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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.

Laboni Bhowmik
Laboni Bhowmik

Laboni Bhowmik is an SAP manufacturing consultant working at IBM since 2007. She has more than 15 years of experience with SAP solutions and technologies, including SAP Manufacturing Integration and Intelligence, SAP Manufacturing Execution, SAP Overall Equipment Effectiveness Management, SAPUI5, and SAP Cloud Platform. Laboni has led several large-scale SAP manufacturing implementation projects for multiple global clients. She is also extensively involved in progressing IBM’s SAP Digital Manufacturing and SAP Cloud Platform competency, including designing cutting-edge industry solutions, development, publications, and mentoring.

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