Why do we need Cost Allocation Cycles? Universal Allocation in SAP

Cost Allocation cycles allow us to allocate the shared costs to different cost centers. We create the cycle and save the settings then just run it every period end. In this video, I explain the concept covering the below items:
- Cost Allocation Cycles
- Cost Allocation Base (number of employees, sales, area, fixed %, etc.)
- Cost Allocation Type (Distribution, Assessment, Overhead allocation)
- Secondary Cost Element
- Difference between Distribution and Assessment (Overhead Allocation)
The following video will be a system demo showing how to do all of the above. subscribe to get notified!
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