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

SAP Term: process template

• Component: CO-OM-ABC

• Component Name: Activity-Based Costing

• Description: A tool used to allocate business process and activity quantities on a cause-and-effect basis. Process templates enable you to use other processes, cost objects, or profitability segments as a basis to calculate the quantity used in a process. For structured processes, you can use the process template to assign activity quantities from cost centers.

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• Key Concepts: 
  Process templates are pre-defined processes in SAP that are used to create and manage Activity-Based Costing (ABC) objects. These objects include cost centers, cost elements, and cost objects. Process templates provide a standardized way of creating and managing ABC objects, allowing users to quickly and easily create and manage ABC objects.
  
  How to use it: 
  Process templates can be accessed through the SAP menu. To create an ABC object, select the appropriate process template from the list of available templates. The template will then guide you through the steps necessary to create the object. Once the object is created, it can be managed using the same process template.
  
  Tips & Tricks: 
  When creating an ABC object, it is important to ensure that all of the necessary information is entered correctly. This will ensure that the object is created correctly and can be managed properly. Additionally, it is important to keep track of any changes made to the object so that they can be easily tracked and managed.
  
  Related Information: 
  For more information on process templates in SAP, please refer to the SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed information on how to use process templates in SAP.