GL Account/Costelement in PS

Dear Experts,
Can any one explain
How the GL Account/Costelement will play major role in PS
Much Appreciated.
Regards
Chandra

Hi Chandra,
Yes it's very important to know costing part with PS which plays a major role.
There are two types of cost Direct Cost & Indirect cost.
Direct cost which can be posted directly via G/L & known as Primary cost Element.
Indirect Cost are captured from Activity, overhead, etc are known as Secondry cost Element.
Please refer the link below which will give you idea on how cost runs in PS & other Module, various cost methods etc.
[http://help.sap.com/saphelp_47x200/helpdata/en/e9/3cb2a4b05411d29f5e080009b0db33/frameset.htm]
Regards'
Syed

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