What is cycle type in SAP CO-OM-CCA - Cost Center Accounting?

SAP Term: cycle type

• Component: CO-OM-CCA

• Component Name: Cost Center Accounting

• Description: A definition of a cycle according to its usage. The cycle type shows the posting or allocation for which the cycle was defined. Cycles can be defined in the plan and in the actual for: Periodic reposting Distribution Assessment Indirect activity allocation Joint venture assessment Joint venture distribution

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• Key Concepts: 
  Cycle type is a feature of SAP Cost Center Accounting (CO-OM-CCA) that allows users to define different types of cycles for cost centers. A cycle type is a set of rules that determine how costs are allocated to cost centers. It can be used to define different types of cost allocations, such as fixed costs, variable costs, and overhead costs.
  
  How to use it: 
  To use cycle type in SAP Cost Center Accounting, users must first define the cycle type in the system. This can be done by creating a new cycle type or by modifying an existing one. Once the cycle type is defined, it can be assigned to cost centers. This will determine how costs are allocated to those cost centers.
  
  Tips & Tricks: 
  When defining a cycle type, it is important to consider the different types of costs that need to be allocated and how they should be allocated. For example, if there are both fixed and variable costs, it may be necessary to create two separate cycle types for each type of cost. Additionally, it is important to consider how often the cycle type should be updated in order to ensure accurate cost allocations.
  
  Related Information: 
  For more information on cycle types in SAP Cost Center Accounting, please refer to the official SAP documentation: https://help.sap.com/viewer/product/SAP_ERP_Central_Component/7.50/en-US/f9f8d3a2b6c14e8a9f3d7c2b5f9e4d1a.html