Profit center for payroll on balance sheet accounts
Hi all,
Is there any way to get the payroll transactions to populate profit center on the G/L postings to balance sheet accounts.
Thanks in advance
Sunita
Hello
Like FI field status groups, where we can manage screen field control, there are field status groups for movement types.
So in MM check FSG for these movement types and make them optional. It is somewhere in IMG in MM.
Hope you would get values.
Reg
assign points if useful
Similar Messages
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Transfer normal balance sheet accounts to PCA
Hi All,
Following 4 T-codes are available for transfer of balance sheet accounts from FI to PCA
1KEH EC-PCA: Transfer Material Stocks
1KEI EC-PCA: Transfer Assets
1KEJ EC-PCA: Transfer Work in Process
1KEK EC-PCA: Transfer Payables/Receivables
How do i transfer any other balance sheet account to PCA [other than through Default Profit Center (3keh)]
Regards,
Shridhar.Hi Daniela, hi All, because this is my first posting I would like to introduce myself. I'm working with SAP since 1996, I'm certified FI and CO. I used to work as a consultant for six years and now I'm Inhouse SAP with Gerresheimer. http://www.gerresheimer.de/en/home.html
We are supporting our people around the world and also we are putting in new SAP systems in our organisation. Currently we have three different clients world wide, with different organizational levels. We are on SAP ECC 6.0 however not using the new GL yet.
So far so good ;-)..
===========
We are currently in the US trying to switch on balance sheet accounting for PCA due to business unit requirements.
We've got:
- Assets
- Material
- AP and AR
working! All with periodic transfer which we found more stable then online. When created the opening balances did match for AP and assets to FI and AR and material were just a little bit of, that was great.
Now we are running into the problem with all the other balance sheet accounts and still we are reading documentation, OSS Notes and all kind of stuff, but still we have problems. The issues are:
- Do we have to assign every account in 3KEH which is not covered by assets, ap/ar, and material? We tested it with a bank account and it is working, but the table in 3KEH only gives you the option of one PC, plus you can use derivation rule. Ok, there is a user exit but we are not sure about that...
- Why can't we use the profit center which is populated in the balance sheet account? Every BS account has the radio button 'profit center required' for example we have an accrual account in the PC is in there, we can see it, put when we move the FI document over with 1KE8 nothing happens.
- On the other hand we had an account and it was just working the way I described with 1KE8, the document was moved over to PCA.
We are really a little bit confused, since assets, AP/AR and material worked so well, we seem to be blocked on the other accounts and not sure what is the best way to go.
Any response is highly appreciated!
With best regards and all the best,
Thomas
Edited by: Thomas Sablonski on Jul 23, 2008 5:43 PM
Edited by: Thomas Sablonski on Jul 23, 2008 5:46 PM
======================================
We have got it working 100% looks nice...
basically the answer :
'- Do we have to assign every account in 3KEH which is not covered by assets, ap/ar, and material? '
is YES.
Thanks and regards,
Thomas
Edited by: Thomas Sablonski on Jul 24, 2008 11:40 PM -
Report to retrieve balance sheet accounts in foreign and local currencies?
Hello,
I have question regarding the availability of a report in SAP. I am wondering if a report exists in SAP to retrieve the total outstanding balances on any given date for all the balance sheet accounts (including GRIR trade) in both functional and foreign currency.
I am currently using the FAGLL03 to do this but the problem is that this report is timing out when I select too many accounts.
Does anyone know if such a report exists in SAP (besides the FAGLL03 which takes too long to run)?
Thanks in advance for your answer.Hi
A quick way is to run FAGLL03 in the background as a scheduled job.
Regards
Sanil Bhandari -
Default Profit center for balance sheet account
Dear All
I've problem when i display accounting document in billing, there is no profit center information in GL account VAT,since document spliting is not activated,so I maintain default profit center for balance sheet account (3KEH),.
can anybody tell me why this problem raised? where that i have missed the configuration?
Thanks And Regards
AditHi Vijay,
Good day!
