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

Similar Messages

  • Individual 3RD Party Purchase Order Process Bisiness logic ?

    Dear  sd experts
    i know I.P.O ( Individual 3RD Party Purchase Order Process)
    But tell me Business process why Vendor will send stock to Company ( After Loading The stock ) Again company will receive The stock ( Unloading )
    Again Company will send to customer ( Loading here )
    So please tell me The business logic , my doubt Vendor will send stock Directly With out Transport charges & Loading  charges
    it is Doing like this Profit to all ( Vendor ,customer ,& Company also)
    Please tell Me the exact business logic
    Thanks a lot

    Hi Kaustubh
    The answer lies in how the sales order is closed and invoice is printed when the GR is done.
    Please check if it is possible to update the invoice  with the information you want to be printed on the Export doc and Packing slip.If this can be acheived then you print the information out of the invoice without using the delivery.
    Hope this helps.
    Thanks

  • Close 3rd Party Purchase Order

    Hi SAP,
    I am trying to close Open 3rd party Purchase Order. When I set the Deletion indicator on PO item and click on save, t
    his message appear ;-
    "No update of sales order 931518 from purchase order (error V1 154)".
    My understanding is I need to close the 3rd Party SO first, then i go to the 3rd Party Sales Order and set the Reason for rejection and set the status as "phase out" and click on save , then this message appear ;-
    "Subsequent documents already exist for item 000001"
    "Delete purchase order 7700688124, item 00010"
    because of this error I cannot delete the 3rd SO & PO. how can i close the SO & PO ???
    Kindly help ?

    HI,
    Pls check whether the customer is blocked , if so remove the block and then mark the SO line item as rejected and then delete the PO.
    Regards,
    Chandru

  • How can i get different Condition Type for third-party Purchase Order?

    Hi, experts,
    for standard PO my Schema works well. now I want to get a different condition type for third-party purchase order. I try to extend field catalog (Pricing Purchasing). The Field PSTYP exists already. However, it is not provided in the field catalog.
    How could i do?
    Thanks
    Rene

    Hi Rene,
      If you are seeing fields in the field catalog but are not seeing this field when creating the condition table then the field  probably does not exist in the KOMG structure for allowed fields for condition structures. KOMG  represents the total of KOMK and KOMP which are the pricing communication structures. If your field is not there then you need to append it to item data in INCLUDE KOMPAZ in KOMP since this is an item level field. If it were a header level field you would append it to include KOMKAZ in KOMK.  The inclusion of new fields in KOMK or KOMP automatically means that they are also included in KOMG.
    After doing this you will see the field when creating a table. There is further documentation on this process in the IMG under SPRO-> Materials Management-> Purchasing-> Conditions-> Define Price determination Process -> System Enhancements  - View the documentation associated to this node in the IMG
    Hope this helps,
    Matt

  • 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.
    Kind Regards // Shaubhik

  • Validation on PLant and profit center for Material

    Hi gurus
    please advise on validation.
    On FB50 transaction, Our users want a validation for particular accts say (GL:  No 999888)
    that if  a material is entered in FB50, a plant and profit center must also be entered AND the entered plant and profit center should be the one from  the material master MM03.
    Please advise steps as how to build validation for the above requirement.
    Many thanks in advance

    Hi
    You should never post any entry to a material account from FB50. FB50 is a purely FI transaction, and the Inventory accounts get hit automatically by various MM transactions. If you will post an entry from FB50 to a material account, there will always be inconsistency between FI & MM records.
    regards
    Parag Bhargava

  • One line item delivery for 3rd party sales order

    Hello Experts,
    We have configured a 3rd party sales order process where the PR gets created. We are using scheduling agreement(PO) and creating Schedule line and doing a GR for partial line items.  The stock is recieved as a Sales Order stock.
    But when i create a Sales Delivery the delivery document copies all the line items (ieven for the ones which we don't have GR)  from the sales order and we have to manually delete the line items from delivery doc.
    Is there a way i can restrict the delivery document to only copy the line items from the sales order  for which the sales order stock is available? If so how can we do that?
    Appreicate your help.
    Thanks
    Arpita Rani

    Hello All,
    We have configured a 3rd party sales order process. The schedule line category is configured with account assignment categoory as "M". when we are creating GR the Moving average price of the material  is not getting updated.
    But if i replace with "E" it is getting updated, but the CO-PA is not getting generated for Profitability segment reporting.--we need profitability segment reportng.
    Can some one tell me how we can update the moving average price using acc. asssignment category type "M" at the same time the Profitability segement information is updated.
    THanks in advance
    Appreciate your help
    Arpita Rani

