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

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Difference between Business area and profit center accounting

Hi Frnds,
Can any body explain about difference between business area and profit center accounting .

Hi
Business area will have many profit centers. For example Vehicle is a business area in a company. Vehicle can be cars and Bikes etc. Here Vehicle is business area and Cars and Bike are profit centers. In broad Vehicle is a profit center. But as it has sub areas those are profit centers. So profit centers cannot be replaced with business area and vice versa. We can replace business area by Profit centre, only condition is that it should be in same controlling area. The business area is more like a business unit of a company. You can have multiple profit centers within a business area.
Main distinguish factor is that distribution and assessment in possible in profit center but not in business area.
One more distinction is that Business area need not be attached to any organisation structure. But profit centres can be created only under the controlling area. Business area can be across controlling area.
Business area concept is used for making stragic decisions by the management whereas the primary purpose of profit centre accounting is responsibility accounting.
http://help.sap.com/saphelp_erp2005/helpdata/en/ff/277203deea11d3b5b4006094b9b0a5/frameset.htm

Messg-AAPO189 :Account object Cost Center differs from that in asset master

At the time of Asset Acquisition in T-Code F-90 using Internal order, the system throws the following error:
Message-AAPO189 :Account object Cost Center differs from that in asset master
But in Asset Master data and Internal Order Master data's Cost Centers are same.
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Edited by: JS on Aug 12, 2009 7:14 PM

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Difference between business area and profit center

hi all
could you please tell me about difference between business area and
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thanks,
regards,
chennuri.

HI
Read below
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What is the difference between the business area and profit center
1. Insted of Business area why can we use profit center accounting ?
2. diffenrence between the assessment cycle and Distribution ?
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Both are used for internal treporting purpose.
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advs;
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Message was edited by:
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hi
PCA:
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FI Level
Consolidation Level
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Derivation from offsetting item based on the above mentioned rule
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Distribution / Assessment NOT possible
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Multiple Valuation not possible at BA level
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How to change cost center in Asset Master record ?

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My client is asking me to change cost centers in Asset Master records using LSMW. Currently, the field cost center is in display mode. In order to change the cost center, the field cost center must be in change mode while recording in LSMW. I have changed screen layout rule for Asset Master data. I have selected radio button "Optional" for cost center in screen layout for Asset Master data. But still cost center field is in display mode in Asset Master record. It must be changeable.
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Regards,
K.S.K

Hi Saravana,
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Difference between cost center & Responsible cost center in asset master

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