PROFIT CENTER BALANCING
Hi,
Our profit centers are defined as balancing entities,and we are to generate trial balance and other financial statements per profit center.
Whenever a transaction that debits PC a and credits PC b is done neither profit center A nor B would balance because both PCs contain a single leg of the complete transaction thereby creating unbalanced trial balance for each profit center.
Is there a standard way by which sap handles such balancing entities ? and how can i go about it ?
Regards
Hi
In the scenario you have mentioned you can use PROFIT CENTER Clearing A/c concept. As and when two or more different profit centers are derived system will automatically post internally to PROFIT CENTER Clearing A/c. Let us take that you are passing the following entry.
Courier Charges A/c Dr 1000 101009
Rent A/c Dr 2000 101015
Payable A/c Cr 3000 101015
Since two different profit centers are getting you cannot draw TB for 101009 or 101015.
In this scenario system pass entry like this.
Courier Charges A/c Dr 1000 101009
Rent A/c Dr 2000 101015
Payable A/c Cr 3000 101015
PRCTR Clrg A/c Cr 1000 101009
PRCTR Clrg A/c Dr 1000 101015
Now the balance is zero at 101015 and 101009. this PRCTR clrg a/c is zero at company code level. Like this you can draw TB at any given point of time online by using PRCTR clrg a/c.
Hope this clarify your doubt.
All the best
Regards
Brahmam
Similar Messages
-
Profit center balance carry forward
Hi,
If i post any profit center documents after i do the balance carry forward for the profit center balance sheet accounts to the new fiscal year, will the system update the opening balance of the new fiscal year automatically or i have to re-run the balance carry forward again to update the opening balances?Hello,
You can run 2KES any time. Rerun the same before closing the previous year postings in PCA.
Regards,
Ravi -
Hi
How to reverse profit center balances.
Regds,
Sannari
Moderator: Please, read the rules of this forumHi, what do you mean?
-
Carry forward profit center balance- 2KES & 2KET
Hi,
can any one pls specify the difference betweem 2KES & 2KET relating to profit center balances carry forward, and also path for 2KET.
thank you.Hi
2KET specifies whether the balances can be carried forward or not in PCA.Balance C/F is optional in PCA so if you decide of C/F the balance we first need to select C/F allowed radio button in 2KET.After this is done we need to execute 2KES to actually C/F the balances
Path for 2KET is SPRO>Controlling>Profit center accounting>basic settings>balance Carry forward-->Allow balance to be carried forward.
Regards
Sandy -
Profit Center Balancing error while posting MIRO
While I am passing a MIRO for a Service PO which has a WBS element as a cost object, facing a Doc Split Error u201C Balancing field profit center in the line item 001 not filled"
Service Entry was correctly posted and the Accounting Entry for it is :
1) Exp A/c Dr 100/- Profit Ctr 123
2) To GRIR Clearing A/c Cr 100/- Profit Ctr 123
You may note that the Vendor has a withholding tax code activated for invoice booking in the master and TDS is applicable in this case. VAT deduction is also applicable in this. Profit Center 786 was defaulted for the TDS Payable A/c using the T Code FAGL3KEH.
While simulating the MIRO after the above service entry sheet , I am getting the below accounting entry:
1) Vendor Cr 86/- Profit Ctr Blank
2) GRIR Clearing A/c Dr 100/- Profit Ctr 123
3) VAT Input Credit Dr 6/- Profit Ctr Blank
4) TDS Payable A/c Cr 20/- Profit Ctr 786
But the error is since the vendor line item is not getting filled with the profit center and hence the MIRO is not getting posted.
I know that this is definitely a splitting rule error but I am not sure in which split rule I should change the configuration.
Can any one please guide me since the requirement is very urgentt and critical.
Thanks a lot in advance.
GeminiHi Tarek
I have checked the following in my system :
1) Document Type RE which is being used for MIRO and the classficiation
the same in of this document type is : Business Transaction 0300 (Vendor Invoice) and Variant
is 0001 (Standard)
2) Document Split Method used in our system is 0000000012 and not a Z.......
3) Document Splitting Rules for the above combination of Vendor Invoice (0300) and Transaction Variant 0001
Profit Center is not being filled in the line item 001, which is the vendor one.
I have checked the base item category of 03000 (Vendor) and I found the following in it :
01000 Balance Sheet Account
01100 Company Code Clearing
01300 Cash Discount Clearing
05100 Taxes on Sales/Purchases
05200 Withholding Tax
06000 Material
07000 Fixed Assets
20000 Expense
30000 Revenue
But you may note that none of the above items are being checked for Automatically Split box.
Can you please advise further on this issue. Also can you provide your contact number so that I can call you since the issue is very critical in the production system.
Regards
Gemini -
Profit center Balance sheet report
Hi,
When I run PCA B/S report, S_ALR_87013336 - Profit Center Group: Balance Sheet Accounts Plan/Actual/Variance, it shows the balance sheet accounts + P&L accounts with zero values. It even shows the secondary cost elements with zero values.
Is there any way we could hide the P&L and secondary cost elements, or populate these with their respective values?
