Cost center settlement is described in Operating Procedure - 001

A Cost Center is use to - Manage the costs by organizational unit - Compare actual versus budget - Calculate rates of activities (used in the standard cost calculation of products)

A Business Role is a group of people who can perform some dedicated costing task

The Solvay Costing business role are the following: - maintain co master data - maintain costing architecture - maintain Work Breakdown Structure elements - manage closing task list - manage cost elements - manage costing processes - manage product costing - monitor the consistency of the monthly cost calculation - perform costing monthly closing - perform physical inventory count - perform product costing monthly closing - supervise the product costing - validate and post the physical inventory differences