Balance Sheet by Profit Center

Hi Gurus,
Just a clarification for the profit center balance sheet. Let say for example I purchase an item from vendor A for the profit center A. The profit center is then inherited from the expense line item.
Debit    Expense      900                    Profit Center A
Debit    Input tax       100                    Profit Center A
Credit      Vendor A 1000                   Profit Center A
Now, before payment they realized that a portion of 100 should be for Profit Center B. I did a repost of line item, thus creating financial entry also to transfer the Profit Center A to Profit Center B. But this is only for the expense account.
My question is, is there a way to allocate also the portion of 100 for the Vendor and tax line item from Profit Center A to B?
If this is not met, then how can we actually generate balance sheet by profit center.
Thank you.

You can get the balance sheet as well by Profit Center.. New GL's document splitting functionality is very much equipped to provide that
Once you activate it, and specify pr ctr as the doc splitting characteristic, no document will be posted without Profit center populated in the line items.. However, this is possible only for ECC Version of SAP (5.0 or above)
If you are using Classical PCA, then you have to execute transactions like 1KE* at period end to update Pr Ctr in the balance sheet line items
Personally, I appreciate the New GL functionality of Profit center and doc splitting over Classical PCA
Ajay M

Similar Messages

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    Then it will not work as document splitting will split document on the basis of profit center or segment & corresponding debit & credit is posted to zero balance account.If you have not activated document splitting you can not have balance tallied at profit center or segment level so it will not matched .
    System will not show financial statements on profit center or segment basis ,if document splitting is not active.

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    Hi dear,
    Earlier SAP was using business area. But it was not able to derive correct balance sheet.
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    Basically all expenses are related to cost and hence they are recorded in cost center. If you ask me before coming to sap I use to use profit center to group cost center for internal reporting. But  sap derives profit center balance sheet where expense comes from cost center to profit center and balance sheet accounts are assigned to profit center.

  • Balance sheet on Profit center level

    Whats  the best option to get balance sheet on profit center level in ECC6.0 ??

    The best option to get balance sheet on profit center level in ECC6.0 is S_PL0_86000028 - FINANCIAL STATEMENT ACTUAL/ACTUAL COMPARISION.
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  • ** Balance sheet at Profit center with Inventory valuation at CoCd level **

    Inventory valuation is at CoCd level. Moving Average costing.
    There are 2 plants in CoCd 3000.
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    I don't think so it's happen at valuation at Company code level.
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    In your case 2 Plants and 2 Profit centers. There is no chance to different the value at Profit center . Check once in Dev. server with example.

  • Balance Sheet in Profit Center

    Hello All,
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    Thanks, Please respond immediately.

    You can use transaction code:
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    S_ALR_87013347 - Profit Centers: Assets (Transferred Periodically)
    S_ALR_87013348 - Profit Centers: Materials (Transferred Periodically)
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    For liabilities like Equity, debenture shuold be distributed equally to all profit centers since it does not ensures that raised funds will be deployed for specific profit centers. Ask your business process owner how to distribute those amounts.
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  • Profit & Loss and Balance Sheet at profit center group level

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    As far as my knowledge it the only way to choose group of profit centers . as per below screen shot .. you are not permitted to choose profit center group.
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  • Balance sheet items profit center not updated

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    Hi Joseph,
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  • Where to find the Opening Balance Of a Profit Center

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  • Difference between business area balance sheet and profit centre accounting

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