What is 'actual version' in SAP CO - Controlling?

actual version - Overview

• Component: CO

• Component Name: Controlling

• Description: A version that enables multiple sets of actual data for the same object.

actual version - Details

• 
  Key Concepts: 
  Actual version is a term used in SAP Controlling (CO) to refer to the version of a cost element or cost center that is currently active. It is the version that is used for all calculations and postings. 
  
  How to use it: 
  When creating a cost element or cost center, you can specify an actual version. This will be the version that is used for all calculations and postings. You can also create multiple versions of the same cost element or cost center, and switch between them as needed. 
  
  Tips & Tricks: 
  When creating multiple versions of a cost element or cost center, make sure to give each version a unique name so that you can easily identify them. This will help you quickly switch between versions when needed. 
  
  Related Information: 
  For more information on actual versions in SAP Controlling (CO), please refer to the official SAP documentation.