How to use PK01 - Create Control Cycle

SAP Transaction Code - Details

• Transaction Code: PK01

  Description: Create Control Cycle

  Release: S/4HANA and ECC 6

• • Program: SAPMMPKR

    Screen: 100

    Authorization Object:

  • Development Package: MD05

    Package Description: Kanban

    Parent Package: APPL

  • Module/Component: PP-KAB

    Description: KANBAN

Smart SAP Assistant

• SAP Tcode: PK01 - Create Control Cycle

  
  Overview:
  PK01 is a transaction code used in SAP to create control cycles. It is used to define the control cycle for a particular cost center or cost element. This transaction code is used to set up the control cycle for a cost center or cost element, which is used to monitor and control costs. 
  
  Functionality: 
  The PK01 transaction code allows users to create control cycles for cost centers and cost elements. It enables users to define the frequency of the control cycle, as well as the start and end dates of the cycle. The control cycle can be set up for a specific period of time, such as a month or a year. The control cycle can also be set up for an indefinite period of time. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code PK01 in the command field. 
  2. Select the type of control cycle you want to create (cost center or cost element). 
  3. Enter the relevant information such as start date, end date, and frequency of the control cycle. 
  4. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to note that when creating a control cycle, it should be set up for an appropriate period of time that will allow for accurate monitoring and controlling of costs. Additionally, it is important to ensure that all relevant information is entered correctly when creating a control cycle in order to ensure accuracy and efficiency.