Cost Accounting provides an efficient way to control the
company’s costs by providing visibility and insight into
budgeted and actual costs of operations, departments,
products, and projects. Cost Accounting synchronizes cost
information with the general ledger, and then allocates that
information to different costs centers and cost objects.
This granule includes:
• Transfer costs from general ledger.
• Enter and post internal charges and allocations directly in
the Cost Accounting Cost journal.
• Predefine recurring cost allocation rules on cost allocation
cards and execute in a batch job.
• Undo allocations.
Cost budgets and transfer cost budget entries to actual entries.