Cost and Profit Center

Hi all;
What do you mean by Standard Cost center and standard Profit Center ?
Thanks in advance
Krish...

Hello Krish,
Cost center: Captures cost (Expenses)
Link: http://help.sap.com/saphelp_47x200/helpdata/en/13/05b3ae635611d2b43b006094b9c9b4/frameset.htm
Profit Center: Basically captures Revenues
Link: http://help.sap.com/saphelp_47x200/helpdata/en/0c/547b3844381048e10000009b38f842/frameset.htm
Regards,
Hemachandra K S
<b>Don't forget to to reward points by marking as "Helpful" or "Very Helpful" or "Solved problem".</b>

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Assign manual cost and profit center for 3rd party purchase order

When we have a 3rd party purchase order we need to assign OUR cost and profit center to that document. Here is the scenario:
We buy a product from a vendor for $10 and then re-sell the product to a customer for $100. Instead of posting this information to either cost or profit center of the vendor and customer, we need to assign the $10 to our company cost center and the $90 to our company's profit center. We are basically acting as a middle man for selling a product.
I am fairly a newbie, so please provide detailed answers if possible. We create the sales order in VA01 and create the purchase order in ME22N.

HI Kapil,
For any accounting entry you need to define a General Ledger Account where the details (Amount) of the transaction will be stored.
Just by maintaining cost centre will not help in completing any transaction involving accounts. So you need to maintain G/L account in the controlling area of your company code.
You can use T Code FS00 to create new G/L account in the chart of accounts.
In the edit cost element Tab you can give the cost center that you want.
I hope this helps.
thanks
rahul goel

Where and how to enter plan data cost and profit center wise to get data in grr1

Hi Gurus,
Appreciate you can tell me where and how to enter plan amount cost center wise for cost elements and profit center wise for revenue elements????
So that we can get this data in grr1 report.....
Can we upload this planned data, if yes how??
Thank you

Hi..
If you use classic PCA, refer to Plan Data Transfer - Profit Center Accounting (EC-PCA) - SAP Library.
If you use new gl pca, refer to Transferring Plan Data from Controlling - General Ledger Accounting (FI-GL) (New) - SAP Library

Carry forward a Cost and Profit Center Budget to the next fiscal year

Good day SAP Gurus
How do i carry forward Cost Center and Profit Center Budget from one fiscal year to the next fiscal year?

Hello,
You would not be able to carry forward these plan values becuase they are planned with respect to a particular period and year. The budgets only get carry forward for cost objects like orders and WBS where the objective is to accomplish a particular job.
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Cost center and profit center details

Hi All
Is there any function module or BAPI to obtain cost center and profit center details
for a GL account. Actually I am obtaining the carry forward balance for a
fiscal year from the table GLT0 but I am not getting the corresponding profit center
and cost center details.
Please suggest a way forward!
Regards
Ankit

Hi,
If you are getting data from GLT0 table, using the Account number go to SKA1/SKB1 tables and get the CostCenter(KOSTL) and Profit Center(PRCTR). If you want to get details about CostCenter, its master table is CSKS and master table for Profit Center is CEPC. you can get required info from these tables.
thanks,
sksingh

Cost center and profit center linked to GL account

Hi All
I am obtaining the carry forward balance for the fiscal year from the table
GLT0 but I also need the cost center and profit center details for the GL account,
which I am unable to get from either GLT0 or GLTPC or GLT1 tables.
Is there any other way out. Please suggest!
Regards
Ankit

Hi,
Hope OKB9-Account Assignment will resolve this issue.
There you have the assignments.
Regards
A
Assign points if useful

Cost Center, Work Center and Profit Center

Hi ALL,
Can any one please explain me the concept of Cost Center, Work Center and Profit Center.
And where and when do I assign the cost center???
Amit

Hi Check the following "
Cost centers represent areas of responsibility where costs are incurred or where responsibility for costs may be assigned. They represent the smallest unit of responsibility within the organizational structure of an enterprise.
A cost center can be pictured as a cost bucket such as a department, product line, production stage or geographical area.
An unlimited number of cost centers may be created.
All cost centers within on controlling area have to be assigned to a cost center hierarchy (standard hierarchy).
Costs originally posted to one cost center may be distributed and assessed to one or more other cost centers using allocations.
How are costs assigned/posted to a cost center?
External financial accounting documents created in FI, AM or MM that post to a G/L expense account can be configured to require a cost center assignment be entered at the time of transaction entry. The system automatically creates a parallel CO document that posts to the indicated cost center.
Cost elements master records can be configured to be posted to a certain cost center (automatic account assignment).
In addition, other non-financial activity (i.e., direct labor hours) may be posted directly to cost centers from within CO or via other modules such as PP or HR
chandra

