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Activating Cost of Sales Accounting in New GL

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Dear Experts,

 

Can anyone help me to understand what is achieved by activating Cost of Sales in New GL? Does it bringing similar reporting view as product costing reports (shown as G/L instead of Cost Element)?

 

What if we don't activate this option?

 

Can we pull report of cost of sales for different product type, or market segment? If not, what is the use of activating this function in new GL? Does anyone having any example SAP report of Cost of Sales in New GL?

 

 

Thanks & Regards,


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