Cost Center Opening Balance-reg

Whether, we can give opening balance for the cost centers/profit centers, in SAP B1 8.8

Hi,
Cost center/profit centers are additional information for management and they depend on journal entry. No where for you to input opening balance except Journal Entry with assigned cost center/profit center.
Hope this helps,
TVSon

Similar Messages

  • Cost center balances

    i need to read period wise balances in a cost center.
    is dere ny fm/bapi to do so?
    is dere ant table which contains cost center wise balances?
    points 'll b rewarded
    Edited by: abapuser on Mar 3, 2008 7:42 AM

    Hi
    Yes you can use S_ALR_87013611 for multiple periods..... if you want to see only one period  you can see S_ALR_87013614. In the left side you can see the cost centers list click on each cost center .. on the right side you can see the cost centers balances with cost element wise.
    Path for the above reports ... SAP easy access> accounting>controlling> cost center accounting>Information systems --> Reports for cost center accounting >Plan/Actual comparisons>
    Radha

  • How to calculate actual activity price using cost center balance

    I have a problem,the case is that: i have two pro.order. orderA settlement to cost center M; orderB is a standard pro.ord,and the work center of orderB link to cost center M. when i calculate the actual activity revaluation.the activity price update the PRO.ordA and B,and the cost center is zero.
    when i settlement the order A,the cost center M is not balance,so i must calculate the actual activity revaluation again.
    now,i want to calculate the actual activity revaluation from the cost center's balance,not the Dredit balance.so how can i calculate the actual activity revaluation

    did you also assigned the cost centre to splitting structure?
    what is not working? the cost are equally distributed on both activities?

  • Balance sheet and cost center

    Hi,
    I need to seek clarification on this.
    What baffle me is that, in FB01, if enter balance sheet account, cost center field also available. Why need to have cost center for balance sheet account? Can have few business example why need to have cost center for balance sheet account?
    Thanks

    Generally you do not need  to populate cost center for balance sheet accounts but there is only one exception in case of Fixed Assets. There is a cost element category 90 which gives you the privilege to fill in cost center for the Asset accounts provided you use this GL in Fixed Asset configuration as account assignemnt. I do not know if this is the case in your client. For all other scenarios you can not even key in the cost center to balance sheet accounts because B/S accounts are not created as cost elements.
    Follow options provided by fellow members related to field status variant and posting key settings.
    Hope this helps

  • Cost center BLOCK

    If you wanted to block a cost center from future use, do you need to clear out the current year to date activity first or can you simply block the cost center and retain all information in that cost center
    YGB

    Hi GB,
    1. When there are some postings already happened to some particular Cost Center and balance is there, if you block the Cost Center at this point of time, where the balance amount in the Cost Center should go....
    2. If there is no concern about the amount posted to the cost center, you can block the cost center at any point of time. Technically, system will allow you to do so.
    3. It is advisable that you clear the amount in the cost center by way of Reposting/Distribution/Assessment etc and then block the cost center from further usage.
    Revert back for further explanation...
    Srikanth Munnaluri

  • Can we use FAGLFLEXT totals for cost center-cost element totals?

    Hi All
    I would like to extract data out of our sap ECC 6.0 for our data ware housing system. We have cost center and profit center as scenarios. Now my question is , Is it advisable to extract cost element-cost center totals from FAGLFLEXT or is it better to get the values from COSS?.
    Please throw your views
    Thanks

    Hi,
    I think you're better off using a combination of COSP and COSS since changes in a cost center's balance due to CO  internal allocations within the same company code will not reflect in FAGLFLEXT.
    Regards,
    Kenneth

  • G/l Account Balances Report with Cost Center

    hi all,
    In F.08 T-code i need to place a Parameter of Cost Center in G/L Account Selection and
    after executing the report i need to place populated cost center field at the last column.
    Please help me in creating this report with different possibilities.
    thanks,
    Sankaresh S
    Moderator message: "spec dumping", please work yourself first on your requirement.
    Edited by: Thomas Zloch on Jan 24, 2012

