Cost and activity accounting (also known as cost and revenue accounting (KER), cost accounting (KoRe) or operating profit accounting) is a field of business administration.
The main purpose of the KLR is to provide internal information for short-term cost and revenue planning and control. As part of internal accounting, KRL is subject to hardly any legal regulations in comparison to financial accounting.
The cost accounting function in SAP Business One allows you to create cost centres and Allocation rules and group them accordingly. By generating suitable reports, the user receives valuable information about the costs and cost drivers. projects and distribution rules are the two cost accounting methods offered by SAP Business One in this process.
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