What is additional costs in SAP CO - Controlling?

SAP Term: additional costs

• Component: CO

• Component Name: Controlling

• Description: A cost not classifiable as a business expense and that consequently cannot be reported in financial accounting. &EXAMPLE& Imputed owner's wages Imputed rent

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• Key Concepts: 
  Additional costs are a type of cost incurred in the Controlling (CO) component of SAP. They are costs that are not directly related to the production of a product or service, but are still necessary for the company to operate. Examples of additional costs include administrative costs, marketing costs, and research and development costs. 
  
  How to use it: 
  In SAP, additional costs can be tracked and monitored using the Controlling (CO) component. This component allows users to create cost centers and assign them to different areas of the business. The cost centers can then be used to track and monitor the additional costs associated with each area. Additionally, users can use the Controlling (CO) component to create cost objects, which are used to track and monitor specific activities or projects within the company. 
  
  Tips & Tricks: 
  When tracking and monitoring additional costs in SAP, it is important to ensure that all cost centers and cost objects are properly assigned and updated regularly. Additionally, it is important to ensure that all additional costs are accurately recorded in order to get an accurate picture of the company’s financial performance. 
  
  Related Information: 
  For more information on additional costs in SAP, please refer to the SAP Help Portal or contact your local SAP consultant. Additionally, there are many online resources available that provide detailed information on how to use the Controlling (CO) component in SAP.