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What are the steps for creating a cost center

hello CO gurus,

what are the steps for creating a cost center?

thanks!

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    author's profile photo Former Member
    Former Member
    Posted on Mar 30, 2009 at 08:14 PM

    You can use Transaction Code KS01 to create a Cost Center. The data that you will need when you create a Cost Center includes: Cost Center Number, Valid From date, Valid To date, Name, Description, Responsible Person, Cost Center Category, Cost Center Hierarchy, etc. Also, if you are using Profit Center Accounting, you will need to enter a Profit Center, too.

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 28, 2009 at 06:42 AM

    Hi,

    Please do a little [search|https://www.sdn.sap.com/irj/scn/forumsearch] in the forum you will get lot of inputs on this .

    https://forums.sdn.sap.com/click.jspa?searchID=24169842&messageID=6028706

    Regards,

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 31, 2009 at 06:03 AM

    Hi all,

    First step Maintain controlling area in the IMG General Controlling under Organization and create necessary cost center types and then define Standard Hierarchy

    Then create cost centers in IMG or tcode

    In IMG goto Controlling -> Cost Center Accounting -> Cost Center Accounting Module Administration -> Cost Centers and Cost Center Groups -> Maintaining Cost Centers.

    Hope this will help your query

    Jarluap

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 31, 2009 at 06:05 AM

    Hi,

    First u have to create Cost Cente Hirerachy in OKKP t.code.

    Then Create Cost Center in KS01.

    In KS01, First u give ur Cost Center Name and its Valid From & To Date.

    It will bring u to the next screen, in that the Basic Data Tab, u give name & Description, Responsible person, Cost Center Catagory, Hirerachy Area, Co. Code,Function Area, Currency, Pr.Center and select next tab of Control, in that, u put tick mark only for Actual Revenue and Plan Revenue then next SAVE.

    This is the step to create Cost Center.

    With Regards,

    Mohan.

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