SAP01: Fundamentals Unit 5: Financials

Exercise 5-4: Creating a Basic Cost Center

Exercise Objectives
After completing this exercise, you will be able to:
x Create a basic cost center

Business Example
You have just created a new area in your company for customer service. You would like to keep track
of the costs associated with this area. You will need to create a new cost center to capture these costs.

Task
In this exercise, you will create a cost center in the CO Europe controlling area 1, and the German
subsidiary company code 1000. This will be an internal service cost center.

1. Create the initial cost center information with the data provided.

2. Enter the details of the new cost center with the following data.

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SAP01: Fundamentals Unit 5: Financials

Solution 5-4: Creating a Basic Cost Center

Task
In this exercise, you will create a cost center in the CO Europe controlling area 1, and the German
subsidiary company code 1000. This will be an internal service cost center.

1. Create the initial cost center information with the data provided.

a) From the SAP Easy Access menu, choose Accounting ĺ Controlling ĺ Cost Center
Accounting ĺ Master Data ĺ Cost Center ĺ Individual Processing.

b) Choose Create.

c) Enter Controlling area: 1000.

d) Choose Enter.

e) Enter Cost center:SAP01-##.

f) Enter Valid From: 01 January, <current year>.

g) Enter Valid To: 31 December, <current year>.

Note: Choose master data.

2. Enter the details of the new cost center with the following data.

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SAP01: Fundamentals Unit 5: Financials

a) Choose Master Data.

b) Choose the Basic data tab.

c) Enter the data from the table above.

d) Choose Save. The Save message appears in lower left corner of screen.

e) Choose ' Exit three times to exit the screens.

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SAP01: Fundamentals Unit 5: Financials

Exercise 5-5: Processing a Vendor's Invoice and Viewing a Cost Center

Report

Exercise Objectives
After completing this exercise, you will be able to:
• View a cost center report for a specific cost center
• Process an incoming invoice

Business Example
Your company ordered services for a cost center.

Task
View a cost center report to find the actual costs for a cost center.

1. Enter a vendor invoice using the information in the table below.

2. Execute the actual/plan/variance report for a cost center and locate the value for operating
supplies.

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SAP01: Fundamentals Unit 5: Financials

Solution 5-5: Processing a Vendor's Invoice and Viewing a Cost Center

Report

Task
View a cost center report to find the actual costs for a cost center.

1. Enter a vendor invoice using the information in the table below.

a) From the SAP Easy Access menu, choose Accounting ĺ Financial Accounting ĺ
Accounts Payable ĺ Document entry.

b) Choose Invoice.

c) Enter the information from the table above.

d) Choose Save.

2. Execute the actual/plan/variance report for a cost center and locate the value for operating
supplies.

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SAP01: Fundamentals Unit 5: Financials

a) From the SAP Easy Access menu, choose Accounting ĺ Controlling ĺ Cost Center
Accounting ĺ Information System ĺ Reports for Cost Center Accounting ĺ
Plan/Actual Comparisons.

b) Choose Cost Centers: Actual/Plan/Variance.

c) Enter the data from the table above.

d) Enter Or Value(s): SAP 01- ##.

Hint: Make sure this value is in the first Or value(s) field.

e) Choose Execute.

f) Record 476000 Office supplies.

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