I would like to seek your advice regarding the default profit center for Balance Sheet Account:
We have this issue that BS account defualted to a certain profit center: I have done several testings but still cannot find why the BS account defaulted to the profit center
1. I have checked the FAGLBK3EH and the BS account in which PC defaulted is not maintained in this tcode.
2. also check the OBBH and the document does not contain any cost object wherein a profit center can be derived. also checked substitution, either both of this code does not defines the profit center im searching for.
Can you please advice some directions where to check and why certain profit center defaulted to balance sheet account.
Your advice is greatly appreciated.
Janice -
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,
JulienHI,
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. -
Post balance sheet account to profit center accouting
Hi.experts.
I want to post some blance sheet accounts to profit center accounting,these account include material stock,wip. what should I do?
thanks in advance.
FanntHello
Balance sheet items can be transferred periodically or online in realtime
You can transfer the following balance sheet items to Profit Center Accounting in the standard SAP system at end of period:
Payables and receivables
Material stocks
Assets
Work in process
This can be done in period closing activities for AR/AP
The assignment of payables and receivables to various profit centers is basically derived from the offsetting entry line of the FI document to which they belong. It is not possible to make structural changes to them within Profit Center Accounting. If, for example, you assign a new profit center to a material, or change the derivation rules when creating sales orders, these actions do not affect the assignments of documents which have already been posted.
The payables and receivables to be divided are calculated in FI at the end of the period. To do so, call up the SAP Easy Access screen and choose Accounting ® Financial Accounting ® General Ledger ® Periodic Tasks ® Closing ® Regroup ® Debit Balance Sheet Account Subsequently.
Enter the company codes for which you want to perform the calculation. For these company codes, the payables and receivables are divided according to profit center and business area. The results are then saved.
You can now transfer the data to Profit Center Accounting. Do not choose the next menu option Post B/S readjustment n Financial Accounting. Instead, transfer the data in the Profit Center Accounting application menu, under Actual Postings ® Period Closing ® Transfer Payables/Receivables
You obtain a list of all the company codes in the active controlling area. Select the desired company codes and the period and fiscal year which you want to transfer to Profit Center Accounting.
The system then posts the payables and receivables to Profit Center Accounting under the reconciliation accounts of the general ledger. No FI documents are created in the process
You can call up the function for transferring material stocks in Profit Center Accounting Customizing, under Actual Postings ® Transfer Selected Balance Sheet Items ® Set Up Material Stocks.
The selection screen provides you with the choice of all company codes within the active controlling area. Select the period to be transferred. The current period is always based on the status of Materials Management. Normally, the data from the previous period is transferred.
You access the transfer function by choosing the following path from the Customizing menu for Profit Center Accounting: Actual postings ® Transferring selected balance sheet items ® Generate opening balance for work in process.
The selection screen provides you with the choice of all company codes within the active controlling area. You also enter the period and fiscal year.
You generally work with the standard results analysis version 0. Should you wish to use a different results analysis version, note that this must be set up in CO Customizing for updating in Financial Accounting, as the corresponding account determination is required.
The program transfers all changes in work in process within a single period. When running this function for the first time with a given controlling area, please select the field Create opening balance. The system then posts the opening balance to the start period. You can also post the opening balance to period 01 at fiscal year change, so avoiding having to carry the balance forward.
You access the transfer program by selecting Actual postings ® Transferring selected balance sheet items ® Generate opening balance for assets in Customizing for Profit Center Accounting.
The selection screen provides you with the choice of all company codes within the active controlling area. The depreciation area book depreciation per trade law (01) is provided as a default. You also select the posting period and the fiscal year.
You should run the program in the background, as large amounts of data are normally selected. If you select the field Line item, a line item will be created for each asset in Profit Center Accounting. When handling a large volume of data, you should only use this option for test purposes.
The system assigns assets to profit centers indirectly, via assigned internal orders or cost centers (see Assigning Assets). The program transfers the acquisition and product costs, as well as cumulated value adjustments. The accounts used for this transfer are taken from account determination for Asset Accounting.
