OKV0 - Variance Keys for Cost Centers

SAP Transaction Code - Details

• Transaction Code: OKV0

  Description: Variance Keys for Cost Centers

  Release: S/4HANA and ECC 6

• • Program: RKKTKV01

    Screen: 1000

    Authorization Object:

  • Development Package: KK0C

    Package Description: Customizing for Cost Object Controlling

    Parent Package: APPL

  • Module/Component: CO-PC-OBJ

    Description: Cost Object Controlling

Smart SAP Assistant

• SAP Tcode: OKV0 - Variance Keys for Cost Centers

  
  Overview:
  OKV0 is a transaction code used in SAP to define variance keys for cost centers. Variance keys are used to track and analyze the differences between actual and planned costs. This transaction code allows users to create, change, and delete variance keys for cost centers. 
  
  Functionality: 
  OKV0 allows users to define variance keys for cost centers. Variance keys are used to track and analyze the differences between actual and planned costs. This transaction code also allows users to assign a variance key to a cost center, as well as view and change existing variance keys. 
  
  Step-by-step How to Use: 
  1. Enter OKV0 in the command field. 
  2. Select the “Create” button to create a new variance key for a cost center. 
  3. Enter the name of the variance key in the “Variance Key” field. 
  4. Enter the description of the variance key in the “Description” field. 
  5. Select the “Save” button to save your changes. 
  6. Select the “Assign” button to assign a variance key to a cost center. 
  7. Enter the name of the cost center in the “Cost Center” field. 
  8. Select the “Save” button to save your changes. 
  9. Select the “Change” button to view or change existing variance keys for cost centers. 
  10. Enter the name of the variance key in the “Variance Key” field and select “Enter” to view or change existing variance keys for cost centers. 
  11. Select the “Delete” button to delete an existing variance key for a cost center. 
  12. Enter the name of the variance key in the “Variance Key” field and select “Enter” to delete an existing variance key for a cost center. 
  13. Select the “Save” button to save your changes and exit OKV0 transaction code. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with SAP terminology before using OKV0 transaction code, as it can be difficult to understand without prior knowledge of SAP terms and concepts such as variance keys, cost centers, etc. Additionally, it is recommended that users create backup copies of their data before making any changes using OKV0 transaction code, as any mistakes made can be difficult or impossible to undo without a backup copy of their data available.