What is secondary cost distribution in SAP SRD-FIN-COR - FIN-Cost and Revenue?

SAP Term: secondary cost distribution

• Component: SRD-FIN-COR

• Component Name: FIN-Cost and Revenue

• Description: Overhead distribution using special allocation accounts.

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• Key Concepts: 
  Secondary cost distribution is a process in SAP's SRD-FIN-COR FIN-Cost and Revenue Accounting component that allows for the distribution of costs to multiple cost objects. This process is used to allocate costs to different cost objects, such as cost centers, orders, and projects. It is also used to allocate costs to different cost elements, such as materials, labor, and overhead. 
  
  How to use it: 
  In order to use secondary cost distribution in SAP, you must first define the cost elements that will be used in the process. This can be done by creating a cost element group and assigning the appropriate cost elements to it. Once the cost elements have been defined, you can then create a secondary cost distribution cycle. This cycle will define the rules for how costs are distributed among the various cost objects and elements. Finally, you can execute the cycle to distribute the costs according to the rules defined in the cycle. 
  
  Tips & Tricks: 
  When creating a secondary cost distribution cycle, it is important to ensure that all of the necessary information is included in the cycle. This includes specifying which cost objects and elements will be used in the cycle, as well as any other relevant information such as percentages or fixed amounts. Additionally, it is important to ensure that all of the necessary data is available before executing the cycle, as any missing data could lead to inaccurate results. 
  
  Related Information: 
  For more information on secondary cost distribution in SAP SRD-FIN-COR FIN-Cost and Revenue Accounting component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials on how to use this feature in SAP.