What is overhead in SAP SRD-FIN-COR - FIN-Cost and Revenue?

SAP Term: overhead

• Component: SRD-FIN-COR

• Component Name: FIN-Cost and Revenue

• Description: A cost that is related to a cost object but which, unlike a direct cost, cannot be traced directly to it in an economically feasible manner.

Smart SAP Assistant

• Key Concepts: 
  Overhead is a term used in SAP to refer to the costs associated with running a business that are not directly related to the production of goods or services. This includes administrative costs, marketing costs, and other expenses that are necessary for the operation of the business. 
  
  How to use it: 
  In SAP, overhead is tracked in the SRD-FIN-COR FIN-Cost and Revenue Accounting component. This component allows users to track overhead costs and revenue in order to better understand the financial performance of their business. It also allows users to set up budgets and track actual costs against those budgets. 
  
  Tips & Tricks: 
  When tracking overhead costs in SAP, it is important to ensure that all costs are accurately recorded. This will help ensure that the financial performance of the business is accurately reflected in the system. Additionally, it is important to regularly review overhead costs and adjust budgets as needed in order to ensure that the business is operating efficiently. 
  
  Related Information: 
  For more information on tracking overhead costs in SAP, please refer to the official SAP documentation on SRD-FIN-COR FIN-Cost and Revenue Accounting. Additionally, there are many online resources available that provide tips and tricks for using this component effectively.