Profit Center & Segment: difference?

Thanks in advance!
Ferdinando

Hi
Segment is a new field in New General Ledger Accounting. From ECC 5.0, PRofit Center Accounting is part of FI and no more part of CO. If new GL Accounting is activated, segments can be used as another reporting entity. Each Profit Center is assigned to a Segment.
Hope this helps.
Regards
Mahendra
Assign points if you are satisfied.

Similar Messages

Deriving the profit center / segment during Bank Reconciliation

Hi SDN,
One of our requirements is to generate a Financial Statement by Segments.
For this reason, we also need to derive / tag our Bank Reconciliation documents (Manual and Electronic) to the corresponding profit centers or segments. The problem though is that during FF67 or FF_5, there's no way we can enter these data.
At the same time, we can't set a default profit center via FAGL3KEH since these bank accounts may be used for multiple profit centers and not defaulted to one only.
My question now is, can we use the document splitting functionality so that we can "inherit" the profit center / segment from the payment document during bank recon?
To give you an idea here's a sample flow of what we wanted.
Customer Invoice (GL view)      - OK in the system
Dr Accounts Receivable (profit center 1) *inherited
Cr Revenue Account (profit center 1)
Incoming Payment (GL view)     - OK in the system
Dr Incoming Clearing (profit center 1)
Cr Accounts Receivable (profit center 1)
Bank Reconciliation
Dr Main Bank             (profit center 1)
Cr Incoming Clearing (profit center 1)
Currently, system does not inherit the bank reconciliation document to the right profit center. Is there any way we can do this in the system?
Thanks

Dear,
During bank Reco system inherit the Profit Center from the document which it is clearing. There is no need to maintain Default the same in FAGL3KEH.
Please activate splitting at Profit Center level.
Hope this helps!!
Br,Vivek

Profit Center & Segment wise payments

1. Looking for a document for enhancement of profit center & segment wise payments in F110 Payment Programe. exit\BADI ?
2. What exit is sutable for automatic bank determination in F110 payment programe

There is a workaround to use the field business place or payment method supplement.
E.g. You can use specific payment supplement method for specific profit centers. And then can populate that payment method supplement during the document posting - manually or via substitution.
Then you can select that payment method supplement in the free selection in F110.
Regards,
SDNer

Profit Center Segment Change

Hi,
We have been using a segment on a profit center that is incorrect. There have been many postings to the profit center. I realize that I cannot change the segment directly in the master data of the profit center. What is the best way to approach this problem? Do I change the validity period of the existing profit center, create a new profit center with the correct segment and transfer the values?
Any suggestions are appreciated.
Thanks in advance,
Andy

Creating a new profit center with the correct segment is a good idea, but you will also have the need (I assume) to rectify the segment in the existing postings; else you have to have another means to consolidate the numbers into the correct segment for reporting purposes. The segment from the profit center gets defaulted in the transaction data, but using field status, you should also be able to change the incorrect segment in the existing transaction data (again, volume may be a constraint here!).
Please also see the following helpful messages in this forum on this topic.
How to change Field SEGMENT in Profit Centre Master
Modify segment in Profit Center
Segment in document posting

Profit center segment characteristics fileds activation.

Hi All
Where we can activite (t.code or path) Profit center segment fields (charasteristics) while generation of Sales order.

Hi,
Profit Center field should normally be available in Sales order line item in Account Assignment tab. If it is not visible, please check the field status group of Revenue GL Code. (Profit center field should be made optional). Also check the settings of Movement type 601 (hope this is the movement type which is used when PGI for this Sales order is done)
Please revert if it helped.
Regards
Vineet
Edited by: Vineet Bhardwaj on May 1, 2010 7:31 PM

