What is Costs for Intangible Goods and Services in SAP CO-PC - Product Cost Controlling?

SAP Term: Costs for Intangible Goods and Services

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A determinant of the costs of intangible goods and services using the functions of Cost Object Controlling -OBJ. It is performed at the level of general cost objects, either separately for each period, or cumulatively.

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• Key Concepts: 
  Costs for intangible goods and services are costs associated with the acquisition of intangible assets such as software, licenses, patents, copyrights, and other intellectual property. These costs are tracked in the CO-PC Product Cost Controlling (CO-PC) component of SAP. 
  
  How to use it: 
  In the CO-PC component, users can enter and track costs for intangible goods and services. This includes entering the cost of the asset, the date of purchase, and any other relevant information. The CO-PC component also allows users to track changes in the cost of an asset over time. 
  
  Tips & Tricks: 
  When entering costs for intangible goods and services into the CO-PC component, it is important to ensure that all relevant information is entered accurately. This will help ensure that the cost of an asset is tracked accurately over time. 
  
  Related Information: 
  The CO-PC component is part of SAP’s Financial Accounting (FI) module. The FI module also includes components such as Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL).