Assignment of Profit center in cost center

Hello Friends,
What is the significance of assignment of profit center in cost center ? System does not allow me to post activity prices in KP26 without assignment of profit center to cost center. It gives error that
"Profit center 1000/DUMMY_PCA does not exist for 01.04.2009"
How to solve this error with out assignment of profit center in cost center?
Waiting for reply!

Profit Center is an Organizational unit in Accounting that reflects a management-oriented structure of the organization for the purpose of internal control.
Hence its Assignemnt with Cost center should be there for proper assessment of Organisation.
If you do not assign a profit center, the SAP System transfers the data from the dummy profit center defined in configuration for the respective controlling area to Profit Center Accounting.
Therefor proper cost center with Proft center assgined has to be used for Cost center / actvity type planning in KP26.

Similar Messages

Functionality of Profit Center and Cost Center

Hi,
I am unable to understand the functionality of Profit center and cost center, I know that cost center represents area within an organization for which you will like to see the expenses for a particular time period. for example in an organisation we have three cos centers Accounts, HR and Admin. whenever you post an accounting document in FI you will specify the cost center to which the expense relates. but in some cases when you post an expense and give the relative cost center the profit center is also driven by the system. why is this behavior? i mean i have posted an expense not an income then why is system driving the profit center as well?
Profit centers are used if you want to see the profit of different area of your organisation. in what kind of postings we use profit center? and if we could use profit center to draw income and loss for a specific area why do we need segment reporting? and what is the difference between Segment and Business area. what i understood from their definition is that they are both same and use for same purpose.
I am totally lost in these concepts. please some one help me out with an example. i am stuck at this point. some one please clarify my concept of Profit Center, Cost Center, Segments and business area please.

Hi,
Cost center & Profit Center are organizational units within the enterprise structure , created for better internal control.
As the name suggests Cost Center is the lowest level of the organizational unit representing a defined location of cost incurrence or otherwise to which you can meaningfully assign the cost(both direct & Indirect).
Profit Center is an organizational unit in accounting ,where management would require to see the profitability & fix the responsibility. It may be each plant/division of the company .
If you consider the Plant is the Profit center, you can take the various deptts in the Plant as cost centers. you can draw a balance sheet & profit & loss account statement at profit center level but this will be for your internal use.From this you can know the ROI on particular area. Profit centers are assigned inside the cost center so when you update cost center, profit centers are updated automatically.
Where as Segments are used for legal reporting of your accounting standard as per IFRS. Both Business Area & Segments are more or less same with some technical difference.
Business area is a free organizational unit. It can be derived through cost center or can be entered manually.
But segment is a dependent organizational unit. It is defined & attached inside the profit center master data. It can’t be entered manually.
SAP suggest to use the Segment concept.
Thanks & regards
Deepak

Assinging Profit center to Cost center - KS02

Hi,
When I assign profit center to Cost center, I am getting following error.
Tran id: KS02
Error message: Check Consistency of field, as transaction data already exists.
Can anyone help me on this ?
Thanks,
Shalini.S

Hi Shalini,
When you try to change the profit center in the cost center master data, the system will issue warning message KS149, but will allow you to make the change.
Rewards me if it useful
Regards
Ravinagh Boni

Bring profit center and cost center hierarchy from R3 to BW in BI 7.0

Hello,
I need to get the hierarchy from R/3 to BW. Can someone send me a link or mention steps i need to do to bring profit center and cost center hiearchy from R3 to BW.
Thanks
Laura.

As you would for any other infoobject
Activate the business content hierarchy datasources on R3 for cost centre and profit centre
Go into BW - replicate the metadata
Then just connect via transformations or transfer rules the datasources to yoru infosources or master data objects
Create an infopackage per hierarchy!!!!! - press the button available hirachies from OLTP - click the one you want on the left - fire it off
Then repeat new infopackages for all hierachies

WBS list ( profit center wise / Cost Center wise)

Hi All
I have a query on WBS elements, I needed a list of all the WBS elements, Profit center wise & Cost center wise(is it possible to get cost center wise list)..
I am using trans CN43N. Is it the correct report or is there anyother report I need to execute to get the list of WBS elements(profit / Cost centerwise)
Regards
Bala

It s simple to get that using SE16n..
Enter table MARC.. PRCTR is the field for profit cener.. Enter ur prof center and execute..you ll get the list of matreials under the profit center
ALso check ke5z...

