FI:Business Area,Profit centre
Dear All,
Its a ECC 6.0
We have 4 different product & physically two plants Now is it possible to get different balance sheet at plant level & product wise?
Or
Is it mandatory to have different plants for each profit centre to get balance sheet at profit centre level & in this case how STO's will be apportioned.
Hi!
It is possible to have balance sheet Plant Wise. But, as per statutory compliance, I don't think product wise balance sheet is possible.
One profit center should be allocated to only one plant. One profit center asignment can't be possible to more that one plant. In case of STO, profit center would change from supplying plant to recieving plant and same accounting entry would get generated at the time of Goods Issue from Supplying plant. At the time of GR document, no accounting document would get generated seperately for recieving plant.
Hope it will clear your doubt. Revert back for more information.
Thanks & Regards,
Taral Patel
Similar Messages
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< MODERATOR: Message locked. Please post this message in the [Controlling forum|SAP ERP Financials - Controlling;. >
Hi,
What is the difference between Business Area & Profit Centre.
how alternative profit centre is from business are.
any documentation available.
Regards,
Shekar.Business area:An organizational unit in external accounting, which corresponds to a separate operational or responsibility area in the organization, and value flows recorded in Financial Accounting can be assigned to it.
The business area should be treated as a separate economic unit, for which you can create an internal balance sheet and a profit and loss statement. The business area is, however, only an internal organizational unit and does not have any external impact.
You define business areas if you wish to create a balance sheet and a profit and loss statement for internal areas, in addition to company codes.
Profit Center:
A profit center is an organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control.
you can use your profit centers as investment centers.
Profit center Accounting at the profit center level is based on costs and revenues. These are assigned statistically by multiple parallel updating to all logistical activities and other allocations of relevance for a profit center. -
Business Area, Profit Centre and Segment
Hi,
In my current business scenario shall I use Business Area, Profit Centre and Segment all together at a time or if I use Business Area and Profit Centre, Segment configuration is not required there. Kindly guide me these 3 activities and its exact purposes in the business.
With regards,
SamratHi ,
We are using ECC 6. In our business scenario profit centre is there. Under Document splitting there is a Business Area and Profit centre in config area.. Should we mention Segment field under document splitting. If we mention segment under Document Splittng inspite of Business Area, what are the problems may arrises ? Or if we mention all 3 (Business Area, Profit Centre and Segment field) in document splitting what may effect in other areas.
Kindly guide me.
With Regards,
Samrat
Edited by: Samrat Roy on Nov 2, 2008 4:42 PM -
Sales Tax Gl ac is not posted with Bus.Area & Profit Centr
while Release to Accounting from SD Module, Business Area & Profit
Centre is not getting updated or populated. We have to make the field
status as optional, then only it works, but the business area & Profit
Centre is updated with Blanks. Can it take the default values from trxn
3keh. Is there any user exit, where we can write our own code to
populate, while release to accounting.
thanks
amitHi,
Please check the validation with your FI consultant in the transaction code: GGB0
regards
bvdv -
Document splitting with two characteristics Business area & Profit Center
Dear Experts,
is it possible to split the document with two characteristics .
Business area
Profit center
Can anyone suggest!!
Regards,
NaruHi,
Thanks for you immediate response...
i tried with this it is splitting only profit center and not splitting for business area, Please correct if i am wrong.
Amount
Business area
Profit center
Vendor A
4000
Expense
2000
A
A
Expense
2000
B
B
Should split like below
Vendor A
2000
A
A
Expense
2000
A
A
Vendor A
2000
B
B
Expense
2000
B
B -
Validation between Business area & Profit Center
Dear All,
How can we validate Business area & profit center?
Regards,
Mahendrahi
PCA:
Created per Controlling Area & Company Code [System validation at Company Code Level]
Data:Manual Entry
Derivation by referred cost object
Derivation from offsetting item based on the above mentioned rule
Periodic processing:Monthly period closing program to be executed
Distribution / Assessment possible [PCA Documents are created which can be verified by the auditor]
Report showing individual and all PCA totals to match Company Code Values GL Account wise can be created
other:Consolidation at PCA level
Multiple Valuation possible for PCA at
FI Level
Consolidation Level
Material Ledger concept for PCA for parallel valuation of materials
Business area:Independent Dimension
[Can be used across company codes u2013 Manual validation required to ensure Company Code-Business Area parity]
Data: Manual Entry
Derivation from Organization structure
Derivation by referred cost object
Derivation from offsetting item based on the above mentioned rule
Periodic processing:Monthly period closing program to be executed
Distribution / Assessment NOT possible
Report showing individual and all PCA totals to match Company Code Values GL Account wise available
Others:Consolidation at BA level
Multiple Valuation not possible at BA level
Material ledger concept NOT extended to Business Area
Further development for Business Area discontinued [Note 321190]
thanks
Srilaskhmi -
Business area-cost centre relation
Hi,
Guide me relation between business area-cost centre, bus area-material, bus area-plant-division and bus area - sales area,plant.
Regards,
DHHi,
Follow the Link, I think it may help you
[http://wiki.sdn.sap.com/wiki/display/ERPFI/BuldingBlocks(Masterdata)ReleventtoControlling] -
hi sap gurus,
When it is useful to activate new Profitcenter & when it is useful to activate Business Area.
