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Basic Concepts of Cost Components in SAP S/4HANA Finance

Cost components group costs of similar type by account and cost element. The three basic cost components are listed below.

Asmerom Ghebreamlak
Asmerom Ghebreamlak

Asmerom Ghebreamlak is the CEO of SCPLAN GmbH and has been helping customers drive supply chain management projects during his 14+ years of practical experience in both business and as a consultant. His area of focus within SCM includes process optimization, value chain planning, and organization. Asmerom is responsible for supply chain projects from concept to successful implementation of integrated SCM solutions.

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What Is SAP IBP?

Technology has truly changed how we interact, engage, communicate, buy, sell, coordinate, and collaborate with different business entities.