Topics
Cost accounting
Cost centres, cost objects, allocations and contribution margin.
18 articles
Understand
2 articles
- Cost centres and cost objects: types and structure Concept Final, service and salary cost centres, final and intermediate cost objects, the cost centre tree, the owner cost centre and the target project – what each type is for and where it may allocate to.
- Reposting, allocation or correction? Choosing the right way Concept When to correct an amount in the original, when to repost it and when an allocation rule does the work – with seven typical practical cases and the direct and step-down allocation methods.
For users
4 articles
- Check and override cost accounting fields when recording How-to The "Cost accounting" section in project time, expense receipt, line item and general posting: where the rule value comes from, when you override it and how "Reset" works.
- Cost centres, cost objects and cost categories in the detail manager How-to The lists and tiles in the Finance menu and the tabs Overview, Master data, Movements, Allocation rule, Plan & analysis, Projects and Department – how to read what happens on a cost centre or cost object.
- Work with the cost accounting analysis How-to The cost accounting analysis (formerly "internal cost analysis") shows totals by cost centre, cost object or cost category with CM1, secondary costs and CM2 – in total and by quarter. How to compare areas, check both views and filter lists by cost accounting fields.
- Enter a plan and compare it with actuals How-to In the "Plan & analysis" tab you plan revenue and costs per month for every cost centre and cost object and compare them with actuals – monthly, cumulatively and as a variance.
For advanced users
1 articles
Set up & manage
5 articles
- Set up cost accounting: create cost categories, cost centres and cost objects Configuration The basic setup of cost accounting in seven steps: settings and the cross-posting switch, cost categories, cost centre tree, cost objects, field visibility, rules and rights.
- Define rules for default values Configuration How teamspace pre-fills cost category, cost centre and cost object by rule when you record: the order of sources per area (project times, costs, line item, postings) and where employee, project, customer, category, cost type and article get their values from.
- Permissions for cost accounting Configuration The rights in the "Cost accounting" accordion: cost accounting clerk, view, edit, repost and allocate, details, set and hide cost accounting elements – with the options per object type and sample roles.
- Set up an allocation rule Configuration Distribute overheads automatically: in the "Allocation rule" tab you define when, how and where a service cost centre, an intermediate cost object or a salary cost centre is allocated – with step-down, IT allocation by headcount and a server pool.
- Allocate personnel costs via a salary cost centre Configuration With a salary cost centre, the department sees the real salary, the projects bear hours plus a share of the remainder, and the remainder reveals holidays, sickness and idle time – step-by-step setup with an example.
For decision-makers
3 articles
- Contribution margin I and II by project, customer and area Concept How teamspace calculates contribution margin I (CM1) from times, costs and documents, how repostings and allocations turn it into CM2 and how you evaluate it by project, customer and area.
- Cost, expense, expenditure: cost accounting vs. financial accounting Concept Cash outflow, expenditure, expense and cost explained using a company car – and why cost accounting works with differently valued and imputed costs that do not appear in financial accounting.
- Two views, one result: the core principle of cost accounting Concept Why every posting carries a cost centre and a cost object, why both totals must always show the true result and why cross-postings from a cost centre to a cost object count twice.