Profit center - Administration

Dear Experts,
Can we define Administration as profit center. I think we cannot attribute any revenue to administration. So how can we define administration as profit center and how can i generate P&L  or Balance sheet on this profit center.
Thanks, Prakash

Hi
You can define Admininstration as Profit Center if that is your business requirement. You can assign all your cost centers that are related to Administration to this profit center.
You can draw the balance sheet out of it.
Assign all the materials, Internal Orders, cost objects, Assets to this Profit center.
Regards,
Suraj

Similar Messages

  • T-code: F-02 (Balancing field "Profit Center" in line item 001 not filled)

    Dear Experts,
    I am getting following error while i am doing transfer by using t-code F-02.
    "Quote
    Balancing field "Profit Center" in line item 001 not filled
    Message no. GLT2201
    Diagnosis
    The field Profit Center marked as balancing is not filled with any value in line item 001, even after document splitting.
    System Response
    The document cannot be posted.
    Procedure
    First check your entries.
    Additional causes could be:
    u2022 No value can be derived for this field from the current document data.
    u2022 You have entered a document type that is not designed for this business purpose.
    Procedure for System Administration
    Customizing
    Unquote"
    Where do you thing the mistake is and what i have to do? Please resolve my problem.
    Thanks advance,
    Best Regards.
    Ripon Kumar Paul

    Hi
    Balance Sheet Accounts are required to be split in case you have document splitting activated u2026.. and in your case the profit center is made mandatory for the documents to get splitted u2026.. and the profit center would be derived from cost centeru2026u2026u2026. therefore to split the document by using document type u2013 SA through F-02 we need to do further settings, i.e., you need to configure u201CExtended Document Splitting Configurationu201D
    For example: Rent expenditure is been posted which is having more than 2 Debits and consisting of different Cost Centers and posting to Rent Payable A/c which is a Balance sheet A/cu2026u2026.
    Path: Financial Accounting (New) - - General Ledger Accounting (New) - - Business Transactions - - Document Splitting - - Extended Document Splitting -- Define Document Splitting Rule
    Define your Business Transaction variant and for that variant define document splitting rule u2026u2026u2026.. where in you need to activate Automatically split check box for the desired categories.
    Regards,
    Sathish

  • Post Goods Issue Accounting Entry & Profit Center Updation???

    Dear All,
    At the time of Post Goods issue it generates an accountng entry.
    we are getting an error related to Profit center.
    we maintained profit center in the sales order. and please clarify me can we create cost element for COGS account which hits at this level.
    I am getting the following errror.
    Balancing field "Profit Center" in line item 001 not filled
    Message no. GLT2201
    Diagnosis
    The field Profit Center marked as balancing is not filled with any value in line item 001, even after document splitting.
    System Response
    The document cannot be posted.
    Procedure
    First check your entries.
    Additional causes could be:
    No value can be derived for this field from the current document data.
    You have entered a document type that is not designed for this business purpose.
    Procedure for System Administration
    Customizing
    But we need profit cener wise balance sheet.
    so please guide me.
    regards,
    shashi kanth.

    If you define document splitting criteria based on Profit Center and if your document contains multiple line items with different profit center, this type of error will come.
    To check this, Go to IMG Path -- Financial Accounting (New) --> General Ledger Accounting (New) --> Document Splitting --> Define Document Splitting Characteristics for General Ledger
    There check whether the mandatory check box is selected for profit Center.  So check in your delivery document, whether any line item does not have profit center.
    You can also have a look at any of the following notes
    a)  995055
    b)  1074689
    c)  1079819
    thanks
    G. Lakshmipathi

  • Balancing field "Profit Center" in line item 001 not filled in f-90

    Dear Experts
    the below error is comming at the time of procuring the assets with vendor in t code f-90
    Balancing field "Profit Center" in line item 001 not filled
    Message no. GLT2201
    Diagnosis
    The field Profit Center marked as balancing is not filled with any value in line item 001, even after document splitting.
    System Response
    The document cannot be posted.
    Procedure
    First check your entries.
    Additional causes could be:
    No value can be derived for this field from the current document data.
    You have entered a document type that is not designed for this business purpose.
    Procedure for System Administration
    Customizing
    Kndly help me on this
    regards
    venkataswamy

