What is cycle in SAP CO - Controlling?

SAP Term: cycle

• Component: CO

• Component Name: Controlling

• Description: A collection of rules for cost allocation. A specific cycle can contain a number of segments. A segment consists of the following elements: Sender objects, whose values to be allocated are computed using the same rules Receiver objects, whose allocation bases are computed using the same rules

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• Key Concepts: 
  A cycle in SAP CO Controlling is a set of activities that are repeated periodically. It is used to plan, monitor, and analyze the costs and revenues of an organization. The cycle consists of several steps such as budgeting, cost allocation, cost center accounting, and profitability analysis. 
  
  How to use it: 
  The cycle can be used to plan the budget for a certain period of time. It can also be used to monitor the actual costs and revenues of an organization. The cycle can also be used to analyze the profitability of an organization by comparing the actual costs and revenues with the planned budget. 
  
  Tips & Tricks: 
  It is important to ensure that all steps in the cycle are completed in order for it to be effective. It is also important to ensure that all data is accurate and up-to-date in order for the cycle to be effective. 
  
  Related Information: 
  The cycle is closely related to other SAP CO Controlling components such as cost centers, cost elements, and profitability analysis. It is also related to other SAP modules such as Financial Accounting (FI) and Materials Management (MM).