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Why Do You Need ‘cost Element Accounting’? |
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Answer» ‘Cost Element Accounting’ (CO-OM-CEL) helps you to CLASSIFY costs/revenues posted to CO. It ALSO provides you the ability to reconcile the costs between FI and CO. CO-OM-CEL provides the STRUCTURE for assignment of CO data in the FORM of cost/revenue carriers called cost elements or revenue elements. ‘Cost Element Accounting’ (CO-OM-CEL) helps you to classify costs/revenues posted to CO. It also provides you the ability to reconcile the costs between FI and CO. CO-OM-CEL provides the structure for assignment of CO data in the form of cost/revenue carriers called cost elements or revenue elements. |
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