RE - Change profit center and cost center after LO activated

Hi ppl, One question. Is there any harm if we change the profit center and cost center of the business entity, building, rental unit only after the lease out has been activated?

No need to change the cost center, as you want to have valid from date as 01.10.2010.
Having profit center before that date is not an issue and does not have any negative impact.
Regards,
SDNer

Account assignment as a IO or Cost Center

Hi All Experts,
we are implementing for Constrcution company (Real Estate ) client. We have scenario where client gets the contract of constructing any project and after completetion hand over to client.
For booking any expenses for procurement of material what could be the better option to use as a Account Assignment ?
Internal Order or Cost Center ?
CASE - 1
I am trying in my test system for internal oder where after completion of we will lock the IO and that can not be used future wrongly.
When I am trying through KO02 - Edit - LOCK - SAVE. And same using in FB60 it is giving me short dump instead of any error
CASE - 2
I have created Cost Center with some 2 years expired definite time frame, since I am using that CC in FB60 it is also not giving me any error that time frame has expired so can not used !
Both of the account assignment not working perfectly to my scenario.
Can any expert guide me how to achieve this requirement ?
Note :- We are not using PS in our project.
Regards,
Sharvari Joshi.

Hi Aleksey,
I am doing the same in my system, I am using the LOCKED IO for posting in FB60 as a account assignment I am getting below dump.
Is it becasue of WRONG configuration ? Or SAP's standard system behaviour
Runtime Errors         MESSAGE_TYPE_X
Date and Time          24.10.2011 19:10:29
|Short text                                                                                |
|    The current application triggered a termination with a short dump.                            |
|What happened?                                                                                |
|    The current application program detected a situation which really                             |
|    should not occur. Therefore, a termination with a short dump was                              |
|    triggered on purpose by the key word MESSAGE (type X).                                        |
|What can you do?                                                                                |
|    Note down which actions and inputs caused the error.                                          |
|                                                                                |
|                                                                                |
|    To process the problem further, contact you SAP system                                        |
|    administrator.                                                                                |
|                                                                                |
|    Using Transaction ST22 for ABAP Dump Analysis, you can look                                   |
|    at and manage termination messages, and you can also                                          |
|    keep them for a long time.                                                                    |
|Error analysis                                                                                |
|    Short text of error message:                                                                  |
|    Error GENERAL_ERROR MESSAGES_ACTIVE_REQUIRED                                                  |
|                                                                                |
|    Long text of error message:                                                                   |
|     Diagnosis                                                                                |
|         The following program error or handling error has occurred.                              |
|         Error information:                                                                       |
|         GENERAL_ERROR                                                                            |
|         MESSAGES_ACTIVE_REQUIRED                                                                 |
|     System Response                                                                              |
|         Processing is terminated.                                                                |
|     Procedure                                                                                |
|         If you cannot solve the problem yourself using the error                                 |
|         information, note down this information and the entries which led                        |
|         to the error. Contact your system administrator for further                              |
|         assistance.                                                                              |
|                                                                                |
|    Technical information about the message:                                                      |
|    Message class....... "K5"                                                                     |
|    Number.............. 011                                                                      |
|    Variable 1.......... "GENERAL_ERROR"                                                          |
|    Variable 2.......... "MESSAGES_ACTIVE_REQUIRED"                                               |
|    Variable 3.......... " "                                                                      |
|    Variable 4.......... " "                                                                      |
If its standard behaviour I guess nobody can help in this ! According to me user should get error when he trying to use LOCK IO.
Regards,
Sharvari Joshi.
+Thank you very much for your explanative and patient replies+

What is Budjet, Profit, Work and Cost center means?

Hi Guys,
Can u explain Budjet center, Profit center, Work center and Cost center? Also if i miss any other center like these!
What is the functionality of each in business point of view?
If possible with an example:-)
Thanks,
Vinod.

