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

SAP Term: cost transfer posting

• Component: PE

• Component Name: Training and Event Management

• Description: A function that allows you to post costs accrued during a business event, such as resource reservation costs, to a cost center. The cost centers of the cost items are credited, the instructor's cost center, and the organizer's cost center is debited during cost transfer.

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• Key Concepts: 
  Cost transfer posting is a feature of SAP's PE Training and Event Management component. It allows users to transfer costs from one cost object to another. This is useful when costs need to be allocated across multiple cost objects, such as when a training event is attended by multiple departments. 
  
  How to use it: 
  To use cost transfer posting, users must first create a cost transfer document. This document contains the details of the cost transfer, such as the source and target cost objects, the amount to be transferred, and any additional information. Once the document is created, users can post it to the system. This will transfer the costs from the source cost object to the target cost object. 
  
  Tips & Tricks: 
  When creating a cost transfer document, it is important to ensure that all of the information is accurate. This will help ensure that the costs are transferred correctly and that there are no discrepancies in the system. Additionally, it is important to keep track of all cost transfers in order to ensure that all costs are accounted for. 
  
  Related Information: 
  For more information on cost transfer posting in SAP's PE Training and Event Management component, please refer to SAP's official documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.