FIORI APP ID: F1443.
The "Manage Cost Centers" app (Fiori App ID: F1443) allows accountants can ensure effective budget monitoring and cost management within the organization. This app is a key tool in supporting financial transparency, accountability, and efficient internal cost control in SAP S/4HANA.
Pre-Requisites:
ICF NODES:
/sap/bc/ui5_ui5/sap/FIN_COSTCENTER
Business Role(s):
SAP_BR_OVERHEAD_ACCOUNTANT
Follow the Steps below:
Step 1: Access the "Manage Cost Center" App.
- Navigate to the "Manage Cost Center" app using the Fiori Launchpad.
Step 2: Initiate Cost Center Creation.
- In the app interface, click on the "Create" button to open the cost center creation screen.
Step 3: Enter Cost Center Details.
- Cost Center Number - User Define
- Name
- Controlling Area
- Company Code
- Cost Center Category - P (Production)
- Responsible Person
- Validity Period, etc.
Step 4: Enable Budget Control.
- In the Budget Control section, activate "Budget Availability Control" to enable real-time budget checks during transactions in system, This ensures that the system monitors expenditures against allocated budgets, preventing overspending.
- Ensure Budget Category must be define in the configuration of cost center budgeting before assigning it to Cost Center.
Step 5: Save the Cost Center
- Review your entries and click "Save" to create the Cost Center with Budget Control enabled.
Now you've successfully created a Cost Center Master Data.