What is generic cost code in SAP IS-DP-DMP - Foreign Military Sales?

SAP Term: generic cost code

• Component: IS-DP-DMP

• Component Name: Foreign Military Sales

• Description: Details the assessorial charges in below-the-line billing. The delivery processing uses this value to accurately describe charges when creating purchase orders for below-the-line activity.

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• Key Concepts: 
  Generic cost codes are used in the SAP IS-DP-DMP Foreign Military Sales component to identify and track costs associated with a particular project. They are used to categorize costs into different categories, such as labor, materials, and overhead. The generic cost code is assigned to each cost item and is used to track the total cost of the project. 
  
  How to use it: 
  In SAP IS-DP-DMP Foreign Military Sales, generic cost codes are used to assign costs to a particular project. When creating a new project, the user will need to assign a generic cost code to each cost item associated with the project. This will allow the user to track the total cost of the project and ensure that all costs are accounted for. 
  
  Tips & Tricks: 
  When assigning generic cost codes, it is important to ensure that all costs are accurately categorized. This will help ensure that all costs associated with a particular project are tracked and accounted for. Additionally, it is important to keep track of any changes made to the generic cost codes as this can affect the total cost of the project. 
  
  Related Information: 
  For more information on generic cost codes in SAP IS-DP-DMP Foreign Military Sales, please refer to the SAP Help documentation. Additionally, there are many online resources available that provide detailed information on how to use generic cost codes in SAP IS-DP-DMP Foreign Military Sales.