Use
Cost objects are used in Product Cost Accounting (Process Costing) to collect and store costs which cannot be assigned to objects on a lower level (orders, projects or cost centers). However, in certain circumstances, a cost object can be assigned to a profit center.
Features
All the costs and allocations posted to the cost object are reflected on the assigned profit center.
The work in process determined can also be transferred to the relevant profit center.
Activities
To assign cost objects, choose Master data
® Current settings from the application menu, then choose Assignment: Cost Objects.You can find a detailed description of how to assign cost objects in the Implementation Guide (IMG) for Profit Center Accounting, under Assignments to Profit Centers.