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

SAP Term: allocation step

• Component: EPM-APP-ALLO

• Component Name: SAP Performance Management, Cost Allocation

• Description: The basic building block of the allocation model, which breaks down an allocation value by another dimension an allocation object.

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• Key Concepts: 
  Allocation step is a component of SAP Performance Management, Cost Allocation. It is used to allocate costs from one cost object to another. This process is done by assigning a percentage of the total cost to each cost object. The allocation step can be used to allocate costs from one cost center to another, or from one cost object to another. 
  
  How to use it: 
  To use the allocation step, first select the source cost object and the target cost object. Then, enter the percentage of the total cost that should be allocated to each cost object. Finally, click “Save” to save the allocation step. 
  
  Tips & Tricks: 
  When using the allocation step, it is important to ensure that the percentages entered are accurate and that they add up to 100%. This will ensure that all costs are properly allocated and that no costs are left unaccounted for. 
  
  Related Information: 
  The allocation step can be used in conjunction with other components of SAP Performance Management, such as budgeting and forecasting. It can also be used in combination with other SAP modules, such as Financial Accounting and Controlling.