What is business process attribute in SAP CO-OM-ABC - Activity-Based Costing?

SAP Term: business process attribute

• Component: CO-OM-ABC

• Component Name: Activity-Based Costing

• Description: An unique determinant of a business process, aiding in its classification. You can define corresponding values for the following business process attributes: Value added external Value added internal Business process category Allocation category

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• Key Concepts: 
  Business process attributes are characteristics of a business process that can be used to identify and classify it. In the case of Activity-Based Costing (ABC) in SAP, these attributes are used to assign costs to activities and resources. This helps to identify the cost drivers of a business process and to determine the cost of each activity. 
  
  How to use it: 
  In SAP, business process attributes are used in Activity-Based Costing (ABC) to assign costs to activities and resources. The attributes are used to identify the cost drivers of a business process and to determine the cost of each activity. The attributes can be used to classify activities into different categories, such as production, sales, or marketing. 
  
  Tips & Tricks: 
  When assigning costs to activities and resources using business process attributes, it is important to ensure that the attributes are accurate and up-to-date. This will help ensure that the costs are accurately assigned and that the cost drivers of a business process are accurately identified. 
  
  Related Information: 
  Activity-Based Costing (ABC) is a method of assigning costs to activities and resources based on their usage. It is used in SAP to identify cost drivers and determine the cost of each activity. Other related topics include Activity-Based Management (ABM), which is a method of managing activities based on their costs, and Activity-Based Budgeting (ABB), which is a method of budgeting based on activity costs.