    Hi,
    1. Check the asset Master whether Cost center is assigned to asset.
    2. In Cost center profit center should be assigned.
    3. Specify Account Assignment Types for Account Assignment Object (ACSET)
    SPRO → financial accounting → asset accounting → integration with the general ledger accounts →
    Additional Account assignment Objects → Specify Account Assignment Types for Account Assignment Object.
    You can make a generic entry, using an asterisk (*), for the transaction type. The system then uses the
    account assignment type you entered for all transaction types for that account assignment object.
    Do the same for all depreciation area then from asset master cost center will flow to accounting document
    and form cost center profit center will get derived.
    Regards,
    Rohidas Shinde

  • Balancing field "Profit Center" in line item 001 not filled T Code:J1IEX

    Hello Exerts,
    I am doing T Code:J1IEX
    I am getting this error,i had check document Splitting Configuration,but i am unable to fine the cause can any body help to solved this error.
    Balancing field "Profit Center" in line item 001 not filled
    Message no. GLT2201
    Diagnosis
    The field Profit Center marked as balancing is not filled with any value in line item 001, even after document splitting.
    System Response
    The document cannot be posted.
    Procedure
    First check your entries.
    Additional causes could be:
    No value can be derived for this field from the current document data.
    You have entered a document type that is not designed for this business purpose.
    Procedure for System Administration
    Customizing
    Warm Regards,
    Jemes

    Hi Experts,
    I am doing this activity what you had suggest me.
    spro>Fin acc new> Gl new> Bus transactions> doc splitting>extended doc splitting>define doc splitting rule.
    here against method - 0000000012 - transaction - 0300variant 0001/method - 0000000012 - transaction - 0300variant 0002
    This is actual configuration.
    0000000012
    0300       Vendor invoice
    0001       Standard
    And this is what you had suggest
    0000000012
    0300       Vendor invoice
    0002       Standard (or there is no 0002 entry)
    But SAP System gives error
    Entry 0300 0002  does not exist in T8G031 (check entry)
    Message no. 00058
    Diagnosis
    Input values must be defined in Table T8G031. The value or values '0300 0002 ' are not specified in this table.
    Procedure
    Check whether the input is correct and correct if necessary.
    Procedure for System Administration
    If this is not an incorrect entry, check the system settings and change them if necessary.
    If there is a connection to the Customizing system, you can maintain the system settings by choosing Customizing in the Performance Assistant or Maintain Entries (F5) when displaying the help in a modal dialog box.
    if i am wrong please let me correct.
    waiting for reply.
    Regards,
    Jemes

  • Relation Between Dummy Profit Center and Posting Keys.

    Hello Gurus,
    It will be a valuable feed back for below mentioned Scenario.
    One of our client is on SAP Version 4.7 and New GL is not activated. In COCD one Customer Invoice entry is booked as below.
    PK     Account           Amount      Profit Center
    01     SURXXX1            100.00         ABCD
    50     REVENUE A/c      50.00         ABCD
    50     ENT TAX               20.00         ABCD
    50     SERVICE TAX       30.00         ABCD
    After running t codes 1KEK, F.5D, and KE5T for customer line item system picks same profit center as mentioned in other line items i.e ABCD.
    But when we reverse the above document system picks DUMMY Profit center instead of ABCD. 
    PK     Account           Amount      Profit Center
    12     SURXXX1            100.00         DUMMY
    40     REVENUE A/c      50.00         ABCD
    40     ENT TAX               20.00         ABCD
    40     SERVICE TAX       30.00         ABCD
    Basically we have checked field status variant for Posting Key 01 and 12 in which Profit Center field is Required and field status for profit center for reconciliation account is also required. This is unusual behavior which we are facing right now.
    Regards,
    Ajinkya Ahire 

    Profit Center :
    A profit center is a management-oriented organizational unit used for internal controlling purposes. Dividing your company up into profit centers allows you to analyze areas of responsibility and to delegate responsibility to decentralized units, thus treating them as "companies within the company". EC-PCA lets you set up your profit centers according to product (product lines, divisions), geographical areas (regions, offices or production sites) or function (production, sales).
    Profit Center Accounting (PCA) allows you to calculate internal measurements of profitability. This internal view of profitability, then, reflects the success of a given profit center at meeting the profitability goal for which it was given responsibility.
    Cost Center :
    The cost center is an organizational unit in a controlling area. Cost centers can be defined according to several different design approaches. A typical approach could be for an enterprise to define a cost center for each low-level organizational unit that has responsibility for managing costs. As costs are incurred, they are assigned or posted to the appropriate cost center. These costs could include payroll costs, rent and utility costs, or any other costs assignable to a given cost center.
    Each cost center is assigned to a category, e.g. Administration cost center, production cost center, etc. Each cost center master record has a field for the name of the person responsible for the cost center.
    For detailed information go thru the below article
    https://wiki.sdn.sap.com/wiki/display/ERPFI/BasicConceptsof+Controlling
    Hope this helps.
    Cheers,
    Srinath.