Hi.
Please use a search enginge before aksing here. BTW: If you use a search engine perhaps it is advisable to write 'budget' instead of budjet.
And before I forget this I would like to point out that your question is not related to ABAP. Therefore this forum is not the right place to ask it anyway...
Thread will be locked.
Jan Stallkamp
Edited by: Jan Stallkamp on Jul 23, 2008 1:18 PM

Accounting:profit center n cost center

hi expert,
how define Segmentation,profitt center n cost cener...pls hell me

hi
Segmentation Accounts
Segmentation Accounts
Profitt center and Cost Center
Financials ->cost accounting
Define dimensions
create profit centers from the profit center set up screen
regards,
Sanju M S

Derivation of Funds Center from cost center for Asset PR/PO in FM

Hello Experts,
We configured new FM area and relevant BCS settings. It is working fine except PR or PO for Account assignment category A.
Issue: system is not able derive funds center from cost center in the asset master. cost center is not updated in EBKN table for Asset PR.
we have maintained the following;
1. Funds center is activated in Asset account assignments
2. Maintained derivation rule with function module: FMDT_READ_MD_ASSET
3. Derivation rule for cost center to funds center also maintained
If maintain funds center manually in PR it is working fine and consuming budget also.
Requirement: How derive funds center from cost center assigned in asset. I have verified all tickets raised in this forum, but nothing has answered my question.
Request you to provide solution for above issue.
Thanks in advance for support.
Regards,
Chalapathi

Hi Venkata,
You have two derivation rules, first related to Asset function module and second one is related to CC and FC combination.
You need to maintain the function module derivation rule first then you need to maintain the derivation rule related to combination of CC and FC. Because first you need to derive CC from asset master and then you need to derive fund center with reference to this CC.
Regards,
Ankit Agarwal

Responsible cost center vs Cost Center

I was wondering what cost center takes prevalence over the other when creating a maintenance order the Responsible cost center vs Cost Center. The Functional location has its own Cost center “Responsible cost center” as well as the Work Centers that are assigned to people “Cost Center”. When creating Maintenance orders I have orders that use the FL work center sometimes and other times it uses the Work Center. I really need the FL to take priority over the WC if that is possible. Any suggestions?

Hi Lynn,
There is a bit confusion in your query.
To make it clear, Responsible cost centre comes from work centre for operations, where the cost is calculated based on the activity / cost centre assignment in KP26.
Cost centre in Technical object will be responsible for settlement. When the settlement rule is created, it will be assigned as receiver object and work order cost is settled to this cost centre.
Hope this helps.
Thanks
Terence

Difference between cost center & Responsible cost center in asset master

I want to know difference between cost center & responsible cost center in asset master on following perspective.
1. Financial accounting veiw -
2. Business & report veiw.
I have read through F1 help
Cost Center
Key uniquely identifying a cost center.
Use
The SAP system uses the cost center assignment in the asset master record to determine the cost center affected when the following types of asset posting are made:
Fixed asset depreciation
Gain/loss from asset sales
Cost center responsible for asset
Cost center that is responsible for the asset, but which does not carry the depreciation for the asset.
Example
For example, the cost center "vehicles" can be responsible for all vehicles, while other cost centers carry the depreciation for the vehicles
I can understand from F1 what will be the impact on finance accounting. My question is how it helps in reporting etc & business logic for using responsible cost center. Which report will be usefull to see data at responsible cost center.
Regards
T

Closed

Cost center and cost center group

hi,
how can i create cost center and cost center group?

hi,
after u enter in to sap easy access
goto Extras menu-settings->select display technical names
you can see the T.codes for each transaction
for example:create cost center
accounting>controling->cost center>master data>cost center>individual processing-->KS01-create

Table for Funds Center and Cost Center

Hi,
I need to know if there is any table that match Funds Center with Cost Center. Because I am doing an interface on SAP that takes the info of Cost Center, but needs some more info of the Funds Center to process.
I have been looking but found nothing.
I hope you can help me.
Thanks
Jocelyne Garibaldi

Hi,
try this table FM01KT for FUnds center
or
table FM01
Prabhudas

CO, which table decribes "cost center" and "cost center group"?

Hello experts,
now I have the transaction KP06. Maybe through customizing the user has built a "cost center group" for some "cost center".
In which table can I find out the relationship between the "cost center" and "cost center group" ?
Thanks.
RD
Edited by: Marching Dai on Jun 16, 2008 2:05 PM

Hi Arun,
Please check this link
http://www.erpgenie.com/abap/tables_fi.htm
Please check CKPE --->CO-PC Cost Object Hierarchy: Individual Objects
CSKA Cost Elements (Data Dependent on Chart of Accounts)
CSKB Cost Elements (Data Dependent on Controlling Area)
CSKR Resource master record
CSKS Cost Center Master Data
Best regards,

Assignment of Profit center in cost center

Similar Messages

Maybe you are looking for