Changing profit center - segment assignment in ERP2004

Dear Experts,
A customer of mine uses segments for IFRS reporting. They have been live for about 9 months, so obviously all profit centers already contain transaction data. In beginning of next year the number of segments will increase, but they do not want to create totally new profit centers since they already now have thousands of profit centers, so they would very much prefer to simply change the profit center-> segment assignment.
Changing the segment is commented in OSS note 940721. Given their current version and Support Pack level, segment can be changed in Mass maintenance, as implied in OSS note 940440. This is an error, but customer is very happy about this error.
However, now they have discovered that segment can also be a time-dependent field. This is commented in OSS note 940629, where it is stated that segment should not be changeable therefore, if I understand right, it should not be time-dependant.
Customer's question to me is: Since they at the moment can actually make time-dependant changes to segment, are there any side-effects if they do so? I can appreciate that the answer which I presume to be SAP's official answer "you must create new profit centers instead of making time-dependant changes" is not a desired solution for my customer. I expect customer will have problems if they implement the SP's where segment becomes a totally unchangeable field or if they upgrade to ERP2005 - at the minimum they will lose the possibility to change the segment, but I do not know what will happen to the time-dependant data if the field is changed so that it no longer is time-dependant.
From a document posting point of view, I guess there should not be any side-effects, I expect system will post documents to the segment that is valid on the posting date.
I hope there is someone who has had the same problem, or if there at least is someone who has had to solve the problem of having the need to change the segment assignment - is creating a new profit center really the only safe way to do it?
All answers are appreciated!
BR,
Jarkko

Sergio
Please refer to the link below. This is a help link for ECC 6.0..
http://help.sap.com/saphelp_erp2005vp/helpdata/en/5b/d2200743c611d182b30000e829fbfe/frameset.htm
Reporting costs and revenues similar to KB61 is possible in ECC 5.0 also.
Let me know if it helped.Also please do award points if found useful.
Regards,
Karthik

New GL features (Profit Center Segmentation) in SEM-BCS

Experts,
I'm planning to use New GL feature (Profit Center Segmentation) in ECC 6. I also intent to use SEM-BCS as consolidation report.
Can this New GL feature be used in SEM-BCS? Please let me know how to use them in SEM-BCS.
Thank you for your respond.

Sorry I was away.
I am in ECC 6 and the New GL report gives Profi center report . But I ca get the comfort like 8A ledger with drill down.
My doubt is will the new GL report takes care of all CO related transactions w/o GL?
Thanks, Chitra

Profit center -- segment as entry ifield in customer posting

Hi,
we're in a New GL environment with the document splitting active.
I wonder if it is possible to have the profit center -segment field open for entry in the customer line of a posting?
I tried to make profit center and segment as 'mandatory entry' in the field status of the posting key and the customer reconciliation account but without succes.
thanks for advice,
François

Christian,
I'm using F-28 transaction. What I'm willing to do is to allocate some money I received from my client to the correct site (Segment->profit center). The thing is that the remittance advice has not yet been received so I can not yet clear my bank account against my customer.
On the other hand I'm not allowed to allocate the cash to another profit center than the one linked to the bank accounts (business rule). So I can not indicate the profit center of the site on the bank account. this is the reason why I want to set one particular profit center on the customer side/
thanks for info
fx

Segment reporting, split by profit center; still need segment splitting?

HI experts,
With reference to the subject of this post, I would like to have better understanding on the followings:
Settings (1) IMG > Financial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Ledger > Assign Scenarios and Customer Fields to Ledgers ... I have settings of <Profit Center Update and Cost Center Update>
VERSUS
Settings (2) IMG > Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Document Splitting > Define Document Splitting Characteristics for General Ledger Accounting ... I have profit center to be split (updated)
My concern, is I want to have segmental reporting. In the SAP material, it says that segment derived from Profit Center.
My Question: With the above settings (1) and (2), do I still need to have additional settings for segment? For example:
Settings (2), do I need to set segment here?
How about settings (1), any need to have <segment update>?
In settings (2), help file says: "This determines what fields in a ledger are updated when it receives posting from other application components." Not quite sure what this statement mean.
Thanks and regards,
sbmel

Hello,
The actual need of scenarios to be added in every ledger is the need for these objects to be updated in new tables like FAGLFLEXT. If you do not add scenarios then information of cost center, profit center , segment will not be updated in New GL Tables.
Hence it is mandatory to pass entire information related to Cost Centers, Profit Centers and Segment by adding relevant scenarios to all the ledgers activated.
Secondly, segment is such a field that can not only be derived from profit center but also through a BADI using a logic written using ABAP code.
Regards,
Sam

