Common Expenses Allocation Ratiowise
Dear All,
Our clients wants to distribute common expenses (Eg security charges) in the ratio decided by users from one profit center to other profitcenter. Initially expenses will be booked under main profit center & then they wants to allocate at month end ratio wise. Also the accounting entries should get posted in the books of accounts as per profit center.
Eg.
Security Charges (Main Profit Center) Rs. 100000
Division A - 20% (20000)
Division B - 30% (30000)
The system should transfer 20% & 30% in each profit center & balance 50% remains in main profit center.
Awaits your valuable inputs.
Regards,
Nazia
If you profit centers are assigned properly and all postings for P & L item are happening to profit centers or you have profit center scenario activated then you can get the net profit.
With distribution you can increase or reduce the P & L of individual profit centers. Lets say you have 2 profit centers as A and B. After all the postings in FI you will get an P&L for A and B. Now with distribution you distribute some amount in profit center B to profit center A. Let's say telephone expenses for Rs.5000 out of Rs.10,000. Now the P&L of A will be reduced by 5000 and vice versa for B.
So distribution by itself do not give net profit of profit center but it affects the profit/loss.
Sangram
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