What is dummy cost center in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: dummy cost center

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: A fictitious cost center to which accounting data can be transferred for data medium purposes. A dummy cost center has no significance as a cost center in the true sense and is not visible as such. A company might need a dummy cost center, for example, if it does not use Project Management but wants to create business documents such as shopping carts to buy products for a project.

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• Key Concepts: 
  A dummy cost center is a special type of cost center in SAP SRM-Supplier Relationship Management (SRM) that is used to represent a non-cost center related transaction. It is used to track and report on transactions that are not associated with a specific cost center, such as supplier invoices or payments. 
  
  How to use it: 
  In SAP SRM, a dummy cost center can be created by entering the transaction code “F-02” in the SAP Easy Access menu. Once the dummy cost center is created, it can be used to track and report on transactions that are not associated with a specific cost center. 
  
  Tips & Tricks: 
  When creating a dummy cost center, it is important to ensure that the correct account type is selected. This will ensure that the correct information is reported in the financial statements. Additionally, it is important to ensure that the dummy cost center is assigned to the correct company code. 
  
  Related Information: 
  For more information on dummy cost centers in SAP SRM, please refer to the SAP Help Portal or contact your local SAP support team.