accounting and Controlling.

See also: Reconciliation Postings.

You should only use master data maintenance and Accrual Calculation functions if you have not yet executed them in Cost Center Accounting.