What is 'cost distribution' in SAP SRD-FIN-ERM - FIN-Travel and Expense Management?

cost distribution - Overview

• Component: SRD-FIN-ERM

• Component Name: FIN-Travel and Expense Management

• Description: A specification of which portions of the expense report totals are to be assigned to the cost center or project. The distribution can defined as monetary amounts or as percentages.

cost distribution - Details

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  Key Concepts: 
  Cost distribution is a feature of SAP SRD-FIN-ERM FIN-Travel and Expense Management that allows users to allocate costs to different cost centers or cost objects. This feature helps organizations track and manage their expenses more effectively. 
  
  How to use it: 
  To use the cost distribution feature, users must first set up the cost centers and cost objects in the system. Once this is done, users can then assign costs to the different cost centers or cost objects. This can be done manually or automatically depending on the user’s preference. 
  
  Tips & Tricks: 
  When setting up the cost centers and cost objects, it is important to ensure that they are properly configured so that costs can be accurately allocated. Additionally, it is important to regularly review the cost distribution settings to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on how to use the cost distribution feature in SAP SRD-FIN-ERM FIN-Travel and Expense Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature.