Balance sheet creation at Profit center Level

Dear SAP gurus,
Can anyone help me in creation of balance sheet at profit center level.. i am trying to make it thru report painter as new gl functionality is not activated at the client.. Pls tell me step by step..
regards,

Hi,
As we know, we assign Profit Center to Revenue Accounts (Cost Elements) while for Expense Accounts, Profit Center is derived from Cost Center assigned, as we maintain Profit Center in Cost Center Master Data.
Balance Sheet Account posting derives profit center in New GL in following way:
1) Cost Center of offsetting line items (Expense Posting) has been assinged to the Balance Sheet line items. Profit Center is derived from this cost center.
2) Profit Center of offsetting line items (Revenue Posting) has been assinged to teh Balance Sheet Line Items.
Say, Customer Invoice, we debit Customer (Acct Receivable) while credit Revenue GL Account. Revenue Posting has profit center assigned to it. Profit Center for Acct Receivable (Balance Sheet Acct- Customer Reconciliation Acct) is derived from Revenue posting.
If there are two offsetting line items (document with one Receivable line item and two revenue line items - posted to two diff profit center), documet splitting function splits the receivable line items in equal proportion and posts profit center for this balance sheet line items.
Unlike earlier versions of SAP, you do not need to go to profit cetner acct module to generate financial statement for profit center but can be generated from SAP GL Module itself if New GL is activated with Document Splitting function.
Hope this may give initial insight. Inform if you need further specific details.
Send me your email id, I will send some documents on SAP New GL.
Award points if this is useful.
Regards,
Chirag

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Post balance sheet account to profit center accouting

Hi.experts.
I want to post some blance sheet accounts to profit center accounting,these account include material stock,wip. what should I do?
thanks in advance.
Fannt

Hello
Balance sheet items can be transferred periodically or online in realtime
You can transfer the following balance sheet items to Profit Center Accounting in the standard SAP system at end of period:
    Payables and receivables
   Material stocks
   Assets
   Work in process
This can be done in period closing activities for AR/AP
The assignment of payables and receivables to various profit centers is basically derived from the offsetting entry line of the FI document to which they belong. It is not possible to make structural changes to them within Profit Center Accounting. If, for example, you assign a new profit center to a material, or change the derivation rules when creating sales orders, these actions do not affect the assignments of documents which have already been posted.
The payables and receivables to be divided are calculated in FI at the end of the period. To do so, call up the SAP Easy Access screen and choose Accounting ® Financial Accounting ® General Ledger ® Periodic Tasks ® Closing ® Regroup ® Debit Balance Sheet Account Subsequently.
Enter the company codes for which you want to perform the calculation. For these company codes, the payables and receivables are divided according to profit center and business area. The results are then saved.
You can now transfer the data to Profit Center Accounting. Do not choose the next menu option Post B/S readjustment n Financial Accounting. Instead, transfer the data in the Profit Center Accounting application menu, under Actual Postings ® Period Closing ® Transfer Payables/Receivables
You obtain a list of all the company codes in the active controlling area. Select the desired company codes and the period and fiscal year which you want to transfer to Profit Center Accounting.
The system then posts the payables and receivables to Profit Center Accounting under the reconciliation accounts of the general ledger. No FI documents are created in the process
You can call up the function for transferring material stocks in Profit Center Accounting Customizing, under Actual Postings ® Transfer Selected Balance Sheet Items ® Set Up Material Stocks.
The selection screen provides you with the choice of all company codes within the active controlling area. Select the period to be transferred. The current period is always based on the status of Materials Management. Normally, the data from the previous period is transferred.
You access the transfer function by choosing the following path from the Customizing menu for Profit Center Accounting: Actual postings ® Transferring selected balance sheet items ® Generate opening balance for work in process.
The selection screen provides you with the choice of all company codes within the active controlling area. You also enter the period and fiscal year.
You generally work with the standard results analysis version 0. Should you wish to use a different results analysis version, note that this must be set up in CO Customizing for updating in Financial Accounting, as the corresponding account determination is required.
The program transfers all changes in work in process within a single period. When running this function for the first time with a given controlling area, please select the field Create opening balance. The system then posts the opening balance to the start period. You can also post the opening balance to period 01 at fiscal year change, so avoiding having to carry the balance forward.
You access the transfer program by selecting Actual postings ® Transferring selected balance sheet items ® Generate opening balance for assets in Customizing for Profit Center Accounting.
The selection screen provides you with the choice of all company codes within the active controlling area. The depreciation area book depreciation per trade law (01) is provided as a default. You also select the posting period and the fiscal year.
You should run the program in the background, as large amounts of data are normally selected. If you select the field Line item, a line item will be created for each asset in Profit Center Accounting. When handling a large volume of data, you should only use this option for test purposes.
The system assigns assets to profit centers indirectly, via assigned internal orders or cost centers (see Assigning Assets). The program transfers the acquisition and product costs, as well as cumulated value adjustments. The accounts used for this transfer are taken from account determination for Asset Accounting.
Note that it is only possible to calculate key figures (such as Return on Investment) in Profit Center Accounting correctly if an indirect statement of assets and depreciations is made in Financial Accounting
Reg
*assign points if useful

Balance sheet item in Profit center accouting

Dear All,
We are deriving segmental reporting through profit centers. I have created the profit and loss accounts as cost elements. Should I have to create the balance sheet items also as cost elements. In that case what should be the category for balance sheet items such as investment, asset, creditors, debtors and all other balance sheet items.
Regards
Vasantha

Hi Vasantha
The idea of profit center accounting is to have balance sheets, profability within the company for products, regions etc. You can derive balance sheet for these other than the legal balance sheet.
Now coming to your point, as others rightly said when you create cost elements for p&l gl accounts, the costs flows to the profit centers from the cost centers.
Then the GL accounts, you dont need to create cost elements. The profit centers are derived from the offsetting expense gl account. The profit center are derived from various assignments.
Profit centers in the Material master - Vendors & Customers get the profit center from the profit center assigned in the MM Master of the material when you buy or sell.
Profit center for asset - Cost center is assigned in the asset master from which it derived the profit center. When you buy asset, depreciation etc., flows to profit center accounting.
Most of the transactions profit centers are derived from the profit center assigned in the cost center for all balance sheet accounts.
Now coming to the New GL or Old GL, profit center are transferred to the balance sheets accounts esperically for Debtors & Creditors at the period end in Old GL by running TCode 2KEK, now with the New GL Document Splitting, the profit center is assigned immediately in the transaction itself.
I hope it is clear how profit center accounting works.
Regards,
Suraj

Trial Balance, P&L and Balance sheet at plant level and profit center Level

HI Expert,
My Client has multiple plants under same company code, hence need the Trial balance, P&L and Balance sheet at plant level
Is it possible in sap to have the Plant level financial report without using the Business area concept.
Secondly each product is identified as profit center and in every transactions each transaction is corectly mapped to profit center, without using the F.5d (Transfer the BS items to Profit center) will it be possible to have the Trial balance, P&L a/c
and Balance sheet at profit center level. If possible what is the T-code which will give such reports.
Thanks & Regards
Veda Pandit
9844769403

plant is not an FI concept, you need Business Area's
any PC report should show revenue, COGS. BS items need to be transferred.

Balance sheet at profit center level

hi
client requirement is balance sheet at profit center level
we are useing TC: S_ALR_87013340
In this TC, In balance sheet system show the expenses GL A/c's.
in Company code level balance sheet it is show right GL A/c's
but profit center wise it show the wrong GL A/c's
Note: we are not active the document spliting & segment for existing system.
thank you

Hi,
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.

Balance sheet on Profit center level

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

Hi,
The best option to get balance sheet on profit center level in ECC6.0 is S_PL0_86000028 - FINANCIAL STATEMENT ACTUAL/ACTUAL COMPARISION.
Before getting this report you must make the new gl settings by making profit center as mandatory field, and activating the neg gl functionality.
Thanks & Regards,
Shashi Kanth.

Logic to get customer balance confirmation at profit center level.

Hi All
Please help me understand the logic to get customer balance confirmation at profit center level.(not at company codewhichis available)
On what basis developments can be done.
Detailed and early Inputs will be appreciated
Thanks in advance.
vadapav

Hi
First of all, I liked your user name...
I have a basic question with regards to your requirement... Customer is an external party... he has got nothing to do with your internal definition of profit centers..
Hence, if Customer A is buying goods from you belonging to Pr Ctr B and C - He wlil expect you to send a balance conf letter which aggregates total balance... He will be, in no way, concerned with your internal division of profit center wise balance
Still, if you would like to go ahead with your requirement , then identify the open line items from BSID or BSAD (I dont know which one of these stores open line items) , Take that document no to table FAGLFLEXA and identify your profit center... This is assuming you are on ECC 6.0 and use New GL
If you are not on ECC 6.0, then identify the open line items from BSID or BSAD and Take that document no to table BSEG and read the profit center from revenue line item.. These revenue accounts can be included in a SET created in GS01 rather than hard coding in the program
Regards
Ajay M

