What is itemization in SAP CO - Controlling?

SAP Term: itemization

• Component: CO

• Component Name: Controlling

• Description: A holder of detailed information on a costing item. &EXAMPLE& The following information on a material is stored here: Material and text Plant Quantity used Price The following information on an internal activity is stored here: Cost center and text Quantity used Activity type Activity price

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• Key Concepts: 
  Itemization is a feature of SAP Controlling (CO) that allows users to break down cost elements into smaller components. This allows for more detailed analysis of costs and helps to identify areas where costs can be reduced. Itemization also helps to ensure that costs are allocated accurately and fairly. 
  
  How to use it: 
  In order to use itemization, users must first create a cost element in the CO module. Once the cost element is created, users can then assign itemization categories to it. These categories can be used to further break down the cost element into smaller components. For example, a cost element for “travel expenses” could be broken down into “airfare”, “hotel”, and “meals”. 
  
  Tips & Tricks: 
  When creating itemization categories, it is important to ensure that they are specific enough to provide useful information but not so specific that they become difficult to manage. Additionally, it is important to ensure that all itemization categories are properly linked to the appropriate cost elements in order for the itemization feature to work correctly. 
  
  Related Information: 
  For more information on itemization in SAP Controlling (CO), please refer to the SAP Help Portal or contact your local SAP support team.