Each cost center is defined as a hierarchy structural level and categorized under the cost center group. The Cost Center Group is a collection of cost centers that are maintained in SAP using the tcode of KSH1.
With the cost center group, you can generate the consolidated financial statements of cost centers that are assigned under the cost center group in SAP.
How to Create Cost Center Group in SAP
The following training tutorial guides you on how to create a cost center group in SAP CO step by step with various screenshots
SAP Menu Path : – Accounting > Controlling > Cost Center Accounting > Master Data > Cost Center Group > Create
T-Code: – KSH1
Step 1: – Enter Transaction code KSH1 in the SAP command field and press enter
Step 2: – In the create cost center group initial screen, enter the cost center group code and press enter
Step 3:– Enter the name of the cost center group
Select the insert cost center tab and insert the cost centers into the group
Ignore the warning message and click on the save icon. You have created a cost center group.
Frequently Asked Questions
1. What is cost center owner tcode in sap?
Ans: Execute tcode ‘KS13’ > Enter co area > Cost center > Execute. Now it displays the person responsible name.
