What is fixed value in SAP CO - Controlling?

SAP Term: fixed value

• Component: CO

• Component Name: Controlling

• Description: A statistical key figure that is carried forward from the current posting period to all subsequent posting periods of the same fiscal year.

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• Key Concepts: 
  Fixed value is a term used in SAP Controlling (CO) to refer to a value that is predetermined and does not change. This value can be used to define the cost of a product or service, or to set a budget limit for a project. 
  
  How to use it: 
  Fixed values can be used in SAP Controlling to set the cost of a product or service, or to set a budget limit for a project. To set a fixed value, the user must enter the value into the system and save it. The fixed value will then be used as the basis for all calculations related to the product or project. 
  
  Tips & Tricks: 
  When setting fixed values in SAP Controlling, it is important to ensure that the value is accurate and up-to-date. This will help ensure that all calculations related to the product or project are accurate and reliable. 
  
  Related Information: 
  Fixed values are also used in other areas of SAP, such as Financial Accounting (FI) and Materials Management (MM). In these areas, fixed values are used to define the cost of materials or services, or to set budget limits for projects.