Cost center and profit center in the same report

I am working on creating a report using report painter/writer. my question is, will it be possible to create a report with cost center group in one column and profit center group in another column and the rows with GL account groups.
I know that GLPCT table dosent have the field KOSTL(cost center) in it. The library I am using is from GLPCT table. But when I checked the characteristics of the library that I am using, it has KOSTL field in it. So I checked that field on and tried to use it in the report. But when I execute the report, an error pops up saying "Characteristic KOSTL cannot be combined with the key figures".
Can someone explain what exactly that error means. and if there is a possible way of using both P.Ctr and C.Ctr in two different colums in the same report.

I am asked to create a report which has information of both profit centers and cost centers. some of the fields on columns are cost centers and others are profit centers. This report is basically a P&L summary report for various divisions.
Infact, when I use one basic key figure for cost center and other for profit center and execute the report, it is working!!!!....Is it ok to use two different key figures on two different columns? i dont understand where it is picking the values from..cos cost centers are not present in GLPCT table.

Cost Center and Profit Center Planning

Hi,
I have one Co issue. Pls Suggest me the wiseful solution.
Cost Center and Profit Center Planning.
For F-2008 Planning data they have updated in the month of Aug, 07 for Profit and Loss Items and they have revised the plan data of some cost elements in the month of oct, 2007 (say 5% Increas). when comparing the cost center report to profit center report, both are not matching. the reason when i see and reconcile the document nos and values in between cost center and profit center reports i found out that there are some documents are missing in the profit center report.
wherever plan data had revised e.g for cost element Salaries they have updated 100000 Planning cost in the month of Aug, 07. In the month of Oct, 07 increased 5% i.e.5000. In cost center line items details i found 2 documents for Rs.100000/- and Rs.5000/- But in Profit Center Line Items i am getting only Rs.5000/- Value Document.
Note. As and when KP06 Plan data has been updated Profit Center line items are generating. It is not necessary to run any programme inorder to transfer Plan Data from cost center to profit center.
Observations From My Side:-
I tried to run the transaction code 1ke0. i have selected the cost object is Cost Center, version and had given Cost Center Parameter in development and quality clients and executed the same.By this time already existing data either deleting/ riversing and creating new documents fully except manually changed data in profit center through 7ke1.
My Question is
1.Upto what extent it will work.
2.will it be possible to transfer data from cost center to profit center only missing documents which are available in cost center, without disturbing of existing data in profit center.
3.suppose if i done this activity, there are some data which was already transferred from other cost objects like internatl orders & wbs elements to Profit Center. will the data get disturbed (deleted/riversed).
Pls suggest me the wiseful way to solve the

Hi
Try This
BAPI_COSTCENTER_CREATEMULTIPLE
BAPI_COSTCENTERGROUP_CREATE
BAPI_PROFITCENTER_CREATE
BAPI_PROFITCENTERGRP_CREATE.
Regards,
V.balaji
Reward if usefull

Transporting Master data - New GLs,Cost Center and profit Center.

Dear Friends,
1. I have to create new GLs in Dev, Now i have to transport the new GL to Quality and Production. As per my knowledge, Master data has to created in DEV,Quality and Production.
please suggest, is there any t.code where i can transport GL from Dev to quality and production.
2. when Creation of the site, New Cost center,Profit center, Changes to standard hierarchy both in cost center and profit center hierarchy has to done in dev,quality and production manually.
Any suggestions where i can do only in dev and transport to quality and production.
3. After creating new cost center and profit center, i have to go to okb9, select the co.code,cost element and insert the new cost center and profit center in every cost element. This takes almost one hour.
Please suggest how to reduce this manually process.
All the help will be greatly appreciated.
Regards
Sridhar Reddy

Hi ,
Master data is to be created in diffrent clients as it is a non transportable object .
So in case of GL , cost centers you will have to again re run the LSMW which you had created for DEV .
Secondly OKB9 is a transportable object , so i dont feel there should be an issue in adding it to a transportable object .
In case of adding the values of tables in a request what you can do is create a request , go to SE01 open the request in change mode in the objects enter TABU and enter on the relevant entries that you want to transport .
But again one has to be very clear on what all table entries are to be transported , like SKA1 , SKB1 , SKAT etc. looking at the complexities and moving ahead with the standard way it is advisable to re run the LSMW in QUA and PRD .
Hope this helps .
Regards ,
Dewang T.

