Where to setup cost element?
Where to setup the cost element?
> what is the difference between primary cost element
> and secondary cost element?
Without GL account u cannot create a Primary cost element. So the value will flow from FI to CO.
Secondary cost elements are used only in Controlling for various purpose. Each seconday cost element is assigned to a category based on the usage:
21 Internal settlement
31 Order/project results analysis
41 Overhead Rates
43 Internal activity allocation
50 Project-related incoming orders: Sales r
51 Project-related incoming orders: Other r
52 Project-related incoming orders: Costs
61 Earned value