What is allocation in SAP EPM-APP-ALLO - SAP Performance Management, Cost Allocation?

SAP Term: allocation

• Component: EPM-APP-ALLO

• Component Name: SAP Performance Management, Cost Allocation

• Description: The process of splitting values derived from source data into multiple values and storing the values in target data.

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• Key Concepts: 
  Allocation is a process of assigning costs, revenues, or other financial items to different cost centers, departments, or other cost objects. In SAP Performance Management, Cost Allocation is a component that allows users to allocate costs and revenues to different cost objects. This component also provides the ability to analyze the cost and revenue allocations. 
  
  How to use it: 
  The Cost Allocation component in SAP Performance Management can be used to allocate costs and revenues to different cost objects. The user can define the allocation rules and criteria for each cost object. The user can also define the allocation period and the frequency of the allocations. The user can also analyze the cost and revenue allocations. 
  
  Tips & Tricks: 
  When using the Cost Allocation component in SAP Performance Management, it is important to ensure that the allocation rules and criteria are properly defined. It is also important to ensure that the allocation period and frequency are set correctly. Additionally, it is important to review the cost and revenue allocations regularly to ensure accuracy. 
  
  Related Information: 
  For more information on Cost Allocation in SAP Performance Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/EPM-APP-ALLO/latest/en-US.