Last Updated on June 20, 2024 by admin
Create Revenue Elements in SAP
Revenue Elements :- You have to create revenue elements as cost elements in Controlling (CO), in order to use revenue accounting. The creation of Revenue Element is same as the Primary Cost Elements creation. we have to create gl for cost accounting before creating cost elements
To manage Revenue elements, you can use the categories. Celem Category will be 11 for Revenue and 12 for Sales Deduction.
SAP Menu :– Controlling > Cost Element Accounting > Master Data > Cost Elements > Individual Processing > Create Primary
Transaction Code:- KA01
Step 1: – Enter T Code in the SAP command field and press enter
Step 2:– Enter the Controlling area in the field and press enter
Step 3: – In the next screen update the following data
Cost Element:- Enter cost element number
Valid From: – Enter valid period from to period
Step 4 : –
Enter 11 if the elements relate with revenue /sales or enter 12 if elements relate to external settlement
Select the save icon or ctrl+s to save the configured revenue elements