What is the use of cost component in SAP PS system?

1.	What is the use of cost component in SAP PS system?
Answer» In SAP PS, you use Cost component to plan, monitor, and control project cost for projects. This component is integrated with different components in SAP ERP system − Finance Accounting and Controlling Production Planning Material Management

Answer»

In SAP PS, you use Cost component to plan, monitor, and control project cost for projects. This component is integrated with different components in SAP ERP system −

Finance Accounting and Controlling
Production Planning
Material Management

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What is the use of cost component in SAP PS system?

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