Answer / rousseau m

A Cost Object is a reference to an activity, a product or a
service for which against which costs/efforts are
calculated.
A Cost Center is a division or a department in an
Organization which generates Cost or which incurs the Cost.

Answer / ashok iyer

Cost object means anything for which cost is to be determined.

Answer / latha

cost center is a type of cost object. Cost object is one
where costs are captured

Answer / sreekanta

Cost object is an item of expenditure like salary,rent etc.
Cost center is an area of activity. it could be activity of
income or activity of expenditure. When an activity center
is comprises of only expenditure it referred as cost center.
when the activity center has both income & expenditure
related to it, it is referred as Profit center. For e.g. a
regional sales office is a profit center. it can generate
income (sales), it also relates expenditure like salary,
rent, advertisement,stationery etc. HR dept in an
organization is a cost center since it is only a service
dept for internal requirement of the organization.

Answer / wilky

Cost object may be a product,location of the organisation
or a service center.cost center means any dept or machinary
or anything of the organisation which is responsible only
for cost.it is also a classification under cost object.

Answer / haris

cost object is a cost it is used for carrying cost for a cost element cost element is not a cost object it just transfer one cost object to another cost object cost objects are cost center , internal order , business area , production order

Answer / pushkar

Cost Object is SAP term which can be identified in real
business. It is that object where costs are incurred.
Examples can be Salary, Worker, an unit or assembly or
activity and particular location also.

I want some support problems in fi/co module(AR,AP,controlling area)

2 Answers  

Hi Experts could u please me some questions with answers like they will ask in interview for experiences peoples to test whether they are experiences or not? its urgent.

0 Answers  

In - Order to cash process like Sales order,Delivery,Billing,Payment - In COPA at what point of OTC the entry is updated in COPA & what was that entry

2 Answers  

Please what do you think i have done wrong when i receive a'No form could be determined in the interest calculation form table for the following arguments' after executing in F.26(Customer Interest Scale) calculating interest.

0 Answers  

What is known as an exchange rate spread?

0 Answers  

How a ticket (run time problem) comes to a junior sap consultant (at support level)? In which server he solves the ticket (run time problem)?

6 Answers   Accenture, IBM,

can any one explain about Report Painter?

2 Answers   IBM,

HI all, Here my question is i want make payment through APP on behalf of another company code.here my question is i have configured everything in app.when i am making payment it is not working.here we would need cross company code configuration.can anyone please tell me where we have to do or T.code its urgent

5 Answers   Accenture,

Explain ‘field name for partitioning’ in co-pa : co-pa

0 Answers  

What is the Tcode for downloading chart of accounts with reference to P&L and Balance Sheet. When i Download the Chart of Accounts with F.10 its showing only GL long text and GL Account number but i want to know whether the GL belongs to P&L OR Balance sheet

4 Answers  

What are the methods by which vendor invoice payments can be made?

0 Answers  

2.Now there are 2 companies with branches and factory in the same cities separately. How will you configure Chart of Accounts?

4 Answers   IBM,