    Hi,
    It looks like a complex system is in place. It is good that Non-SAP system is being discarded.
    Let us assume CC1 and CC2 are two company codes in SAP nad NC is a company code in non-SAP system. Further let us consider CC1 as a replica of NC. And all invoices are entered in CC2 and interfaced to NC month end. As payment details are not interfaced back to CC2, all items will be open items. I presume only closing balances from NC are interfaced to CC1, as such both are in sync.
    Under the given circumstances my views will be as under:
    1. As CC1 is already a replica of NC, why can't this continue as a Company Code in SAP. Probably you may have to create Customer and Vendor Masters in this Company code.
    2. Second option is discard both CC1 and CC2 and create a new Company Code say CC3. In this scenario, we can start with a clean slate. Basically, you need to extend the following:
       - GL Accounts to new Company code
       - Vendor and Customer Masters to new Company Code.
    The closing balances need to be transferred to new Company code along with Open items of Vendors / Customers.
    3. Third option as you have planned to update balances in CC2. In this scenario, how are you planning to write off the open items (which are already paid). You will be transferring it to a dummy / conversion GL Account. But I think this may be a significant balance and proper analysis need to be made about the implication of that.
    I would recommend option 1 of creating a new Company code.
    Thanks
    Murali.

  • COST CENTER CHANGES FOR OPEN PO REQUIRE BEST APPROACH HOW TO DO IT

    Dear All,
    we are changing the cost center for open PO's kindly tell us the best approach how to do it for all open PO's line items for open PO's are 4000.
    we will totally block the old PO's and change the PO's with NO GR and IR immediately, but what and how to do for if there are GR, IR, or one of them their. and also what if IR and GR differences are thier, kindly provide all the best possible approaches.
    below are the scenarios.
    Open PO without GR/IR
    Open PO only with GR
    Open PO only with IR
    Open PO with IR/GR without difference
    Open PO with IR/GR with differences
    Service entry sheet
    kindly provide me all the best approaches to achieve this task. keep in mind beside reversal of GR or IR any other approach.
    qsm sap
    Edited by: qsm sap on Feb 15, 2010 12:08 PM

    Hi,
    Open PO without GR/IR
    Open PO only with GR
    Make Acct assigment as changeable at time of IR in SPRO for Acct Assigmet 'K' ...so that u can change the cost Center while doing MIRO. if u do not want to go with mass change.
    Service entry sheet
    You can change Cost center while Doing SES. No issue
    for others... reverse the IR as one option.
    Regards,
    Pardeep Malik

  • COST CENTER CHNAGES FOR OPEN PO"S BEST APPROACH

    Dear All,
    we are changing the cost center for open PO's kindly tell us the best approach how to do it for all open PO's line items for open PO's are 4000.
    we will totally block the old PO's and change the PO's with NO GR and IR immediately, but what and how to do for if there are GR, IR, or one of them their. and also what if IR and GR differences are thier, kindly provide all the best possible approaches.
    below are the scenarios.
    Open PO without GR/IR                    
    Open PO only with GR                    
    Open PO only with IR                    
    Open PO with IR/GR without difference          
    Open PO with IR/GR with differences          
    Service entry sheet
    kindly provide me all the best approaches to achieve this task.
    qsm sap

    Hi,
    Open PO without GR/IR
    Open PO only with GR
    Make Acct assigment as changeable at time of IR in SPRO for Acct Assigmet 'K' ...so that u can change the cost Center while doing MIRO. if u do not want to go with mass change.
    Service entry sheet
    You can change Cost center while Doing SES. No issue
    for others... reverse the IR as one option.
    Regards,
    Pardeep Malik

  • Opening Balances for Project Costing in R12

    Hi All,
    What are the Open transactions should be migrated as Opening Balance in Project Costing (R12) for Projects and Tasks. Here at client place cost will come from Inv, PO, AP and OTL to Project costing (R12). Can you please explain in detail (Opening Balances & Historical Cost - How to Migrate)?
    Waiting for replies...

