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

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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

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

What is Budjet, Profit, Work and Cost center means?

Hi Guys,
Can u explain Budjet center, Profit center, Work center and Cost center? Also if i miss any other center like these!
What is the functionality of each in business point of view?
If possible with an example:-)
Thanks,
Vinod.

Hi.
Please use a search enginge before aksing here. BTW: If you use a search engine perhaps it is advisable to write 'budget' instead of budjet.
And before I forget this I would like to point out that your question is not related to ABAP. Therefore this forum is not the right place to ask it anyway...
Thread will be locked.
Jan Stallkamp
Edited by: Jan Stallkamp on Jul 23, 2008 1:18 PM

Cost center and cost center group

hi,
how can i create cost center and cost center group?

hi,
after u enter in to sap easy access
goto Extras menu-settings->select display technical names
you can see the T.codes for each transaction
for example:create cost center
accounting>controling->cost center>master data>cost center>individual processing-->KS01-create

CO, which table decribes "cost center" and "cost center group"?

Hello experts,
now I have the transaction KP06. Maybe through customizing the user has built a "cost center group" for some "cost center".
In which table can I find out the relationship between the "cost center" and "cost center group" ?
Thanks.
RD
Edited by: Marching Dai on Jun 16, 2008 2:05 PM

Hi Arun,
Please check this link
http://www.erpgenie.com/abap/tables_fi.htm
Please check CKPE --->CO-PC Cost Object Hierarchy: Individual Objects
CSKA Cost Elements (Data Dependent on Chart of Accounts)
CSKB Cost Elements (Data Dependent on Controlling Area)
CSKR Resource master record
CSKS Cost Center Master Data
Best regards,

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

Table for Funds Center and Cost Center

Hi,
I need to know if there is any table that match Funds Center with Cost Center. Because I am doing an interface on SAP that takes the info of Cost Center, but needs some more info of the Funds Center to process.
I have been looking but found nothing.
I hope you can help me.
Thanks
Jocelyne Garibaldi

Hi,
try this table FM01KT for FUnds center
or
table FM01
Prabhudas

Send cost center and cost center hirarchy to another client

Hi
our HR and FI system are in different client, and HR need post document to FI with cost center, but the cost center is from FI client.
now we want to synchronize cost center from FI to HR, whether should we use COSMAS message type? whether the hirarchy of cost center group in KSH1 need to be synchronized too? if needed, what is the message type?
how to trigger the synchronization in FI client if the model in BD64 is setted up?
Thanks a lot
shaoming

Hi,
We are doing same thing, but not able to send hierarchy to HR system through ALE. Can you please send me the process that you have followed.
Regards,
Chandra.

Profit center and cost center

hi,
why p&l reve and exp account both also appear in both center?
what is the difference for these 2 center because both revenue and expenses account also landed in both center.
thanks

Hi,
Normally all expenses are pooled to cost centres and revenues to profit centres.
You are mentioning about VF03 - in case of a normal sales order there is selling price involved which is a revenue and hence the assignment to a profit centre. In the case of stock transfer ( intra company sales order) the value is based on cost of goods sold . When there is cost of goods sold the assignment needs to be done to a cost centre.
Thanks
GU
Edited by: geetha umashankar on Jul 18, 2008 2:14 PM

Profit Center AND Cost Center Report

Hi Friends,
Is it possible to get a report from Sap, the list of PC and CC where there are no transactions in last 3 months?
Regards,
Raji
Moderator: Please, search SDN

Hi
There is no such ready made report
however, you can se KE5Z for PC and KSB1 for CC... Specify a date range of last 3 months and execute.....
If you have 100 CC and suppose you get output for 95 CCs in KSB1 - The balance 5 CCs will be the one you wish.... You can do an excel V lookup to get this info...
Br, Ajay M

P&L by Profit Center Wise and COst Center wise

Hi All,
Profit Center Reporting u2013 I need a P&L by Profit Center. Unfortunately in SAP, there is no way to u201Cmarryu201D the profit center and cost center accounting into a single report that is filtered by PC/CC.   Example: I need to see the P&L for my Orlando region (Profit Center and Cost Center Range = 5450 to 5459). The report should return exactly what is returned when I run a company-wide P&L through standard report: S_ALR_87012284.
In fact, if I could simply filter the standard report in SAP there would be no problem, but there is no way to do that successfully u2013 the filters inhibit the correct results. Also, the standard profit center reports are only provided at the line level, so the report is so ugly it cannot be evaluated like a simple P&L whereas S_ALR_87012284 draws upon a u201Cdesignu201D called Financial Statement Version (which I have manipulated to be what I need).
Thanks,
Madhu

Hi, Go to tcode KDH1 and maintain your account group (like 127) as following format. I am 100% sure this will be result as per your wish. Execute report S_ALR_87013340 give Profit Center and Group as you created.
127     Profit After Taxation
     129     Provision for Taxation
          201     Provision for taxation
     128     Profit Before Taxation
          130     Operating Profit
               210     Gross Profit
                    310     Sales
                         400     External Sales
                         711001     Whole Sale
                         711002     Retail
                         711003     Direct
Feel free to come back incase.

Profit center hierarchy and cost center hierarchy

Hi
What are the things we have to consider to create Profit center hierarchy and cost center hierarchy and what is the need to assign profit center hierarchy to profit center and cost center hierarchy to cost center. What levels does this fall into? Can some one please guide me.
Thanks.

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

Accounting:profit center n cost center

hi expert,
how define Segmentation,profitt center n cost cener...pls hell me

hi
Segmentation Accounts
Segmentation Accounts
Profitt center and Cost Center
Financials ->cost accounting
Define dimensions
create profit centers from the profit center set up screen
regards,
Sanju M S

Change Profit Centre in Cost centre

Hello Experts,
I have to change profit centre in cost center (postings have been done on cost centre), how can I do ?
Thanks in advance.
Regards,
Catherine

Hi,
Once you post transaction to the Cost Center, we can not change Business Area or Profit Center assignment for the same Fiscal Year.
System will allow changes for the subsequent Fiscal Years though.
You cannot really reduce the number of Cost Centers. However we can restrict the validity period though. You can delete the Cost Center validity for the dates that do not have transaction with in the same Fiscal year as well.
Hope this helps
Regards,
Som

RE - Change profit center and cost center after LO activated

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