Modify segment from Profit center

Hi experts:
I see that after assigning a segment to a profit center, the field become display only and it is not possible to change.
How is usually the segment modified?
Thanks in advance for your help.
Best regards
Jose

Hi Jos,
Once there is transactional data in Profit center segment field is no longer changeable in order to prevent inconsistencies and incorrect result from the segment reporting point of view. This is standard system behavior.
Please Refer to notes mentioned below.
Note# 1373616    Segment in profit center changed despite transaction data
Note# 1037986    KE52: Changing the segment in the profit center master data
note# 940721      KE52: Segment in prof center master record cannot be changed
According to note 940721,If you have not posted any transactional data yet or have deleted the transaction data in the test system, you can activate the change option in the view V_FAGL_SEGM_PRCT using transaction SM30.
Hope this will help you.
Please search the forum well as this query has been answered many times.
Regards
Eugene
Message was edited by: Ranu Eugene

Wrong segment in profit center

Hi guys,
We created profit centers with assignment to segments(the segments represent branches).But created a few profit centers with wrong segments.
Posting have been made to this profit centers over the last 6 months so i have a lot of data reporting to the wrong segments.
Is there a way i can change this segments within the profit centers even though they already contain postings.
Please help.
Regards,
Banji
Edited by: BANJI ADEBOYE on May 19, 2008 8:01 PM

Hi,
A change of the segment to a profit center is critical when there were already documents posted to this profit center. In this case assitional repostings have to be done to ensure the consistency of the current process chain respectively the correctness of the P/L and balance per segment.
As the validation of existing transaction data in certain circumstances is really time-consuming and the performance of the system is affected, the change of the profit center / segment assignment is per default eliminiated.
As described in note 940721, the change of the segment can be managed with the view V_FAGL_SEGM_PRCT. As a pre-condition the profit center must not have transaction data. The first assignment of a profit center to a segment is also an assignment change.
When you for example already have posted a goods receipt to an purchase order with profit center PC1 and segment initial, you afterwards assign the segment A to the profit center PC1 and finally post the invoice receipt, the GR/IR account is debited with segment initial and credited with segment A.
Such changes are espacially critial when you use the online split functionality. Because of these reasons it is not recommended and possible to change the segment in the SAP Standard.
As there is already transaction data in your system you have to check if you have activated the document split functionality.
If the document split functionality is active, please contact you FI consultant. In this case, the impacts of the new assignment on the current business processed have to be checked in detail. It has to be ensured that the change will not cause further posting problems.
If the document split functionality is not active, but there is already transaction data, you also have to check with your consultant which economical impacts the new assignment will have. The assignment
can be done on you own responsiblity, with cancelling the correction of note 940440 or you assign a new segment with a customer own report.
Another option will be creating a new profit center with the correct segment and repost all postings from the profit center with the incorrect segment, to the profit center with the correct segment.
Cheers,
Daniela

Balancing field "Profit Center" in line item 003 not filled during AFAB

Hello all,
We have activated business function FIN_GL_REORG_1 on EHP5 in ECC 6.0 and related reporting business function. One of the advantages of activating this for Fixed Assets is now asset balances can be reported at Profit Center/Segment level in sub ledger.
During executing depreciation, we are getting the below error message
Balancing field "Profit Center" in line item 003 not filled
Message no. GLT2201
Diagnosis
The field Profit Center marked as balancing is not filled with any value in line item 003, even after document splitting.
Below configuration is done in our system -
Document splitting is active with standard variants for FA accounts.
Segment Reporting is actived under Asset Accounting IMG (under Integration with General :edger Accounting)
Activation of account assignment objects is active for cost center and specify account assignment types for account assignment objects KOSTL is configured for all transaction types (*) for APC and Depreciation postings is activated.
APC, Accumulated Dep and Dep expense account field status groups are changed to have profit center and segment as optional fields for inputs.
After all these settings, I am still getting the above error message.
Can someone please let me know if you had similar situation and how to resolve this issue.
Thanks,
Praveen

Hi
Check the below locations
Fin Accounting(New)Fin A/c Global Settings NewLedgersAssign scenarios and Customer Fields to Ledgers (Here assign Profit Centre)
Fin AccountingGL Accounting NewBusiness TransactionsDoc splittingDefine doc splitting characteristics for GL Accounting (Here Profit Centre mandatory check) Check with Activate and Deactivate
Regards
Sridhara Rao D

Business Area and Profit Center In Document Splitting

Hi,
We are using Business area and Profit Center characteristics for document splitting.
In one transaction, the Business area and profit centers are defaulted through the cost center.
The document is successfully split in respect of the business area, but the profit center is not filled, thereby giving error while posting.
Please suggest.