Note that it is only possible to calculate key figures (such as Return on Investment) in Profit Center Accounting correctly if an indirect statement of assets and depreciations is made in Financial Accounting
Reg
*assign points if useful -
Depriciation Posting happens to Default Profit Center for Balance Sheet Act
Dear Experts,
I am facing problem in SAP where when I run Depriciation for Co Code B the system is picking up Default Profit Center for Balance Sheet Account GL Account while it is picking up proper Profit Center for P&L GL Account from Asset Master in the Depriciation Document AF.
Can you please advice what exactly customization to i need to check since Depriciation for Co Code A is happening properly for CO CODE A.for P&L and B/S GL Account.
Regards,
RahulHi Rahul,
When you want to have the profit center in your balance sheet account you should make the field cost center optional in the field status group from your asset reconciliation accounts.
The system need this to determinate the profit center (no cost center is filled in) -
Profit center charge to balance sheet account
Hi SAP experts,
I would like to seeking for professional advice on is below business process require to use MM module?
Currently my customer is using MB1B (material transfer) to make an posting to balance sheet account (100) and in MB1B screen there was a column to assign profit center (P1).
So the accounting document will be DR 100(g/l) & CR 110(g/l) and charge to P1(profit center)
When customer go to view on KE80, will show the amount transfer charge to cost element 400
When i go to view line item display for g/l 100, i didn't see got any profit center is assign to as i know that balance sheet account not require to charge cost object (customer is not in SAP 5.0)
Now i would like to ask is there any possible, i can post a profit center(P1) to balance sheet account(100) and charge to other cost element (400) without using MB1B? only use manual general ledger accounting posting (FB01)
Note: customer is not in ECC6
Thanks
regards,
ng chong chuanHi,
I'm not an expert in Cost accounting at all. from my own experience I know, that some of P&L accounts might be relevant to Cost accounting and in this case you need to make appropriate settings in the following node for Treasury: Treasury and Risk Management -> Transaction Manager -> General Settings -> Accounting -> Link to Other Accounting Components -> Allocate Additional Account Assignments to Account Assignment References.
I guess in your case it is only Interest Income account relevant for Cost center, you can check it by clicking on field Reference key in standard report TPM20 and you should be referred to window with several documents, including Cost accounting document. As far as I remember, Cost accounting document might consist of just one line item.
hope this will help you.
Rgds,
Renatas -
Message no FH017 Open item management only allowed for balance sheet accounts
Dear All,
i try to change one Balance Sheet account to P&L Account. However i failed changing the account.
it pops up the error Message no FH017.
For this error, i have already untick the Open Item Management
Can anyone help me on this? Very appreciated on this!
Cheers
JillAslo see help on open Item managed field by pressing f1
Indicator: Open Item Management?
Determines that open items are managed for this account.
Use
Items posted to accounts managed on an open item basis are marked as open or cleared. The balance of these accounts is always equal to the balance of the open items.
Procedure
Set up accounts with open item management if offsetting entries are to be assigned to the postings made to these accounts. Postings to these accounts represent incomplete transactions.
Example:
A goods receipt/invoice receipt (GR/IR) clearing account should be managed on an open item basis so that you can check at any time whether invoices have been received for the goods received for an order.
Set up accounts without open item management if no offsetting entry is to be made against a posting to this account.
Examples
Accounts that are managed on an open item basis include:
Clearing accounts:
Bank clearing account
Payroll clearing account
Cash discount clearing account
GR/IR clearing account
Accounts that are not managed on an open item basis:
Bank accounts
Tax accounts
Raw material accounts
Reconciliation accountsThese are managed implicitly using the subledger open item function.Profit and loss accounts
Materials Management (MM) accounts posted with a posting key that has account type 'M' -
PCA report for balance sheet accounts
Hi,
i have assigned Profit Center in Material.
So the Cunsumption account hit the Profit center.
If i see the GL document profit center assigned at line item, but i couldnot able to view the PCA report for Balance sheet account
Can you please help.
Thanks,
SudhaHi Wamman,
We are in ECC 6 and New GL is not activated.
Clssic PCA maintained PC in 3KEH.
Assigned PC in Material Master consumption entry Consumption (P&L) to Inventory (B/S)
Consumption (P&L) updated with Profit center and PCA document created
Inventory (B/S) line updated with Profit center but PCA document was not created.
