What Is A ‘cost Element Category’?

1.	What Is A ‘cost Element Category’?
Answer» All the cost ELEMENTS need to be assigned to a ‘Cost Element Category,’ to determine the transactions for which you can use the cost elements. Example: Category 01, known as the ‘general PRIMARY cost elements,’ is used in standard primary postings from FI or MM into CO. Category 22 is used to SETTLE order/project costs, or cost object costs to objects outside of CO (such as assets, materials, GL ACCOUNTS, etc.). All the cost elements need to be assigned to a ‘Cost Element Category,’ to determine the transactions for which you can use the cost elements. Example:

Answer»

All the cost ELEMENTS need to be assigned to a ‘Cost Element Category,’ to determine the transactions for which you can use the cost elements.

Example:

Category 01, known as the ‘general PRIMARY cost elements,’ is used in standard primary postings from FI or MM into CO.
Category 22 is used to SETTLE order/project costs, or cost object costs to objects outside of CO (such as assets, materials, GL ACCOUNTS, etc.).

All the cost elements need to be assigned to a ‘Cost Element Category,’ to determine the transactions for which you can use the cost elements.

Example:

Discussion