Hi,
Actually, we have all three scenarios, profit center, segment and business area..
As suggested, we have checked all field status relevant.. profit center is optional in all cases..
Now, Pls consider the scenario without business area in document splitting characteristics..
If I post an expense, profit center is picked thru cost center and segment thru profit ctr. The vendor or bank line item inherits the characteristic values from the previous line item.
Now, in addition we have business areas in doc splitting characteristics.
Business area, again is populated thru cost centers, along with profit ctr and segment.
The business area gets correctly populated in the vendor line item.. but the profit center doesnt.
Please let us know the reason..
Edited by: Swapvik on Mar 23, 2009 4:07 PM

FI: Business Area and profit center Issues

Hi Sap Gurus
Could you please help me with the following error
We have business areas defined as 1001 so on to 1006 and we have defaulted the profit center and business areas in the cost center master data and when I am booking expenses pertaining to two different business areas cost center for ex:-
001 31 1001 0000200055 A & A Holdings             14.000,00-
002 40 1001 0076003000 PlacemtRecruit Chrg        10.000,00
003 40 1002 0076003000 PlacemtRecruit Chrg         4.000,00
The system is throwing up the following 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:
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.
Can someone provide a solution please as this is go live critical for us now
Thanks in advance
PSNG

Hi,
Actually, we have all three scenarios, profit center, segment and business area..
As suggested, we have checked all field status relevant.. profit center is optional in all cases..
Now, Pls consider the scenario without business area in document splitting characteristics..
If I post an expense, profit center is picked thru cost center and segment thru profit ctr. The vendor or bank line item inherits the characteristic values from the previous line item.
Now, in addition we have business areas in doc splitting characteristics.
Business area, again is populated thru cost centers, along with profit ctr and segment.
The business area gets correctly populated in the vendor line item.. but the profit center doesnt.
Please let us know the reason..
Edited by: Swapvik on Mar 23, 2009 4:07 PM

Balancing field "Profit Center" in line item 003 not filled

Dear Friends,
kindly help me out from the below mentioined issue :
I am using ECC 6.0 & document splitting has been activated for profit center as mandatory field.
Now I am trying to post an entry as below
Wages a/c dr 30000
Salaries a/c dr 20000
To cash a/c cr 50000
I am getting the error as "Balancing field "Profit Center" in line item 003 not filled.
Diagnosis
The field Profit Center marked as balancing is not filled with any value in line item 003, 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.
I am using GL Profit center concept. No business area concept is with my client.
So kindly suggest me the solution for this issue. Also if there is any alternate solution through excise transaction.

Yes. I have set the profit center as mandatory and selected Zero Balance indicator also for the same.
but still i am getting the same error.
It is giving the simulation as below
Line Item    Posting Key                           GL a/c           G/l account name              amount         currency        profit center   segment
000001     40          400101     WAGES ACCOUNT A/C     30 000,00     INR     PLATI_BGL     BPSEG_00
000002     40          400100     SALARIES ACCOUNT     20 000,00     INR     PUL_BGL     BPSEG_00
000003     50          200100     CASH ACCOUNT A/C     50 000,00-     INR          BPSEG_00
000004     40          100550     ZERO BALANCE CLG     30 000,00     INR
000005     50          100550     ZERO BALANCE CLG     30 000,00-     INR     PLATI_BGL
000006     40          100550     ZERO BALANCE CLG     20 000,00     INR
000007     50          100550     ZERO BALANCE CLG     20 000,00-     INR     PUL_BGL
Regards,
Padmavathi

Profit Center & Segment: difference?

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