A cost accounting ledger is defined by its attributes: a fiscal calendar, an accounting currency, a cost element dimension, ...

A cost accounting ledger is defined by its attributes: a fiscal calendar, an accounting currency, a cost element dimension, a statistical element dimension, and policies. The cost accounting ledger is a summary of all transactions measured in terms of a monetary amount or magnitude, depending on the element type, such as cost element or statistical element. All entries (cost entries, statistical entries) are accounted for via journals, which list all transactions by date. Managerial statements are generated based on summary totals in the cost accounting ledger.