  • Profit center n account group

    How to find Profit center n account group of a customer

    Account Group : XD02/XD03 -> Extras -> Administrative data

  • Cost center report,Profit center report

    Dear Experts,
                         Pls tell me what are the reports availble in  ecc6 for cost center & profit center. Pls give T.Code for report.
    In general for controlling reports are standard or we have to customise the report.
    Thanks in advance
    regards
    avudaiappan

    Dear Avudaiappan,
    Cost Center:
    KSB9      -           Planning Report: Cost Centers
    PC00_MNA_CC_MAN   -   Cost Center Report - Manager
    OKB6                 Generate Cost Center Acctg. Reports
    OKR6                 Change Report List for Cost Centers
    PC00_MNA_CC_ADM      Cost Center Report - Administrator
    Profit Center:
    S_ALR_87009734       Profit Center Report: 2 Versions
    S_ALR_87010786       Profit Center Report            
    S_ALR_87011787       Profit Center Report            
    S_ALR_87013957       Profit Center Report: 2 Versions
    Regards,
    Naveen.

  • Profit center assignment to material

    Hi!
    I have divided my profit center hierarchy in such a way - that I could easily prepare a COS profit and loss statement using them. Basically I have such profit centers like:
    - Profit on sale of Goods
    - Profit on sale of Materials
    - Profit on sale of Service
    - Costs of Production
    - Other costs of sales
    - Costs of Administration
    As you can see I didn't reflect in this hierarchy an organization structure.
    I was wondering which profit center could be used for Material master assignment... Maybe you could help me - cause I didn't have much in common with MM before.
    I know that for sales order there has to be assigned one of:
    - Profit on sale of Goods
    - Profit on sale of Materials
    - Profit on sale of Service
    But I don't know whether it is OK to use them for materials master assignment. Can you suggest me some solution?
    Best wishes,
    Karol

    Hi,
    I think you can assign the following:
    Costs of Production
    Profit on sale of Materials
    Hope this helps.
    Please assign points as a way to say thanks.
    Regards,

  • Profit center experts - Please give me idea

    Hi friends
    In profit center accounting is it possible to see profits with out HR module -?
    The reason I am asking -
    Any company make profits after all expenses .
    If any copmany hs 100 employees. they need to subtract 100 employees salraries from the over all revenue.
    So really profit cneter  can handle this.
    Or just profits from the other scenarios- ?
    Can any body give me idea in Big scope -?
    Thnaks
    Kris

    Hi Kris,
    Both Profit Center and Profitability Analysis have their own way of analysis.  While Profit Center compares the
    plan and actual values between two comparison periods and which of the profit centers are more viable
    for the company, Profitability Analysis is a three dimensional model spreading your horizon to analyse
    for example, for a particular product, which sales area is earning more revenue and through which
    distribution channel or through with customer segment. The difference between Profit and Profitability.
    Many of the companies have their own heirarchy of mapping the Profit Centers.  They form a Profit Center Group,
    say, Production Profit Center Group consisting of all the Work Centers defined as profit Centers, Sales Profit Center
    Group with all the Sales Areas defined as Profit Centers, Administrative Group consisting of head office and
    corporate offices etc.
    Best Regards,
    Sadashivan

  • Message no GLT2201 Balancing field "Profit Center" error F-30 but OK F-32

    Hi Experts,
    I am facing a problem following:
    The same customer, the same document type (AB), the sam vachour.
    By T-code F-32, it works fine, however, by T-code F-30 (and F-04, FB05), system will pop up a error message following:
    Balancing field "Profit Center" in line item 001 not filled
    Message no. GLT2201
    Diagnosis
    The field Profit Center marked as balancing is not filled with any value in line item 001, even after document splitting.
    System Response
    The document cannot be posted.
    Procedure
    First check your entries.
    Additional causes could be:
    No value can be derived for this field from the current document data.
    You have entered a document type that is not designed for this business purpose.
    Procedure for System Administration
    Customizing
    For by F-32 and by F-30, the business transactions are different:
    F-32:  Business Transaction     1010
    F-30:  Business Transaction     0000
    following information is the same:
    Business Transaction Variant     0001
    Zero Balance Method     P
    Splitting Method     0000000012
    One thing made me confused more. i did  a testing in additional one sandbox client where the line item 001 was assigned to be dummy profit center. I don't know why the dummy profit center would be assigned.
    Do much appreciate you if you could kindly help me out from this problem.
    Many thanks in advance!
    Regards,
    Fei Shi

