ProjectManagement for Engineering Companies > Financials > Cost Accounting

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Cost accounting enables users to define profit centers and distribution rules for effective monitoring and regulating of business costs. Profit centers and/or distribution rules can be assigned to almost every transaction and document created in SAP Business One. In addition, a change log is automatically created for each profit center and distribution rule to provide better tracking and transparency. The profit center report provides important information about costs and revenues, sorted by area and department.




The following business goals and objectives can be achieved through the implementation of these processes:


Cost Accounting
Profit CentersSAP Component or Feature Available
Users can define as many profit centers as required to reflect the different areas of company business

To fully utilize this functionality, the following products should be evaluated

  • SAP Business One

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    Distribution RulesSAP Component or Feature Available
    Enables the user to define the distribution rules according to which the expenses and revenues are allocated the different profit centers. 

    To fully utilize this functionality, the following products should be evaluated

  • SAP Business One

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    Profit Center ReportSAP Component or Feature Available
    A report which lists the direct & indirect expenses & revenues as allocated on the profit centers.

    To fully utilize this functionality, the following products should be evaluated

  • SAP Business One

    		•
     
    SAP Product Available Partner Product Available SAP Product Available with Future Releases Partner Product Available with Future Releases Future Focus