1.What is account assignment feature? and what is the advantage of cost centre

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1.What is account assignment feature? and what is the
advantage of cost centres? and what is cost distribution?

Question Posted / bharathi

6 Answers
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1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / prabhakar

Hi Chennakesava Reddy,as per my understanding, account
assignment infotype is -1008 . Please correct me if im
wrong.

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1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / chinni

cost distribution: it provides more detailed cost
information in the organisation.

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3 Yes

0 No

1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / vks

Cost center is used to collate all expenses under various heads by finance dept.

From HR perspective, cost center allocation may be done at PA/PSA/EG/ESG/Position level as well as person level(person level is done only when the position has the responsibility for more than 1 PSA/PA)

Cost Distribution is captured under IT1018 (in OM) or under IT0027 (in PA)

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1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / mini

cost centre and cost distribution are actually related to
finance module..they play a very important role in
designing the company code,creating bank accounts and
aspects of financial accounting perspective

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1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / s k

Account Assignment feature is infotype 1008. This is used
to specify the cost centre related defaults for various org
objects like org units, positions etc. The defaults
specified are company code, business area, Personnel area
and personnel subarea.
Cost centres are units that add up to the costs incurred in
an organization.
Advantages :
1) Set budgets limits for cost centres
2) Used for planning
Cost distribution is the distribution of the costs to the
various cost centres
Infotype 27 is used for employees

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1.What is account assignment feature? and what is the advantage of cost centres? and what is cost ..

Answer / chennakesava reddy

accoun assignment feature is a infotype-1007, which is used
to default position, job and deparment while hiring a
person in ooo1 infotype.
by using cost center we can capure funds for each activity
for each department.

cost distribuion, which take care of cost for each
position, deparment and payroll area.
cal me for more details on 09845864277

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