What is allocated actual costs in SAP CO - Controlling?

SAP Term: allocated actual costs

• Component: CO

• Component Name: Controlling

• Description: A credit of: Cost centers and business processes from activity allocations Orders from goods receipts actual credit and settlements

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• Key Concepts: 
  Allocated actual costs are a type of cost element in SAP Controlling (CO) that are used to assign costs to cost centers or orders. This type of cost element is used to assign costs that have already been incurred, such as labor costs, material costs, and overhead costs. Allocated actual costs are typically used when the exact amount of the cost is known and can be allocated to a specific cost center or order. 
  
  How to use it: 
  In SAP Controlling, allocated actual costs are entered into the system using the Cost Element Accounting (CAA) transaction. This transaction allows users to enter the cost element, the amount of the cost, and the cost center or order to which it should be allocated. Once the cost element has been entered into the system, it can be used for reporting and analysis purposes. 
  
  Tips & Tricks: 
  When entering allocated actual costs into SAP Controlling, it is important to ensure that all of the necessary information is included in the CAA transaction. This includes the cost element, amount of the cost, and the cost center or order to which it should be allocated. Additionally, it is important to ensure that all of the information is accurate and up-to-date in order to ensure accurate reporting and analysis. 
  
  Related Information: 
  Allocated actual costs are just one type of cost element in SAP Controlling. Other types of cost elements include planned costs, statistical key figures, and internal activities. Additionally, there are various other transactions in SAP Controlling that can be used for reporting and analysis purposes, such as Cost Center Accounting (CCA) and Profit Center Accounting (PCA).