    Hi
    Please check the below mentioned steps for Document splitting
    IMG > Financial Accounting (New)  > General Ledger Accounting (New) > Business Transactions > Define Document Splitting Characteristics for General Ledger Accounting
    suggest you to go through the below mentioned links
    Balancing Field "Profit Center" in line item 001 not filled
    Balancing field "profit center" in line item 001 not filled
    GLT2201 - Balancing field profit center in line item 001 not filled
    Balancing field "Profit Center" in line item 001 not filled
    F-51: Balancing field "Profit Center" in line item 001 not filled
    Balancinf field profit center in line item 001 not filled
    Hope this will solve your problem
    Regards
    Praveen P C

  • How to use new cost center field, new profit center field, new account field?

    As I create a new change request of adding new GL account, or that of new cost center, or that of new profit center, I normally enter the new GL code GL01, or new cost center CC01 or profit center code PC01 in "General Data" section on the change requst screen,  these codes (GL01, CC01, PC01) are landed in ECC upon data replication.
    I do see there is another field called "New Account" of GL change request, or "New Cost Center" of CC change request, or "New Profit Center" of PC change requst all of which is under "Administrative Data" section. I have never used it. but I was wondering what the purpose it will serve and how should I use them.
    Please advise,
    Thanks,
    LUO.

    Hi Kiran,
    Thanks for the info. I don't quite understand though. could you tell me more about the usage of each? Why it is used when GL or CC or PC is blocked? Would the new cost center code entered replace old cost center master record?
    Thanks,
    LUO 

  • GR/IR account not shown in profit center report

    Dear all
    I have created GR/IR accont, when there is transaction use these account the profit center is appear, but why when i run profit center line item report there is no posting from GR/IR and in S_ALR_87009722 report .there is no posting from GR/IR  new Account but the old account is appear?
    in old GR/IR account i dont thick the open item management, but ini new account i have thick open item management.
    Regards
    Adit

    Hi Aditya
    Your question is not clear...
    1. Did you assign new GR/IR account in OBYC - WRX?
    2. Which PCA you use . New GL PCA or Classical PCA?
    3. If you use Classical PCA, then GR/IR line item wont appear in PCA reports.. You need to run T codes 1KE* at period end
    Regards
    Ajay M

  • How to look at a report for Profit Center ?

    Dear All ,
    Good Morning ,
                                   I need a report which can show a details of posting for all types  of doc. types for ex. ---> " DZ " = Payment from customer , " AB " = Adjustment .Here User's requirement is to see the posting made for these different doc types in a profit center.Is there ne t. code for this ?
    regards
    sap11
    Edited by: sap11 on Jun 26, 2008 10:40 AM

    Hello,
    I think there is no standard report in SAP as per your req.
    You have to make some modification in SAP with the help of ABAP team .
    Your requirement is like to FBO3 to display the documents,you have to add the one selection criteria in  general section in T code FB03 the extra selection criteria would be profit center as per your requirement.
    Hope it will helps you.
    Regards
    Ravi

  • Error While deleting the Profit Center

    Hi I am getting the below error while  deleting the Profit center. Please help me how to fix this issue...
    Profit center Scenario was activated in New GL Accounting
    what configurations do i need to change to fix this error? Kindly advise me..
    Thanks
    Kishore

    Dear,
    while deleting  the profit center we have to requrie follow the steps
    1) OBR1 - Reset Transaction data
    2)OBR2 - Reset the master data
    3)OKKS - Set Controlling Area
    4)OKC3 - Delete Transcation Data
    5) KL14 - Delete Activity Types
    6)OKE5 - Profit center De - Active
    7)OKE1 - Profit center Transcation data delete
    8)OKE2 - profit center delete
    if if you follow above steps easily we can make the delete the profitcenter and we donot have to activate profitcenter
    i hope solve you r problem
    With regards /G chandu

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