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For stat key figure, what is the significance of sender, receiver cost elements and cost centers?

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Question added by Frank Avitia , Managing Director , AIS Investment Services
Date Posted: 2013/07/01
James Pinugu
by James Pinugu , Financial Analyst , Saudi Methanol Company (Arrazi)-SABIC Affiliate

The significance of the sender is that it shows it as the sending cost center of a particular cost element (GL account) and allocated or transferred to receiver cost centers [ the allocation/transfer of which is assessed based on a particular settlement rule which in most cases is the manpower of the receiver cost centers].

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