CO postings via Fl module = System creates two documents at the time of an Fl posting with a CO object. |. Fl Document i. CO Document "At the time of Fl posting you can specify the cost object. In this example we will use cost center. Why you need Internal Orders * Cost elements alone cannot track necessary data = Cost Centers are not detailed enough to analyse more detailed info * You cannot assign a budget amount to cost centers or cost elements * You have Project Systems to track large complex project costs, but not for short-temporary projects = Hence, you need another cost object to track these costs Example: Vehicles, Telecom towers, ting Campaigns and PromotionsBusiness Area, Profit Center, Segment Profit Centers: susiness Mites xk i, a =_Z <<. BE seemenss Zk” se Cost Center Hierarchy re Acree mats Pen gers. Company cae seet Coney fate trageet nen seen 2D Looe ° cuehiome 2103 Penne . eer act 2123 san tee 7 rome ine cn . rons uD met thes . ae) es . te) tos . George Conran 2123Accounting Equation (First Accounting Formula) First Accounting FormulaSecond Accounting Formula Money Generated All costs by the business. necessary to run a business *Sales of goods *Salaries paid *Providing a service Rent Paid Interest received Interest paid *Cost of goods sold ~ EQUITY