Responsible Cost Center and Profit Center in a Maintenance Order

Dears,
I would like to know what's the real influence that responsible cost center and profit center located in the
"add. data" tab in maintenance order has when I confirm a labor (through the IW41) and settlement an maintenance order.
Best Regards,
D. Quint.

D Quintal,
When you perform a confirmation (IW41) the cost centre assigned to the work centre is credited, and the order debited.
This work centre cost centre may be the same cost centre as the responsible cost centre in the order...
PeteA

Difference between Cost center and profit center

I need to know what the difference is between a cost center and a profit center eg. A work center has both a cost center and a profit center. What do they collect for that particular work center.
Thanks

hi tefo
differenc is whatever the cost involved will be collected both to the cost center and profit center, when we settle the order it will be settled in the cost element for cost center. the cost will be reflected in profit center which is assinged to the particular cost center.in profit center you can cpature revenue also which is used to map the profit loss for the concern, where as cost center will only capture the expenses
regards
thyagarajan

Cost Center Group and Profit center Group

Hi All,
The Client is requested to have Cost Center Group in the CO reports. I have trying to analyse how to get Cost center group in the report or Info Provider.
When i went to T-code KS03 in ECC ( Display Cost Center), i get the Hierarchy Area field called KHINR, which shows the Cost center grp. Upon discussing with Functional person, he has told that this Field lies in Table CSKS (Cost Center Master).
Now i am thinking to enhance the Cost Center Attribute Dsrc. with this Field KHINR.
I just want some suggestions or advice on how to bring Cost center grp and Profit center grp
Thanks and Regards
Edited by: Raihaan Khan on Dec 12, 2008 3:35 PM

Hello Simon, Thanks again for all your FICO resolutions.
Yes i truly agree that Cost Center Grp is CostCenter Hierarchy,, but i dont understand, y the Client has told that he needs the field KHINR in the Cost Center Report too.
Actually he wants Cost Center Group wise report and NOT Cost center wise report.
I have thght of extracting the Complete Std Hierarchy to 0COSTCENTER and then in the report , i can give a Cost Center Hierarchy Variable(probably a selection screen), such that the User can select the Nodes he want and then drill down the CostCenter Groups to see his respective Cost center accounting.
Please opinionate on this
Thanks

Changing cost center and profit center in already exsisting PR and PO

Hi friends,
In my ckient place we have created PR with account assignments- K,C,D,A and saved the pr. We are creating PO woth respect PR. then we did goods reciept also and some went upto to the stage of invoice verification. now my client likes to change the cost center and profit center they are using currently. they are interested to create new profit center and cost center.will this chnage will affect the already exsisting open PO(purchasing process not yet completed).
Is it possible to change the cost center and profit center in already exsisting and created PO and purchase request. will sap allow this.what can we do.please advice.
Thanks you in advance.
Regards,
willaim

William,
Once you will post the GR or Invoice system will not allow to change the account assignment data like Cost Center or profit center.
This is a standard SAP functionality

Change the Accounting document fields cost center and profit center

Dear Experts,
User has posted document with wrong profit center
For that we subjected that he can go to the profit center actual posting T.Code 9ke0 but with that he can only change the Profit center document with that there is no accounting side updating
I have tried with Document Change Rules, Line Item for fields cost center and profit center in that while configuring I did not get any error message,
But in the document I am unable to changing the same fields cost center and profit center
Can any body please guide me to resolve the issue?
Essentially I want to change the Accounting document fields cost center and profit center
Thanks in Advance,
Wiswanath

Hello,
Once the documents are posted in FI module, the system doesn't allow anybody to change the cost objects (cost center, profit center, internal order). The only fields you can change through FB02 transaction are the Line item text (BSEG-SGTXT) and the assignment (BSEG-ZUONR).
If you want to get a change to the cost object to be reflected from FI to CO, you should reverse the FI documents with wrong cost objects and post new documents with correct cost center, profit center.
Hope it helps you.
Cheers,
Daniel.

Cost and Profit Center

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