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Activate Cost of Sales Accounting | S_ALR_87009606

SAP FICO Configuration - Activate Cost of Sales Accounting

Before we move to defining Functional Areas, we should first Activate Cost of Sales Accounting. Activation is based on the highest organizational structure in FI – Company Code. When we activate it, we will be able to assign functional areas to different objects like – GL Account, Cost Centers, Cost Elements, Internal Orders, Fixed Assets, etc. With the help of it you are able to create income statements based on the defined functional areas.

Transaction: S_ALR_87009606

Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Ledgers -> Ledger -> Activate Cost of Sales Accounting

Table: T001

 

 

When you open the transaction, find your company and switch the field to “Active”.

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About Emiliyan Tanev

Hello, My name is Emiliyan Tanev. I am SAP BPC Certified Application Associate with a good process understanding of FICO. I am also an experienced accountant and financial controller with 5+ years of diversified responsibilities. I am also a member of Management Accounting Body in the UK – CIMA and CGMA in the US. I love IT and Finance which impacted my career orientation towards SAP FICO and BPC. Follow me and get the latest tips, tricks, tutorials and career guides related to SAP BPC. More about me on My Story.

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