Thanks,
RamHI Ram.
Which version you are using? If you are using 6.0 version and using docment splitting functionality then system posts the transactions in FAGLFLEXT & FAGLFLEXA tables. Then in that case old transaction codes will not work. There is a customization setting, wherein you can write the data to classic ledgers also.
Hope this will solve your problem. Assign points as way of thanks.
Thanks
Dasa -
Profit Center Balances are not updating in GLPCT/GLPCA
Hi,
I have posted some FI documents using with Profit Centers, which balances neither updating in profit center tables nor appearing in profit center line item reports. we are using classical GL with ECC6.
Can you pease advise any body, thanks in advance!!
Regards
VSRAOHi,
are they balance sheet accounts or P&L Statement accounts?
Please note, that , the system will not create any PCA document for balance sheet account even if you enter the profit center directly in the balance sheet line item. This is only possible if there exists a default profit center assigned to the balance sheet account in 3KEH.
Regards,
Greta -
Customer balance display shows different balance than Profit center balance
Dear All
Customer balance display shows different balance than
Customer balance with profit center.
Adivse us for the same.
ViralHi
Please run 1KEK and then check the balances.
payables and receivables cannot be transferred to Profit Center Accounting online. You must always transfer them periodically.
The purpose of this activity(1KEK) is to:
1. create the opening balances for payables and receivables
2. transfer the balance changes for payables and receivables periodically
Thanks
Prasad -
Profit Center Balancing Field-
Hello SAP Guru's,
I need some help. I have a user attempting to leave a balance on account on a customer account under T-code F-28 using a posting key 06 and is receiving an error message "Balancing field Profit Center in line not filled". When I reviewed the line, there is no profit center field much less one to put anywhere.
What can I do to correct this error?
Thanks!
POINTS AWARDEDXXXXXX
Message was edited by:
Sivakumar Gopalakrishnan -
Dear Gurus
My actual vendor open item is Rs. 38878 my cheque amount is 38877 so balance Rs. 1 is automatcally goes to sundry balance written off account ,here sundry balance written off a/c is posted without profit center , my Balance sheet is based on profit center
Here my problem is Rs. 1 is not tally in my balance sheet account , so how can I solve
Regards
SriDear Loong Hin Pang
Thanks For your Reply
I can understand this Default profit center and Substitution Rule ,
here my problem is RS 1 It is not tally in my balance sheet , so how can I solve this issue
Note :But now if I post any entry without profit center system will not accept ,
Regards
SRi -
Profit center balance sheet derivation rules
sap techies,
profit center accounting derivation rules : costs through cost centers
: revenue accounts - OKB9 ( business area)
: balance sheet items - 3KEH (business area)
i have maintain both settings while i am posting documents cost & revenues accounts derives pca automatically ,but balance sheet items are not derives automatically .
is there any additional settings need for balance sheet accounts .
is there any difference between - 3KEH & FAGL3KEHHi
In the IMG Step "Activate Document Splitting", did you tick "Inheritance"
Also, assign FIN_PCA scenario to the ledgers...
Check FAGLL03 for the balance sheet account after posting a transaction once you ensure the above config
br, Ajay M -
How to transfer the profit center balances to dummy profit center
HI SAP Experts,
How do transfer balances of profit center to dummy profit center, please tell me step by step process to do this.
Regards,
PrabhakarBalances Transfer from One Profit Center to Another PC T.Code: 9KE0
Regards,
Viswa -
Profit center balances transfer from old profit centers to new profit cente
Dear All,
My client wants to deactivate all cost centers and profit centers and create new cost centers and new profit centers for new fiscal year 2009.
So here my queries are
1. Putting an end date to the existing cost center and creating the New cost center now itself in the system with effective date as 1st April 09?
I changed validity period in cost center but it does not accept.
2. How to restrict postings to profit center from April, 2009 ? even changed validity period and changed as inactive mode in profit center,
It is allowing postings to profit center.
3. How the balances need to be transferred to New profit centers? I tried in 9KE0 T.code but in this T.code we can transfer profit center and GL A/C wise
but here we have around 20 profit centers and 100 above Gls, so it will take so much of time, so kindly suggest me short way.
4. And When can we transfer balances to New profit centers i.e April 1st or after completions of Audit? because client wants to post pending transactions of 2008 FY
to old profit centers in April and May months. So in this situation how can i proceed?
5. For mapping the Assets & Liabilities balances as on 31st Mar 2009 to New profit center the following need to be provided
A. Profit center wise Trail balance
( For this i suggested S_PL0_86000030 t.code) is this correct?
B. Profit center wise Balances of Subsidiary Ledgers i.e Vendors, Customers & Assets
6. On which date I can close 2008 FY& open 2009 fiscal year for Assets?
Please guide and provide me solutions above my queries.
This would be great help for me, Thanks in advance.
