Cost components group costs of similar type by account and cost element. The three basic cost components are listed below.
Mitesh Sanghavi
Mitesh Sanghavi is an SAP S/4HANA solution architect for the areas of finance and treasury with more than 18 years of consulting experience in designing, implementing, and managing complex SAP solutions worldwide. Mitesh is a certified project manager with master’s degrees in finance and economics. He also has detailed end-to-end business process knowledge for the media and entertainment, oil and gas, power, manufacturing, retail, and pharmaceuticals industries.
Blogs by Mitesh Sanghavi
The financial close process is a complex and critical process that requires a high level of expertise, attention to detail, and coordination across...
These days the role of a treasury organization is evolving from being just a function of finance to also being an advisor to the company.