What is summarization order in SAP CO - Controlling?

SAP Term: summarization order

• Component: CO

• Component Name: Controlling

• Description: A tool that enables multilevel summarization of orders, using definable criteria. The SAP System creates a physical summarization order on each node of the summarization hierarchy created in this way.

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• Key Concepts: 
  Summarization order is a feature in SAP Controlling (CO) that allows users to group and summarize cost elements and cost centers. This feature enables users to create a hierarchy of cost elements and cost centers, which can be used to analyze and report on costs. 
  
  How to use it: 
  To use summarization order, users must first create a summarization order structure. This structure consists of a hierarchy of cost elements and cost centers, which can be used to group and summarize costs. Once the structure is created, users can assign the summarization order to the relevant cost elements and cost centers. 
  
  Tips & Tricks: 
  When creating a summarization order structure, it is important to consider how the data will be used. For example, if the data will be used for reporting purposes, it is important to create a structure that will make it easy to analyze and report on costs. 
  
  Related Information: 
  For more information on summarization order in SAP Controlling (CO), please refer to the SAP Help documentation.