What is cost item in SAP PE - Training and Event Management?

SAP Term: cost item

• Component: PE

• Component Name: Training and Event Management

• Description: The items stored for a business event type, business event, resource type, or resource that contribute to the overall cost of the business event. &EXAMPLE& The cost items of the resource "Room" include: Room rental Heating Electricity.

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• Key Concepts: 
  Cost item is a term used in the SAP component PE Training and Event Management. It is a type of cost element that is used to track the costs associated with a training or event. It can be used to track costs such as materials, labor, and other expenses. 
  
  How to use it: 
  Cost items are created in the SAP system and assigned to a training or event. When creating a cost item, you will need to specify the type of cost (materials, labor, etc.), the amount of the cost, and any other relevant information. Once created, the cost item can be used to track the costs associated with the training or event. 
  
  Tips & Tricks: 
  When creating a cost item, it is important to ensure that all relevant information is included. This will help ensure that all costs associated with the training or event are accurately tracked. Additionally, it is important to keep track of any changes that are made to the cost item over time. 
  
  Related Information: 
  Cost items are closely related to other SAP components such as Controlling (CO) and Financial Accounting (FI). They can also be used in conjunction with other SAP components such as Human Resources (HR) and Materials Management (MM). Additionally, cost items can be used to track costs across multiple training or events.