2008/05/05 ( Monday )

AC040: Business Processes in Management Accounting

Unit 2: Organization of Management Accounting
Lesson: Basic Data for Overhead Management Accounting
Exercise 3: Basic Data and Structures

Lesson Overview

This lesson describes the master data required for Management Accounting. You
will learn the importance of the standard hierarchy for cost centers. The lesson
also shows you how to create cost elements, activity types, statistical key figures,
internal orders, and master data groups. With this information, you can set up the
master data in the system for your enterprise.

Lesson Objectives

After completing this lesson, you will be able to:

• •List the master data used in Cost and Revenue Accounting and explain the purpose

• List the master data used in Overhead Cost Controlling and explain the purpose

• List ways in which groups of master data can be used