Cost Center Accounting provides information on the costs incurred. Within SAP, you have the ability to assign Cost Centers for a defined location, department, or by responsibility.
At the end of the Cost Center course, you will be able to describe how to:
•Display Cost Center master data
•Execute various Cost Center reports (standard SAP and Kohler custom reports)
•Create and execute Cost Center allocations
•Load budget data for Cost Centers and execute reports to verify data
Note: There is always a glossary of key terms available in every course.
Click located in the upper right corner on screen to access the glossary
Lesson Overview
At the end of this lesson, you will be able to:
•Define Cost Center
•Understand Kohler Co.-specific Cost Center details
•Describe how to execute Cost Center master data inquiries
Cost Center Master Data
Request Forms
Maintenance of Cost Center master data is limited to a small number of users in Corporate Accounting in Kohler, Wisconsin. This is to ensure accuracy and consistency at a Global level and to avoid duplication of data and reporting.
A Cost Center request form is available on the Finance website on the Kohler Intranet (Finance Library and Tools - SAP Help). Separate forms are available for each SAP instance.
Features of the request form:
•Contains the list of associates to be included on the request to allow proper notification of the change.
•Contains separate worksheets that can be used to Create, Change, or Close a Cost Center.