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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.

Trung Van Tran
Trung Van Tran

Trung Van Tran has spent the last two decades as an SAP supply chain expert, focused exclusively on enterprise SAP implementations in different verticals for a multitude of Fortune 500 companies. This includes B2B, logistics, banking, chemical, oil and gas, natural gas, food services, telecom, beverage, retail, wholesale, apparel, footwear, and pharmaceuticals. His focus has been on SAP, B2B integration technologies, and analytics applications that enable global multinational enterprise organizations to be more efficient through automation, integration, and by streamlining integral business processes.

Blogs by Trung Van Tran

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What Is SAP Joule?

Recently, SAP introduced a new generative AI tool called Joule. But what is this SAP hype surrounding Joule, and what does it do?   

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EDI Integration with SAP S/4HANA

Enterprise organizations today that run SAP S/4HANA need to be more competitive than ever.