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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.

Tyler Constable and Cheng Hang
Tyler Constable and Cheng Hang

Tyler Constable manages the global solution engineering team at Avantra. He has more than 15 years of experience managing SAP Basis operations at various companies. Cheng Hang works with companies of all shapes and sizes with one thing in common: they all are SAP customers with operations challenges. He has more than 10 years of SAP operations experience working with companies, such as Toro and NTT.

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SAP S/4HANA Migration Options and Considerations

Most SAP customers will remember that SAP initially had a 2025 deadline to migrate from SAP ECC to SAP S/4HANA.