What is cost object ID in SAP CO-PC - Product Cost Controlling?

SAP Term: cost object ID

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: Cost accounting object to which the costs can also be added according to their cause. &EXAMPLE& The cost object ID is used in Controlling CO for intangible goods and services in order to map an intangible good. The cost object ID is called the general cost object there. In Controlling for intangible goods and services, it is called the general cost object. Cost object Ids are used in Product Cost by Period to build cost object hierarchies. The cost object ID is called the cost object node there. In the information system of the Product Cost by Period and the Product Cost by Order, you can use the cost object ID to create CO product groups. You can create CO product groups for reporting purposes in the information system. The cost object ID is used for the statistical use of Activity-Based Costing CO-OM-ABC to represent the cost objects against which the process costs are cleared.

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• Key Concepts: 
  Cost object ID is a unique identifier used in SAP Product Cost Controlling (CO-PC) to identify cost objects. Cost objects are the items that are used to track and analyze costs in the system. Examples of cost objects include orders, projects, and production versions. The cost object ID is used to link the cost object to other related data in the system. 
  
  How to use it: 
  The cost object ID is used to identify and track costs associated with a particular cost object. It is used to link the cost object to other related data such as orders, projects, and production versions. The cost object ID can be found in the CO-PC module under the “Cost Object” tab. 
  
  Tips & Tricks: 
  When creating a new cost object, it is important to assign a unique cost object ID. This will ensure that the cost object can be easily identified and tracked in the system. It is also important to ensure that all related data is linked to the correct cost object ID. 
  
  Related Information: 
  The SAP Product Cost Controlling (CO-PC) module provides tools for tracking and analyzing costs associated with orders, projects, and production versions. It also provides tools for creating and managing cost objects and their associated data. For more information on SAP Product Cost Controlling, please refer to the official SAP documentation.