What is OKEON?
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What is OKEON?
OKEON is a transaction code used for Change Standard Hierarchy in SAP. It comes under the package KBAS. When we execute this transaction code, KEO_START_NF_STDHIERARCHY is the normal standard SAP program that is being executed in background.
How do you assign a cost center group to hierarchy?
You can assign more cost center groups to the standard hierarchy.
- Note − In standard hierarchy, you can only assign each cost center to one group.
- Step 1 − Navigate to Accounting → Controlling → Cost Center Accounting → Master Data → Cost Element Groups → Create/Change/Display.
How do I delete a cost center standard hierarchy group?
If entries are not taken place, then select that particular cost center group and select (F9) button after that select Remove (F5) / Delete (F6) button. You will get the result.
What is cost center standard hierarchy in SAP?
Cost center hierarchy consists of groups of cost centers in a tree structure within a controlling area. Cost centers can be grouped together to provide summary cost information. A cost center hierarchy consists of nodes and sub-nodes that cost centers are attached to.
How do you create an alternate hierarchy in SAP?
How to create an alternate hierarchy in BPC web interface
- Step1: Add hierarchy in web. Go to interface Edit Structure ”Add” in the hierarchy panel.
- Step 2: Hierarchy name. Give the hierarchy name OK.
- Step3: Maintain members. Go to maintain members and firstly create parent text nodes.
What is the use of cost center hierarchy in SAP?
Cost centers can be grouped together to provide summary cost information. A cost center hierarchy consists of nodes and sub-nodes that cost centers are attached to. A cost center hierarchy comprises all cost centers for a given period and therefore, represents the entire enterprise.
How does SAP maintain cost center hierarchy?
Enter the transaction code SPRO in the SAP command field and click Enter to continue. Click on SAP Reference IMG. Expand SAP Customizing Implementation Guide → Controlling → Cost Center Accounting → Master Data → Cost Centers → Define Standard Hierarchy . Click on Execute.
How do I change cost center standard hierarchy in SAP?
Click on SAP Reference IMG. Expand SAP Customizing Implementation Guide → Controlling → Cost Center Accounting → Master Data → Cost Centers → Define Standard Hierarchy . Click on Execute. Step-2: – Next screen, enter the Controlling area and click on Right Mark to proceed.
What is cost center standard hierarchy?
A cost center hierarchy consists of nodes and sub-nodes that cost centers are attached to. A cost center hierarchy comprises all cost centers for a given period and therefore, represents the entire enterprise. This hierarchy is known as the standard hierarchy.
What is the difference between Parent Child and level based hierarchy?
In level-based hierarchies, members can be of different types and members of the same type come only at single level. In Parent-Child hierarchies, all members are of the same type.
What is alternative hierarchy in SAP?
Alternate Hierarchy: The alternate hierarchy setting in the controlling area enables you to name up to two more alternative hierarchies (according to fiscal year), which can be used for the authorization check in the same way as the standard hierarchy (meaning, that inheritance logic is used).
What is a cost Centre hierarchy?
How do you map a cost center in SAP?
Procedure
- Enter the Company code in the Enter company code dialog box.
- Choose the New entries function.
- Enter the Company Code for non-operating company in the intercompany venture in the ICoC field.
- Enter the cost center code (or the first in a range) for the operator in the CCntr From field.
What is cost center group in SAP?
Cost Center Groups enable you to perform cost planning, cost allocations and reporting in a very organized and granular way. In SAP, the groups are represented by a tree hierarchy, which anyone who has worked with SAP and Winshuttle Transaction for some time will know is a challenge to record and map.
How do I run a cost center report in SAP?
To do so, go to the SAP Easy Access menu, and choose Accounting -> Controlling -> Cost Center Accounting -> Information system -> Report selection -> More reports -> Cost Centers: Currency Translation.
What is a cost center SAP?
Cost Center in SAP is a component in which the costs occur inside an organization. It is an organizational unit within a controlling area which represents locations where costs occur. It helps to capture the costs of an organization. It does not directly generate revenue but incurs additional expenses to operate.
What is ragged hierarchy?
A ragged hierarchy can represent a geographic hierarchy in which the meaning of each level such as city or country is used consistently, but the depth of the hierarchy varies. Figure 1 shows a geographic hierarchy that has Continent, Country, Province/State, and City levels defined.
What are alternative hierarchies?
Alternate hierarchies are a useful way to achieve aggregations of dimension members for reporting and analysis that differ from those found in the main hierarchy. They are also available in PCMCS for use as references in rules.
