How to Create a New Cost Center ?

Answer

To create a Cost Center , Enter KS01 into SAP transaction code box.

 

  • Enter the new cost center number.
  • Enter the validity dates of the new cost center.

  Optional - In the Reference section:

  • In the Cost Center field, you can enter a reference cost center if the details are similar to the new cost center.
  • In the Controlling Area field, you can enter the reference cost center's controlling area.

In this tutorial, we will create a cost center without a reference. Click Master Data Button

 

In the Names section:

  • In the Name field, enter the name of the new cost center.
  • In the Description field, enter a description for the new cost center.
  • In the Basic Data section:
  • Enter the Person Responsible.

In the Basic Data section:

  • Enter the Person Responsible
  • Select W (Administration) for Cost Center Category.
  • Select the Hierarchy area.
  • Enter the Company Code.
  • The Currency will default based on the earlier selections.

On the Control tab select the appropriate indicators.

 

Click Save. New Cost Center is created.

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