Can any body narrate difference and benefts of each
Thanks & Regards
krishna.Hi,
Profit center and business are org units and both are used for similar purposes.
Business area is gared on external accounting where as profit centers are used for internal accounting purposes
Business Area
Based on the above we can prepare Balance sheet and profit
centre for separate product segment, geographical segment
etc. In India for certain companies it is the external
reporting.
Profit Centre
Based on the above responsble profit centre derive the
profit (only profit) (revenue minus expenses). Internal
reporting
Thanks
Ram -
Relation Between Company code Business Area,Cost centre etc
Hi Experts,
Can anybody tell me How the following are related to each other the same is mentioned below.
1.Company Code
2.Business Area
3.Profit Centre
4.Cost Centre
5.Cost elements
ARHi,
Follow the Link, I think it may help you
[http://wiki.sdn.sap.com/wiki/display/ERPFI/BuldingBlocks(Masterdata)ReleventtoControlling] -
Impact Analysis: Business Area, Profit Center changed for Sales Order type
Hi All,
Can you please let me know the impact of changing the Business Area and Profit Center for Sales Order Document types.
Scenario:
Let's say that sales document type ZOR has been used for sometime. On this document x number of sales orders have been raised, delivered and invoiced over the years.
Now, if you change the Business Area and Profit Center what would be the business impact.
thanks,Hi,
First of all itu2019s not a good business practice to change the Business area and Profit Centre.
However if at all l you change the Business area and Profit centre the following is the impact::
Business Area: effects the sales order in accounts assignment at Header level.
Profit centre: effects the accounting part at Item level
Overall in MIS reporting w.r.t Profit and Business Analysis in Finance will be affected.
Thanks and regards
DSR -
Business area & profit center adjustments
Hi viewers,
How to do the business area adjustments to generate Business area wise balance sheet .... pls let me guide and also profit center wise adjustments to generate balance sheets.
Rgds,
swathiHi
Maintain the settings in OBXM and execute the following transactions F.5D, F.5E and F.5F
Thank You, -
Business Area/profit Center Accounting
Dear All
I need your sugesstion
we neet to create the Financial statement at plant level.
for that Business are is ok or Profit center Accounting.?
what would be the benfit that you sugsest?PROFIT CENTER IS GOOD COMPARED TO BUSINESS AREA BECAUSE REPORTS ARE NOT UPDATED AUTOMATICALLY
-
Difference between Business Area & Profit Center Accounting
Can anybody help me out by explaining the difference between Business area and profit center? Because both the concepts are used to define a product line / function in a business,so why they are different?
Also let me know why business area concept is replaced by profit center?
Regards
Sagarhi
PCA:
Created per Controlling Area & Company Code [System validation at Company Code Level]
Data:Manual Entry
Derivation by referred cost object
Derivation from offsetting item based on the above mentioned rule
Periodic processing:Monthly period closing program to be executed
Distribution / Assessment possible [PCA Documents are created which can be verified by the auditor]
Report showing individual and all PCA totals to match Company Code Values GL Account wise can be created
other:Consolidation at PCA level
Multiple Valuation possible for PCA at
FI Level
Consolidation Level
Material Ledger concept for PCA for parallel valuation of materials
Business area:Independent Dimension
[Can be used across company codes u2013 Manual validation required to ensure Company Code-Business Area parity]
Data: Manual Entry
Derivation from Organization structure
Derivation by referred cost object
Derivation from offsetting item based on the above mentioned rule
Periodic processing:Monthly period closing program to be executed
Distribution / Assessment NOT possible
Report showing individual and all PCA totals to match Company Code Values GL Account wise available
Others:Consolidation at BA level
Multiple Valuation not possible at BA level
Material ledger concept NOT extended to Business Area
Further development for Business Area discontinued [Note 321190]
thanks
Srilaskhmi -
Business Area & Profit Center : Reports Issue
Hi Experts,
We are maintaining Business Area and Profit Centers. we have also activated document splitting. We posting transactions, which has CO Account Assignment Objects or Profit Centers or Business Area.
We need to view Financial Statements (F.01) Business Area wise and Profit Center Financial Statements (S_PL0_86000028), I m not able to see any figures or amounts respective to that Business Area wise or Profit Center.
Please help me in understanding, what config part is missing or is there any prgram to be executed to activate this ?
Edited by: Hussein Merchant on Jul 7, 2010 11:38 AMok
-
Cost centre without business area
Hi All,
I have document splitting with business area and profit centre mandatory, along with this i have configured business area wise FSV in OBY6.
We have configured 10 business areas and 5 profit centres, but i have created cost centres without business area and i dontwant to create cost centres with business area becoz junk master data in system and no control to users. also i have done configuration in OKB9 for automatic posting expences account with the combination of valuation area-business area- & cost centre, but when we are posting any financial document though MM or SD transactions like PGI or MIGO for service, system is not allowing to post financial document without business area cost centres. Error "Business Area XXXX / Cost centre XXXX is not assigned".
After all analysis i came to know that, if we have cost centre with business area then only we can move with this set of configuration. Is it right?
In No. what need to be done. basically we dont want to create cost centres for all Business Area
Thanks in Advance,
SahilHi,
If you are not ready to maintain BA in CC master you should write Substitution / you should maintain derivation rule for deriving business area.
Regards,
Viswa
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