What is Overhead Cost Ledger Account in SAP AP-ACC - FIN Accounting?

SAP Term: Overhead Cost Ledger Account

• Component: AP-ACC

• Component Name: FIN Accounting

• Description: A record of the costs incurred by the provision of resources. This record serves the purpose of proper financial reporting of the profit and loss statement of a Company, and contains the costs that cannot be assigned directly to market segments.

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• Key Concepts: 
  The Overhead Cost Ledger Account is a component of the SAP Financial Accounting (FI) module. It is used to record and track overhead costs, such as administrative expenses, that are not directly related to a specific cost center or cost object. The Overhead Cost Ledger Account is used to track and report on overhead costs in order to provide an accurate picture of the company’s financial performance. 
  
  How to use it: 
  The Overhead Cost Ledger Account is used to record and track overhead costs. It can be used to record expenses such as administrative costs, marketing costs, and other non-directly related expenses. The Overhead Cost Ledger Account can be used to track and report on overhead costs in order to provide an accurate picture of the company’s financial performance. 
  
  Tips & Tricks: 
  When using the Overhead Cost Ledger Account, it is important to ensure that all overhead costs are accurately recorded and tracked. This will help ensure that the company’s financial performance is accurately reported. Additionally, it is important to ensure that all overhead costs are allocated correctly in order to ensure that the company’s financial performance is accurately reported. 
  
  Related Information: 
  The Overhead Cost Ledger Account is part of the SAP Financial Accounting (FI) module. It is related to other components of the FI module such as the General Ledger, Accounts Payable, Accounts Receivable, and Cost Accounting. Additionally, it is related to other components of SAP such as Materials Management (MM), Sales and Distribution (SD), and Human Resources (HR).