Profit Center in Costing View

Hi Experts
Can u please tell me what is the effect of Profit center I put in Costing view of material
Thanxs in advance

By puting profit center in costing view system will post all the financial documents related to that material in given profit center only and used to find the profit center wise FSV.
Regards
Prashant Kumar

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Bring profit center and cost center hierarchy from R3 to BW in BI 7.0

Hello,
I need to get the hierarchy from R/3 to BW. Can someone send me a link or mention steps i need to do to bring profit center and cost center hiearchy from R3 to BW.
Thanks
Laura.

As you would for any other infoobject
Activate the business content hierarchy datasources on R3 for cost centre and profit centre
Go into BW - replicate the metadata
Then just connect via transformations or transfer rules the datasources to yoru infosources or master data objects
Create an infopackage per hierarchy!!!!! - press the button available hirachies from OLTP - click the one you want on the left - fire it off
Then repeat new infopackages for all hierachies

WBS list ( profit center wise / Cost Center wise)

Hi All
I have a query on WBS elements, I needed a list of all the WBS elements, Profit center wise & Cost center wise(is it possible to get cost center wise list)..
I am using trans CN43N. Is it the correct report or is there anyother report I need to execute to get the list of WBS elements(profit / Cost centerwise)
Regards
Bala

It s simple to get that using SE16n..
Enter table MARC.. PRCTR is the field for profit cener.. Enter ur prof center and execute..you ll get the list of matreials under the profit center
ALso check ke5z...

RE - Change profit center and cost center after LO activated

Hi ppl, One question. Is there any harm if we change the profit center and cost center of the business entity, building, rental unit only after the lease out has been activated?

No need to change the cost center, as you want to have valid from date as 01.10.2010.
Having profit center before that date is not an issue and does not have any negative impact.
Regards,
SDNer

Functionality of Profit Center and Cost Center

Hi,
I am unable to understand the functionality of Profit center and cost center, I know that cost center represents area within an organization for which you will like to see the expenses for a particular time period. for example in an organisation we have three cos centers Accounts, HR and Admin. whenever you post an accounting document in FI you will specify the cost center to which the expense relates. but in some cases when you post an expense and give the relative cost center the profit center is also driven by the system. why is this behavior? i mean i have posted an expense not an income then why is system driving the profit center as well?
Profit centers are used if you want to see the profit of different area of your organisation. in what kind of postings we use profit center? and if we could use profit center to draw income and loss for a specific area why do we need segment reporting? and what is the difference between Segment and Business area. what i understood from their definition is that they are both same and use for same purpose.
I am totally lost in these concepts. please some one help me out with an example. i am stuck at this point. some one please clarify my concept of Profit Center, Cost Center, Segments and business area please.

Hi,
Cost center & Profit Center are organizational units within the enterprise structure , created for better internal control.
As the name suggests Cost Center is the lowest level of the organizational unit representing a defined location of cost incurrence or otherwise to which you can meaningfully assign the cost(both direct & Indirect).
Profit Center is an organizational unit in accounting ,where management would require to see the profitability & fix the responsibility. It may be each plant/division of the company .
If you consider the Plant is the Profit center, you can take the various deptts in the Plant as cost centers. you can draw a balance sheet & profit & loss account statement at profit center level but this will be for your internal use.From this you can know the ROI on particular area. Profit centers are assigned inside the cost center so when you update cost center, profit centers are updated automatically.
Where as Segments are used for legal reporting of your accounting standard as per IFRS. Both Business Area & Segments are more or less same with some technical difference.
Business area is a free organizational unit. It can be derived through cost center or can be entered manually.
But segment is a dependent organizational unit. It is defined & attached inside the profit center master data. It can’t be entered manually.
SAP suggest to use the Segment concept.
Thanks & regards
Deepak

Assignment of Profit center in cost center

Hello Friends,
What is the significance of assignment of profit center in cost center ? System does not allow me to post activity prices in KP26 without assignment of profit center to cost center. It gives error that
"Profit center 1000/DUMMY_PCA does not exist for 01.04.2009"
How to solve this error with out assignment of profit center in cost center?
Waiting for reply!

Profit Center is an Organizational unit in Accounting that reflects a management-oriented structure of the organization for the purpose of internal control.
Hence its Assignemnt with Cost center should be there for proper assessment of Organisation.
If you do not assign a profit center, the SAP System transfers the data from the dummy profit center defined in configuration for the respective controlling area to Profit Center Accounting.
Therefor proper cost center with Proft center assgined has to be used for Cost center / actvity type planning in KP26.

Assinging Profit center to Cost center - KS02

Hi,
When I assign profit center to Cost center, I am getting following error.
Tran id: KS02
Error message: Check Consistency of field, as transaction data already exists.
Can anyone help me on this ?
Thanks,
Shalini.S

Hi Shalini,
When you try to change the profit center in the cost center master data, the system will issue warning message KS149, but will allow you to make the change.
Rewards me if it useful
Regards
Ravinagh Boni

Mass change of Profit center in Cost collector

Hi
On FERT materials profit center was and i have created cost collectors for all fert materials.
How I can correct mass change of profit center on Cost collector.
ty

Hi,
You can use the MASS transaction code for changing of Profit Center for your FERT Materials.
Sateesh

Profit center and cost center master data upload errors

Hi Sapiens,
Could you please guide me to resolve the below errors in profit center and cost cost center master data upload through LSMW. i am usinng recording method for upload and getting below error while uploading the data from txt file.
1. Valid from and to dates are not converting in DDMMYYYY format, which field type we have to use in field mapping?
2. some of the fields data are overlapping when uploading the data.
3. How to create validation for empty cells data.
thank in advance.
regards,
jagadeesh.

