What is 'posting rule' in SAP CO-PC - Product Cost Controlling?

posting rule - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A rule that determines which results analysis data such as work in process is transferred to a specific G/L account when the data is settled to Financial Accounting.

posting rule - Details

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  Key Concepts: 
  Posting rules are used in SAP Product Cost Controlling (CO-PC) to define the way costs are posted to the general ledger. They are used to determine which cost elements are posted to which accounts and how the costs are distributed. Posting rules can be used to post costs to multiple accounts, such as cost centers, orders, and projects. 
  
  How to use it: 
  Posting rules can be created in the SAP system by going to the CO-PC menu and selecting “Posting Rules”. From there, you can create a new posting rule by entering the necessary information, such as the cost element, account assignment, and distribution of costs. Once the posting rule is created, it can be used for all future postings. 
  
  Tips & Tricks: 
  When creating a posting rule, it is important to make sure that all of the necessary information is entered correctly. This will ensure that the costs are posted accurately and that there are no discrepancies between the postings and the general ledger. Additionally, it is important to keep track of all posting rules that have been created so that they can be easily accessed when needed. 
  
  Related Information: 
  For more information on posting rules in SAP Product Cost Controlling (CO-PC), please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials