Define Cost Center Hierarchy
In this SAP tutorials, you will learn how to create standard cost center hierarchy for controlling area in SAP CO step by step using transaction code OKEON.
Recommend Configuration : –
A window opens for checking the standard hierarchy in SAP, click on yes button and save the data.
You can define standard cost center hierarchy in SAP using one of the following navigation method.
Transaction code : – OKEON
IMG Path : – SPRO > IMG > Controlling > Cost Center Accounting > Master Data > Cost Center > Define Standard Hierarchy.
Step 1 : – Enter SAP Tcode “OKEON” in the SAP commend field and press enter key from keyboard.
Step 2 : – If you not maintain standard hierarchy in controlling area, you will get an error message as “no standard hierarchy is created for TK01”. On standard hierarchy for cost center changes screen, update the name of standard hierarchy key.
You can add new hierarchy nodes either by lower level group, group at same level or cost center by choosing the standard hierarchy key.
Based on the requirements, you should develop standard cost center hierarchy for controlling area in SAP.