Thanks & Regards,1. You can block cost centers and profit centers and create new or can use same by changing analysis period Eg: KS02 > Edit > Analysis period
2. Select lock indicator in profit center master record
3. Write LSMW to that
6. At the end of you fiscal year close the asset period and do all year end transactions and open new asset period
You can use S_PL0_86000030 check it
Kesh -
Transfer of profit center balances from old profit center to new profit cen
HI,
My client wants to deactivate all cost centers and profit centers and create new cost centers and new profit centers for new fiscal year 2009.
So here my queries are
1. Putting an end date to the existing cost center and creating the New cost center now itself in the system with effective date as 1st April 09?
I changed validity period in cost center but it does not accept.
2. How to restrict postings to profit center from April, 2009 ? even changed validity period and changed as inactive mode in profit center,
It is allowing postings to profit center.
3. How the balances need to be transferred to New profit centers? I tried in 9KE0 T.code but in this T.code we can transfer profit center and GL A/C wise
but here we have around 20 profit centers and 100 above Gls, so it will take so much of time, so kindly suggest me short way.
4. And When can we transfer balances to New profit centers i.e April 1st or after completions of Audit? because client wants to post pending transactions of 2008 FY
to old profit centers in April and May months. So in this situation how can i proceed?
5. For mapping the Assets & Liabilities balances as on 31st Mar 2009 to New profit center the following need to be provided
A. Profit center wise Trail balance
( For this i suggested S_PL0_86000030 t.code) is this correct?
B. Profit center wise Balances of Subsidiary Ledgers i.e Vendors, Customers & Assets
6. On which date I can close 2008 FY& open 2009 fiscal year for Assets?
Please guide and provide me solutions above my queries.
This would be great help for me, Thanks in advance.
Thanks
SupriyaHi
Pls find enclosed the replies
1.Pls tick all the lock indicators. System would not allow the posting to the cost centers
2. for the analysis, maintain the lock indicator to the profit center. System would give an error when anybody tries to post to the profit center during the analysis period. please note system would allow posting to the profit center outside the analysis period of lock indicator
3.You should transfer the balances through LSMW or other mass data transfer tool like BDC or ECATT
4.I Guess you should finish all your transactions and then do the transfer on a date which is acceptable to the business
5. The report code S_Pl0_86000030 is correct.
6. Try the report codes S_ALR_87013343 - Profit Center: Receivables , S_ALR_87013344 - Profit Center: Payables
Regards
Sanil Bhandari -
Profit Center wise balance sheet and Profit and Loss account
Hi Experts,
I will explain my scenario
The is cleint having Head Office for handling procurement of goods for all branches(8) and the physical delivery happens for goods at the requested branch and GR and IR also makin at the branch level.
And we are treated each branch as profit center apart from HO(profit center).But the vendor payment should be happen from HO(prfoit center) so and they are not using automatic payment programme.
My question is
1.While doing the vendor (Branch)payment from Cash/Bank GL (HO) how the balances will be tallied ?
2.If I am using the document splitting and zero balance document clearing will it tally at the profit center level ?
3.At the period end if I will do the 1KEK T Code to transfer the payables to the profit center which profit center system will take for posting ?
Please advice me in this and I will give good points with correct answer.Hi Edukondalu Garu,
Please find answers to your questions below:
1.While doing the vendor (Branch)payment from Cash/Bank GL (HO) how the balances will be tallied ?
Answer: The Profit Center balances will get automatically tallied due to document splitting and Zero balance account being defined properly. The automatically identifies it
2.If I am using the document splitting and zero balance document clearing will it tally at the profit center level ?
Answer: Yes that is the main criteria to get full fledged Balance sheet and P&L account by Profit Center
3.At the period end if I will do the 1KEK T Code to transfer the payables to the profit center which profit center system will take for posting ?
Anwer: With Document Splitting, you don't have to do the period end transaction in PC to transfer the account payables, accouts receivables and fixed assets. The transfer is online and real time basis.
I hope i answered all your questions.
Please feel free to get in touch with me if you need futher clarifications
Best Regards
Surya
Maybe you are looking for
-
I have tried since Chrismas to use my Ipod touch and have not been able to! I have uninstalled and reinstalled itunes more often then I care to admit! I called support and when I found out there is a charge ($59.95) I declined and hung up. I now c
-
What part number for storEdge power cables?
I purchased a used StorEdge cabinet like the one pictured below. [http://imgur.com/kdnNM.png] No cords were included. I'm wondering: 1. What part number is the external power cord? (red circle) 2. What part number(s) fit the internal power connectors
-
Can we have the 'select list with submit' type within a tabular form?
An item can be the "Select list with submit' type so a form has no problem with it. However, when I built a tabular form manually, I couldn't find this type. There are only three types avaiable: "named", "static", and "dynamic". Is it possible to hav
-
Adding Space after ## in description
Hi I have a requirement where for example- Text field has letter as ## in description - material number is ##5This is ok. I have to change the above description as- material number is ## 5This is ok. That is if there is no space after ##
-
Hi all, I have some problems with iPhone 4S wi-fi syncronization. I have followed all the instructions (connected iPhone to pc via USB cable, flagged "syncronize wi-fi" etc. The problem is that only sometimes either the iPhone or the pc decides to co