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

SAP Term: Overhead Cost Scheme

• Component: AP-ACC

• Component Name: FIN Accounting

• Description: A list of rules for overhead rates establishing how the rates are calculated and applied.

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• Key Concepts: 
  Overhead Cost Scheme is a component of the SAP Financial Accounting (FI) module. It is used to assign overhead costs to cost centers and orders. It allows for the calculation of overhead costs based on a variety of criteria, such as cost center, order, or activity type. The Overhead Cost Scheme also allows for the allocation of overhead costs to different cost objects, such as orders, projects, and cost centers. 
  
  How to use it: 
  The Overhead Cost Scheme is used to assign overhead costs to cost centers and orders. It can be used to calculate overhead costs based on criteria such as cost center, order, or activity type. The Overhead Cost Scheme also allows for the allocation of overhead costs to different cost objects, such as orders, projects, and cost centers. 
  
  Tips & Tricks: 
  When setting up an Overhead Cost Scheme, it is important to consider the criteria that will be used for calculating overhead costs. This will help ensure that the correct amount of overhead costs are allocated to each cost object. Additionally, it is important to ensure that the Overhead Cost Scheme is updated regularly in order to ensure accuracy. 
  
  Related Information: 
  For more information on the Overhead Cost Scheme in SAP Financial Accounting (FI), please refer to the SAP Help Portal or contact your local SAP consultant.