    Hi
    Usually on implementation of Projects, people are migrating total historical costs per project.
    Depend on your current system, you may convert the historical data summarized by project, task, expenditure organization and expenditure type. There is an option to summarize costs into the latest period, just before starting the future transactions import into Projects. Otherwise, consider summarizing cost data per period, per quarter or per year.
    The summarized data may be loaded as miscellaneous expenditures into Projects.
    Be aware that for converted expenditures you should setup a Transaction Source which is costed and accounted.
    Dina

  • Open field for cost center on the material master

    We have a unique requirement in a facility we intend to implement plant maintenance in to track a cost center to a material by including the cost center on the material master somewhere.  Cost center is not a field on any of the material tabs we use for maintenance materials, but the requirement is just that it is tracked in a field, even if it's just an open field like a "user defined field" or another field not used often.  We realize there are disadvantages such as the field not being checked against active cost centers, but we are looking at options short of adding cost center as a field manually to a tab (which I believe would require ABAP assistance).  I don't think there are any other fields/tabs we are currently not utilizing but I could be wrong... The best option we can think of is adding it in a material characteristic so it shows on the classifications tab, but I thought I would see if anyone has any other ideas.
    Thanks

    Not sure what is the need of cost center on material master when you want to implement Plant maintenance module. Do you have any specific requirement for this?
    Ideally cost center will be derived from either functional location/ equipment (equivalent of material master) on to PM work order or notification.
    Can you elaborate the requirement?
    After all if you wish to go with cost center, then I suggest it should be at plant level as PM requires plant level distribution. You can add up a custom field and give the reference of cost center data element with help of developer.

  • Cost of Inventory Opening Balance

    Dear all,
    I understand from the accounting terms that COS = opening stock+purchases-closing stock.
    I need to input the cost of inventory (COS)as opening balance. What account should I debit/credit. I have inventory account, Inventory opening balance suspense account, and the GL opening Balance suspense account.
    Kind Regards,
    Asif

    Hi!
    When doing a Opening Balance for Stock via Initial Stock Window, System will automatically post a Debit Entry to Inventory Acc which based on the Set G/L Accounts By Inventory Acc you mention in ItemMaster and Credit the Inventory opening balance suspense account (you need to map this on Opening Balance Acc Field on the Screen)

  • Cost center not appearing for G/L (Balance account) while posting

    I have created symbolic account 1300, accrued leave pay with account assign type as F.
    I hvae assigned the relevant G/L to this symbolic account under 'assign balance sheet accounts'
    However while posting, the relevant cost center assignment is not captured next to the G/L account.
    The cost center is correctly maintained in IT0001 and is displayed for the other expense accounts. But is missing for all balance G/L accounts.
    Please guide
    Ally

    Hi Ally,
    I have similar requirement, can you please let me know what did you changed in the Posting Variant.
    Your help is much appreciated, and rewrded. Waiting for your reply.
    Thanks,
    Janga K.

  • Cost center empty in general ledger view for balance sheet accounts

    Hi !
    We are implementing ECC6 with new GL functionalities. We activated differents scenarii: cost center, profit center and segment.
    Using FB03 (display document) we noticed that in the entry view, everything is fine: cost center, profit center and segment are filled successfully.
    However, in the New GL view, the cost center is not filled for balance sheet accounts.
    Any solution?
    Regards,
    Julien

    HI,
    Cost center will never be filled for the Balance Sheet account. For Balance sheet account Profit Center is required to be filled.
    Don't be afraid this is the fundamental practice across the globe. Cost centers will be filled in only Expense account.
    Exception to above rule is Asset master will recieve cost center because this will help in determining asset per department.
    Regards,
    Chintan Joshi.

  • How to get the cost center for the retro balance.

    Hi All
    I have this report that gives the retro balance. I get the information from RT and BAL. The problem is it doesn't show the Cost Center for the retro amounts. C1 holds the current periods payments not the retro ones.
    Does any one know how can i get the Cost Center of the the amounts that wage type /552 is showing in the RT?
    Please Help!!!

    Hi
    I am not sure on the requirement. You are developing a FI report and accessing VA03 which is sales transaction. Anyway for getting cost center you can go to table VBAK,VBAP for line items.
    Hope solves ur problem
    Thiru

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