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

SAP Term: Overhead Rules

• Component: SRD-FIN-COR

• Component Name: FIN-Cost and Revenue

• Description: A work center view that allows you to create and edit overhead rules and their assignment to projects, production lots, and service orders.

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• Key Concepts: 
  Overhead Rules in SAP are used to define the overhead costs associated with a particular cost element. They are used to calculate the overhead costs for a given cost element and assign them to the appropriate cost center. The overhead rules are defined in the SRD-FIN-COR FIN-Cost and Revenue Accounting component. 
  
  How to use it: 
  To use overhead rules in SAP, first define the cost element and assign it to a cost center. Then, create an overhead rule for that cost element and specify the overhead rate, the period of time for which the rate applies, and any other relevant information. Finally, assign the overhead rule to the cost element and save it. 
  
  Tips & Tricks: 
  When creating an overhead rule, make sure to specify a valid period of time for which the rate applies. This will ensure that the correct amount of overhead is calculated for each cost element. Additionally, it is important to review all overhead rules regularly to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on Overhead Rules in SAP, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SRD_FIN_COR/FIN_COA/en-US.