Hi
when you are using LSMW for uploading PC & CC, simple way to correct the Error's WHILE RECORDING The First record, while Creating LSMW, B very care full while entering the details ,bez wht ever Fields your updating ..the same Fields get updated While LSMW Processed.
As mentioned above update the vaild from and to date in wht ever format you want While recording, in the same format all the remaining records gets updated..
Hope the suggections will Help you in solving your Issues.
Thanks
Goutam
Edited by: Goutam78 on Apr 29, 2011 8:59 PM

Profit center vs cost center

Hello Friends,
is profit ctr info needed in cost center planning?
if so, could you advise how profit ctr info is used in cost center planning.
regards
Markus Zambizi

The cost center is assigned to a profit center in master data . You don't need the profit center in cost ctr planning. You would plan your profit centers in PCA planning. There is a function in PCA to transfer plan data to PCA from CCA which makes it much easier.
pls assign points to say thanks.

The extraction of the profit center & the cost center

Hi all,
Can anyone share the extraction document with me regarding the profit center and the cost center? Thank you for help.

Hi,
I hope, These two infoobjects do not have any deviation in the extraction of data to other Infoobjects.You can do population in as usual manner.
Are you getting any difficulty in this process?
With rgds,
Anil Kuamr Sharma .P

Add Profit center to cost collector

Hello SAP Guru
Is it possible to add a profit center to a cost collector which is already is in use.If yes then how ?
Thanks in advance.

I am geeting below warning message .Please suggest me what to do :
You need to change the profit center -> See long text
Message no. KO 372
Diagnosis
You want to change the profit center, although you already made
postings on product cost collector 700270 for the previous profit center.
Procedure
If you wish to change the profit center, you need to settle the
last period, and no more postings should be made after this.
Notes
Order values may already be updated on the assigned profit
center During reassignment, the system only updates the new order values on the
currently assigned profit center.

Hierarchy data(Profit center Hierarchy,Cost element)

Hi every one,
How can i load the hierachy data from R3 to BW?
Please search the forum
Edited by: Pravender on Jul 13, 2010 6:56 PM

Hello Prudhvi,
In SAP R/3, Tcode RSA5. Find appropriate Hierarchy Datasource for Profit center, cost center .
Activate the data source. Once activated you can see this datasource in RSA6 (in Source system itself). There in RSA6 you will be able to test run this data source(also you will be able to see the data for this test run). If you want you can also test this data source in RSA3 also.
Now in BW system: Replicate this data source. create mappings(update rules etc) between this Hierarchy data source and the Hierarchy infoobject.
Now you can create InfoPackage for this Datasource and Schedule it to load Hierarchy data in BW
Hope this helps.
Regards,
Pratap Sone

Change Profit Center in Cost Center

Hi
We have created new profit center and we want to assign this new profit center for the cost center which has already been assigned with some other profit center.
I am geeting the warning message as follows:
Field changes to field Profit Center
lead to complicated tests of the data involved,
which may take some time.
Do you really want to carry out field changes
online? (no = do not carry out the change)
The old cost center was created during 2007. We have 3 years transactions.
Can anybody tell me how to resolve this.
Thanks
SNL
Moderator: Please, search SDN

Hi Latha,
What he meant is use the create t code and use new analysis period but still using the same cost centre number.
This way, it will create a new version of this cost centre with new analysis period. All the work centre or HR assignment wont be affected.
However, current open cost will be affects your profit centre report later on. SAP gave that message because they not advising ppl to change assignment of the profit centre in cost centre after the cost centre has been used. The proper way to change the assignment is to transfer out every open transaction of the cost to a dummy profit centre, then transfer it back after you have change the assignment of the profit centre. this way, your reporting will be correct. Else it will be messed up.. Please be careful..
Hope this helps.

Mandatory field of Profit Center in Cost Center

Hi
Can I know how to consider profit center as mandatory field in cost center because at present it is optional.
Urgent.
thanks

Dear Manisha Sarma!
I think you want to make Profit Center as mandatory while creating/Modifying Cost Center KS01/KS02. If yes, YOU CAN'T because SAP has provided flexibility to derivate the Profit Center by defining "Default account assignment" in OKB9. Since, there may be different Profit Centers per one Cost Center for different Cost Elements.
So, as per your request if SAP makes Profit Center mandatory in KS01/KS02 we can't define Derivation Rules (OKB9) flexibly, because it is confined to only one Profit Center if we give in KS01/KS02. Moreover, Profit Centers are automatically derivated by the system based on configuration done in OKB9.
All these are only applicable only when you Activate Profit Center.
Reward the points if you got the solution for your query.
Regards,
D Srinivas Kumar

Profit Center in Costing View

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