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

SAP Term: allocation object

• Component: EPM-APP-ALLO

• Component Name: SAP Performance Management, Cost Allocation

• Description: A dimension representing a business entity to which values are allocated.

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• Key Concepts: 
  An allocation object is a component of the SAP Performance Management, Cost Allocation module. It is used to define the cost elements that are to be allocated and the rules for how they are to be allocated. The allocation object also defines the cost elements that are to be allocated and the rules for how they are to be allocated. 
  
  How to use it: 
  The allocation object is used to define the cost elements that are to be allocated and the rules for how they are to be allocated. The allocation object can be used to define the cost elements that are to be allocated, such as labor costs, materials costs, overhead costs, etc. It can also be used to define the rules for how these costs should be allocated, such as by percentage or by a specific amount. 
  
  Tips & Tricks: 
  When creating an allocation object, it is important to ensure that all of the cost elements that need to be allocated are included in the object. Additionally, it is important to ensure that the rules for how these costs should be allocated are clearly defined and easy to understand. 
  
  Related Information: 
  For more information on SAP Performance Management, Cost Allocation and allocation objects, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide tutorials and tips on how to use SAP Performance Management, Cost Allocation and allocation objects.