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Cost elements
Cost types answer the question “What?” – what kind of effort or service goes into a posting.
Types of costs
Cost types answer the question “What?” – what kind of effort or service goes into a posting.
Why this point is crucial for key users
A good cost type structure makes patterns visible: materials, personnel, energy or external services are comparable, even if they come from many individual postings.
Fields and settings at a glance
- Cost type: Meaningful name of the technical cost category.
- Account sheet: Assigned financial transactions to check actual usage.
How to prepare for the process safely
- Define the categories from the required management evaluations.
- Create clear, overlap-free names.
- Assign test postings and check borderline cases.
- Compare cost type overview and cost center matrix.
Check before sharing
- Cost types are mutually clearly defined.
- Users can find the right category without guesswork.
- Totals can be traced back to posting.
What your team gets out of it
A comprehensible picture of the cost drivers emerges from many posting texts.
Related topics
- For key users – understand and prepare processes › Finance › Prepare cost accounting › Cost centers
- For key users – understand and prepare processes › Finance › Prepare cost accounting › Cost object
Frequently asked questions
Why is cost types important for key users?
A good cost type structure makes patterns visible: materials, personnel, energy or external services are comparable, even if they come from many individual postings.
What needs to be checked before release?
Cost types are mutually clearly defined. Users can find the right category without guesswork. Totals can be traced back to posting.