How to get balance sheet report for profit centers

hi
how to get balance sheet report for profit centers, is there any transcation code to get that report or i need to create a report painter report for this

Hi,
You can use T. code KE5Z for actual line items.
More to this you can use program RFBILA10 (Use T. code SE38 and program RFBILA10) for complete blance sheet.
The transaction is for special purpose ledger but this program RFBILA10 can be used for profit center balance also.
In selection, you can give ledger name which is generally 8A for profit center ledger.
Reg

Profit center level trial balane

Dear all
my client want profit center level trial balance am tried through "S_PL0_86000030" there am getting "No records were selected" am getting this error
Regards
Ajeesh.s

Hello Ajeesh
Did the values are stored in FAGLFLEXA with profit center data with the same input perameters?
Please check
Regards
Anil Kumar

Vendor Payable Reconciliation Account at Profit Center Level

This is a general question about how people are tracking vendor payable reconciliation accounts at a profit center level. We are running into scenarios where we cannot track the vendor payables at the profit center level because cross company postings are causing the document splitting to enter profit centers from different legal entities at the vendor payable GL account level. Have other people ran into this problem?
Thank you for your help!

Hi
Your issue is not very clear. The Document Type is defined at Header and one accounting document can contain multiple profit centers
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Sanil

Document type for vendor purchases at profit center level

Hi
Our requirement is that document type should change for MIRO and FB60 at profit center level. So how it can be achieved.
Its because i believe that one document type can be used for one TCode (FB60 or MIRO). Please suggest how to achieve this.

Hi
Your issue is not very clear. The Document Type is defined at Header and one accounting document can contain multiple profit centers
Regards
Sanil

: Role Security within Company Code at Profit Center Level

Can someone explain how to restrict GL transaction processing within a company code, below the company code level, at a Divsion / Branch level at the profit center level for ECC6 via user authorizations in FI GL roel security?

Hi,
Create Authorization Objects for the branch/ division containing the User ids and mention in the role.
Thanks
VK

Summarization at Profit Center Level

Hi
We have a requirement in which the client needs that the system should create a single line item for revenue account even if there are multiple line items in the Sales Order. However, as an standard SAP creates individual line item for every line item of Sales Order. Pls suggest
Regards
Vaibhav

Hi
If you are on New GL, you cannot do document summarization at profit center level. However, the work around could be that you define, every plant as a profit center. In That case, you can do summarization at plant level. The path is
IMG>Financial Accounting (New)>General Ledger Accounting>Periodic Processing >Integration>Document Summarization for Sales & Distribution
Regards
Sanil Bhandari

Authorization at profit center level

Dear All,
In FI Module we have a requirement of Authorization at Profit Center
Level.
For Example : in FB50 transaction we want to allow some users to enter
only for "1001" profit center.
We have tried the following :
We have create authorization object for PRCTR - Profit Center field and
assing that object manualy to role. But it is not working. After assigning this authoization object, profit center also comes in "Organization Level". But at transaction level no effect.
Thanks in adanace,
Nirav

Hi Nirav,
You will only invoke additional authorisation checks if the code for the transaction is changed to include the relevant AUTHORITY-CHECK code + subsequent logic.
From memory for FB50 you will need to look into an appropriate user exit or enhancement point to code this additional check. Alternatively you could use an alternative control such as random sampling for those users.

Can we run Payment medium or dunning in the profit center level also ?

Hi friends
Is it possible we can run a payment medium program or dunning in the profit center level.If it is yes means, how we can run at the profit center level for all vendors and customers
Regards
Aravind
9980838025
Bangalore
India

HI Arivind,
This is possible when in the line item is a profit center.
Use for this the tab Free selection.
BUT.
In a lot of situations there is no profit centers in the line!!
When you make a posting (or from SD) it possible to have 1 line on debtor or creditor and more profit centers on the other line's.
When this is from SD you can create dunning areas based on sales org/ devision/ distr chanel. Then you can use this for dunning
Paul
Paul

Balance sheet creation at Profit center Level

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