What is account determination in SAP PLM-PLC - Product Lifecycle Costing?

SAP Term: account determination

• Component: PLM-PLC

• Component Name: Product Lifecycle Costing

• Description: A procedure that automatically determines an account for an item in a calculation version based on its attributes.

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• Key Concepts: 
  Account determination is a process in SAP Product Lifecycle Costing (PLM-PLC) that allows users to assign cost elements to cost objects. This process helps to ensure that the costs associated with a particular cost object are accurately tracked and reported. 
  
  How to use it: 
  Account determination is used to assign cost elements to cost objects. This is done by creating an account determination rule, which defines the criteria for assigning cost elements to cost objects. The criteria can be based on the type of cost object, the type of cost element, or any other criteria that is relevant to the particular situation. Once the rule is created, it can be applied to all cost objects that meet the criteria. 
  
  Tips & Tricks: 
  When creating an account determination rule, it is important to consider all relevant criteria and ensure that the rule is as specific as possible. This will help to ensure that the correct cost elements are assigned to the correct cost objects. Additionally, it is important to review and update account determination rules regularly in order to ensure accuracy and compliance with changing regulations and standards. 
  
  Related Information: 
  For more information on account determination in SAP Product Lifecycle Costing (PLM-PLC), please refer to the SAP Help Portal or contact your local SAP representative.