What is accounting object in SAP FS-PM - Policy Management?

SAP Term: accounting object

• Component: FS-PM

• Component Name: Policy Management

• Description: Object for the contract, which is filled with allowable costs during accounting for a contract or contains the allowable object for rating.

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• Key Concepts: 
  An accounting object is a component of the FS-PM Policy Management component of SAP. It is used to define the structure of an accounting document and to store the data associated with it. It is also used to define the relationships between different accounting documents. 
  
  How to use it: 
  The accounting object is used to define the structure of an accounting document, such as a journal entry or a payment document. It is also used to store the data associated with the document, such as the account numbers, amounts, and other information. The accounting object can also be used to define relationships between different accounting documents, such as between a journal entry and a payment document. 
  
  Tips & Tricks: 
  When creating an accounting object, it is important to ensure that all of the necessary information is included in the structure. This includes account numbers, amounts, and other relevant information. Additionally, it is important to ensure that all of the relationships between different documents are properly defined in order to ensure accuracy and consistency in the data. 
  
  Related Information: 
  The accounting object is part of the FS-PM Policy Management component of SAP. It is used in conjunction with other components such as Financial Accounting (FI) and Controlling (CO). Additionally, it can be used in conjunction with other SAP modules such as Materials Management (MM) and Sales & Distribution (SD).