Kindly help
Thanks,
sudh -
Upload plan data for balance sheet accounts
Hi Experts,
Is there a way to upload plan data for balance sheet accounts? I can upload revenue/cos and expenses through the profit center and cost center uploading but need to upload balance sheet accounts as well. Any help would be much appreciated. Thank you.Loading balance sheet accounts using the Excel load to profit center tells me that I selected balance sheet accounts that cannot be entered manually. Not sure what this means... if I have an accounts receivable account, how would I find another equivalent account?
-
PCA-MIRO: Porfit center on balance sheet accounts
Dear Experts,
I face the following issue:
During invoice verification (MIRO) the profit center which was mentioned in the Purchase Order (the profit center to be assigned on P&L account during Goods Receipt and, if applicable, during invoice verification on the P&L account in case of differences) is assigned on the GR/IR balance sheet account in despite of balance sheet accounts are not transferred to PCA.
It is an issue because it multiplies the number of line items during invoice verification (one line item for each profit center). Due to that, substitution would not be an solution since it will erase the profit center but not concatenate line items. Field status group of my GL account set the profit center field as "suppressed". MM field status group cannot be changed since the profit center is useful for the P&L account.
I believe the solution should be in MM and line item summarization, but I cannot succeed.
Please, could you support me?
Many thanks in general for this forum and in advance for your help,
King regards, Gregory.Hello
Like FI field status groups, where we can manage screen field control, there are field status groups for movement types.
So in MM check FSG for these movement types and make them optional. It is somewhere in IMG in MM.
Hope you would get values.
Reg
assign points if useful -
Default Profit Center for Retained Earnings Account
Hi,
We wish to default a profit center for our retained earnings account. Currently, the system carries forward P/L balance to Retained Earnings Account Profit Center wise.
Kindly advise on how we can default a particular PC for retained earnings account. Also in case it is possble, does the system balance the PC wise trial balance by changing balances in Inter PC Balancing account (Zero Balance Clearing)?
Thanks!Dear,
You can default through 3KEH in classic GL and through FAGL3KEH in New GL
Br, Vivek -
Balance Sheet Account saved as Profit and Loss Account now wants to rectify
Dear All,
Balance Sheet account wrongly created as profit and loss account, and it contains some entries in previous year and current year as well.
Now we want to rectify that error i.e. we would like to change the profit and loss account as balance sheet account (which is to be as Balance Sheet A/c.).
There is a program which is exclusively available for the same which converts profit and loss account to balance sheet account. If you know pl. let me know.
Waiting for your early response and thanks in advance.
Regards
anand.inguvaHi ,
earliar also i have given same quation replay, possiblity is there for change GL account type.
When you tray to can change to Balance sheet account from FS00 screen u can get following error message
"Cannot change control of Profit and lossaccount (primary cost elements exist)
"The data contains error, you cannot save"
and if u open that message u can get the following message no.
"The data contains error, you cannot save
Message no. FH511"
it can not be save. so u comeback from fs00 screen
go to OBA5 and give the application are FH and enter, after that select new entries, select the drop down button select your message 511, in online column select W for warning and save.
then u can get the change.
please ensure that if you have not completed the year ending closing procedure the above shoul do..
but your case last year also some entries thre in that particular GL account, so u can not do the above method.
You cannot change the account type.
you need to block that gl account and crete a new GL
pass journals entries to transfer from old p&l gl account to new b/s account
please try it and come back me
assign points if it is useful,
If u find the solution close the issue and assign points.
thanks
sai Krishna -
Budget Control for Balance Sheet Accounts
Hi All,
How can we manage budgets for Balance sheet Accounts such as Fixed Assets, IT Infrastructure, Capital Work in progress etc.,
Thanks,
SrikanthHi Mr Vemuri,
The acount will appear in the budget setup if you go to:
Financials -> Chart of Accounts -> Select the account -> 'Account Details' -> check the box 'Relevant to Budget'.
By default only Profit and Loss accounts are included in the budget setup.
I tested this in:
2005B
2005A SP01
2007A
I hope this helps.
Regards,
Jesper
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