What is account assignment object in SAP PS - Project System?

SAP Term: account assignment object

• Component: PS

• Component Name: Project System

• Description: The CO object to which postings can be made. In interest calculation, this is a CO object bearing costs and payments. Account assignment objects include WBS elements, network activities, and orders.

Smart SAP Assistant

• Key Concepts: 
  Account assignment object is a feature of the SAP Project System (PS) component that allows users to assign costs and revenues to specific accounts. This feature helps users to track and analyze the financial performance of their projects. It also allows users to assign costs and revenues to different accounts for different projects. 
  
  How to use it: 
  To use the account assignment object feature, users must first create an account assignment object in the SAP system. This can be done by entering the relevant information such as the account assignment type, account assignment category, and account assignment group. Once the account assignment object is created, users can then assign costs and revenues to specific accounts. 
  
  Tips & Tricks: 
  When creating an account assignment object, it is important to ensure that all of the relevant information is entered correctly. This will help ensure that the costs and revenues are assigned to the correct accounts. Additionally, it is important to keep track of all of the account assignment objects that have been created in order to ensure that they are being used correctly. 
  
  Related Information: 
  For more information about the account assignment object feature in SAP Project System, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature.