What is 'cost object structure' in SAP AP-COS - FIN Costing?

cost object structure - Overview

• Component: AP-COS

• Component Name: FIN Costing

• Description: The input quantities and expenses for a cost object.

cost object structure - Details

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  Key Concepts: 
  Cost object structure is a component of the SAP system that allows users to assign costs to specific objects. It is used to track and analyze the costs associated with different objects, such as products, services, and projects. The cost object structure is made up of cost elements, cost centers, and cost objects. Cost elements are the basic building blocks of the cost object structure and are used to assign costs to specific objects. Cost centers are used to group cost elements together and provide a more detailed view of the costs associated with an object. Cost objects are used to group cost centers together and provide an even more detailed view of the costs associated with an object. 
  
  How to use it: 
  The cost object structure can be used to track and analyze the costs associated with different objects. To use it, users must first create a cost element for each type of cost they want to track. Then, they must create a cost center for each type of object they want to track costs for. Finally, they must create a cost object for each type of object they want to track costs for. Once all of these components have been created, users can then assign costs to specific objects using the cost element, cost center, and cost object structure. 
  
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