What is Product Cost by Responsibility Area in SAP CO-PC - Product Cost Controlling?

SAP Term: Product Cost by Responsibility Area

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: A tool for analyzing product costs in a responsibility area. The cost of an order can be analyzed separately for the cost center at which the costs originated the responsibility area.

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• Key Concepts: 
  Product Cost by Responsibility Area is a component of SAP's Product Cost Controlling (CO-PC) module. It allows users to assign costs to different areas of responsibility within an organization. This helps to ensure that the costs associated with a product are accurately tracked and allocated to the appropriate areas. 
  
  How to use it: 
  Product Cost by Responsibility Area can be used to assign costs to different areas of responsibility within an organization. This can be done by assigning cost elements to different areas of responsibility, such as production, sales, or marketing. The cost elements can then be used to track and allocate costs associated with a product. 
  
  Tips & Tricks: 
  When using Product Cost by Responsibility Area, it is important to ensure that the cost elements are accurately assigned to the appropriate areas of responsibility. This will help ensure that the costs associated with a product are accurately tracked and allocated. Additionally, it is important to regularly review and update the cost elements assigned to each area of responsibility in order to ensure accuracy. 
  
  Related Information: 
  Product Cost by Responsibility Area is part of SAP's Product Cost Controlling (CO-PC) module. Other components of this module include Product Cost Planning, Product Cost Collector, and Product Cost Object Controlling. Additionally, SAP also offers other modules related to cost controlling, such as Financial Accounting (FI) and Controlling (CO).