What is the difference between Cost Centers and Internal orders in sap

What is the difference between Cost Centers and Internal orders in sap,What are the Major difference between the cost centers and internal orders,Cost center issues in sap,How to define the Cost center assignments in sap,How to settle the cost from orders to cost centers,What is the assessment cycle in sap,sap new notes,How to define the month end cycles in sap,T code list in sap FICO.



The major differnce are :

Cost cneters are used for long time period till the business ends.

Internal oreders are used only for some period like(3,6,9,12,)Months Depend on the bussiness,


Cost centers are settle the cost from one cost center to anther cost center in the month end Based on the month end cycles(Distribution,Assessment)

Internal orders are mainly used to settle the cost to cost centers based on the settlement rule in the orders.

Assessment cycles are used only in Cost centers ,In this cycles we can't seettel between the internal orders.

Internal orders are two types:

Stastical internal orders
Real internal orders

Each internal order completly based on the settelment rule,How to seetel the cost from order to cost center in the month end.


T code:KS01,KS02,KS03,KO01,KO02,KO03