What is assignment in SAP EPM-PCM - SAP BusinessObjects Profitability and Cost Management?

SAP Term: assignment

• Component: EPM-PCM

• Component Name: SAP BusinessObjects Profitability and Cost Management

• Description: A relationship created between items of different dimensions; used to define part of the calculation process or create a context relationship.

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• Key Concepts: 
  Assignment in SAP BusinessObjects Profitability and Cost Management (EPM-PCM) is the process of allocating costs and revenues to cost objects. This is done by assigning cost elements to cost objects, such as cost centers, orders, or projects. The assignment process helps to identify the profitability of each cost object and provides a better understanding of the overall profitability of the organization. 
  
  How to use it: 
  In order to assign costs and revenues to cost objects, users must first create a cost element in the system. This can be done by entering the relevant information into the system, such as the name of the cost element, its type (fixed or variable), and its unit of measure. Once the cost element has been created, it can then be assigned to a cost object. This is done by selecting the cost element from a list and then selecting the desired cost object from another list. 
  
  Tips & Tricks: 
  When assigning costs and revenues to cost objects, it is important to ensure that all relevant information is entered accurately. This includes ensuring that all costs are assigned to the correct cost object and that all revenues are assigned to the correct revenue object. Additionally, it is important to ensure that all costs are assigned in the correct currency. 
  
  Related Information: 
  For more information on assignment in SAP BusinessObjects Profitability and Cost Management (EPM-PCM), please refer to the official SAP documentation. Additionally, there are many online resources available which provide detailed tutorials on how to use this feature in SAP EPM-PCM.