  • Departure country determination for 3rd party sales order

    Hello,
    We are creating a 3rd party sales order and using dummy plants and dummy shillping point. we do not have plants abroad activated.
    While creating the intercompany billing doc the departure country is not picked up correctly since we have dummy plant and shipping point.
    We want the departure country to be same as suppliers country. and we do not know the supplier details at the point of sales order creation.
    what can we do to get the correct departure country during intercompany billing?
    Regards,
    Shilpa

    You can go through OSS  Note 308989 - Consulting note for cross-company transactions, which provides details on cross-company with 3rd party sales process. Make sure that the delivery plant added in the sales order is assigned to the cross company code.
    Regards,

  • Moving average update for 3rd Party sales order

    Hello All,
    We have configured a 3rd party sales order process. The schedule line category is configured with account assignment categoory as "M". when we are creating GR the Moving average price of the material is not getting updated.
    But if i replace with "E" it is getting updated, but the CO-PA is not getting generated for Profitability segment reporting.--we need profitability segment reportng.
    Can some one tell me how we can update the moving average price using acc. asssignment category type "M" at the same time the Profitability segement information is updated.
    THanks in advance
    Appreciate your help
    Arpita Rani

    Hello Arpita
    For 3rd party orders functionality you need to use account assignment category of X and not M. E and M are for individual Purchase orders. You should not use them for 3rd party.
    Please see the following OSS notes  and follow along:
    210997 - Accnt assignment categories in third-party and indiv.PO
    550388 - FAQ: Customizing of third-party and individual POs
    Good luck.

  • Cost center and profit center for a G/L account

    Hi
    Can nyone plss tell me whether a G/L account can have both Cost center and <b>Profit center or it can have just any one of them.

    Hello,
    Yes, a GL account can have both CC and PC. The tables for them are.
    in BSEG you will find KOSTL(Cost Center) and PRCTR(Profit Center). The Master Data and Text table for profit center and cost center are,
    Profit Center Master Data: CEPC
    Profit Center Text Table: CEPCT
    Cost Center Master Data: CSKS
    Cost Center Text Table: CSKT
    Regards,
    Shehryrar Dahar

  • 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>

  • Profit Center Value in the Purchase Order Pricing

    Dear Friends
    I am stuck at a process design step and I need your help to proceed further.
    We have created a new Condition type in MM Purchasing to display the charges incurred towards the inward freights.
    These freight costs vary depending on the Profit center. ( The Profit Center is already included in the Communication Structure KOMP) So We have Profit center field included as one of the field in the Table and in access sequence.
    The Profit center is visible in the item data of the Purchase order in the Account Assignment Tab Page  Under Item Details section.
    But this value is stored in EKKN & not in EKKO or EKPO
    I have created condition records  also.
    Now when I create  a  PO the value is not picked from the condition records. When i looked at Pricing analysis the value for Profit center is Blank.
    So Kindly advice me how can i get the value of the Profit center in the condition records.
    Thanks & Regards
    Srinivas

    Hi,
    We have  a similar scenario with the order type and we created a new field as ZZBSART in the field catalogue.
    included the ZZBSART in to the communciation structure KOMG so that it will be available in the KOMK structure.
    After that, some coding have to be written in the user exit J_117_USEREXIT_FILL_KOMK_KOMP.
    Sample coding for Vendor region
    Select single regio into XKOMK - regio
       Where LIFNR = XKOMK LIFNR
    Try with this and let me know if you have any issues.
    Regards,
    RitiG

  • Cant able to see new value and old value for change in purchase order text

    Hi all ,
    I am not able to see changes done in material's purchase order text in material master. When i use tcode MM04 to see changes done material master it does not report new and old value for change if it is done in purchase order text of that material .
    Thanks in advance  ,
    Shikha

    Hi Shikha,
    I'm not sure it works or not. But you can try SCU3 t.code and table DBTABLOG. May it can help you out.
    I also faced this type of issue in Plant data and it get resolved.
    Try and let me know...
    Regards
    Sunil Sisodia

  • Shipping Papers (BOL, Packing List) needed for 3rd Party Sales Order

    The Process followed is as follows:
    Plant "A" enters Sales Orders for a Customer.
    Sales Orders generate the material requirement on Plant "A"
    The material req gets turned into a Purchase order on External Vendor.
    Vendor provides the shipment information and a goods receipt is done on Plant "A"
    Once the goods receipt is entered, it closes the Sales Order and the customer invoice prints.
    The goods receipt, however, does NOT produce inventory, it basically passes through directly to the Sales Order. 
    Now incase of a export order, need to find a way to configure so that Export Documentation can be trigeered in the form of an Output Type, in short a Delivery needs to be created.

    Hi Kaustubh
    The answer lies in how the sales order is closed and invoice is printed when the GR is done.
    Please check if it is possible to update the invoice  with the information you want to be printed on the Export doc and Packing slip.If this can be acheived then you print the information out of the invoice without using the delivery.
    Hope this helps.
    Thanks

Maybe you are looking for