Relation between Account Recievables and Profit center

Hi ,
Can you pls help me with the relation between the account recievables & Profit center.
Thanks

Hi,
Accounts Receivables records all account postings generated as a result of Customer sales activity.
These postings are automatically updated in the General Ledger. It is within the Accounts
Receivables Module that you can monitor aging of the receivables and generate customer analysis. The Accounts Receivable Module also integrates with the General ledger, Sales and Distribution, and Cash Management Modules.
Profit Center Accounting provides visibility of an organizationu2019s profit and losses by profit center. The methods which can be utilized for EC-PCA (Profit Center Accounting) are period accounting or by the cost-of-sales approach. Profit Centers can be set-up to identify product lines, divisions, geographical regions, offices, production sites or by functions. Profit Centers are used for Internal Control purposes enabling management the ability to review areas of responsibility within their organization. The difference between a Cost Center and a Profit Center is that the Cost Center represents individual costs incurred during a given period and Profit Centers contain the balances of costs and revenues.
Hope this helps.
regards,
mahesh

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Difference between Business area and profit center accounting

Hi Frnds,
Can any body explain about difference between business area and profit center accounting .

Hi
Business area will have many profit centers. For example Vehicle is a business area in a company. Vehicle can be cars and Bikes etc. Here Vehicle is business area and Cars and Bike are profit centers. In broad Vehicle is a profit center. But as it has sub areas those are profit centers. So profit centers cannot be replaced with business area and vice versa. We can replace business area by Profit centre, only condition is that it should be in same controlling area. The business area is more like a business unit of a company. You can have multiple profit centers within a business area.
Main distinguish factor is that distribution and assessment in possible in profit center but not in business area.
One more distinction is that Business area need not be attached to any organisation structure. But profit centres can be created only under the controlling area. Business area can be across controlling area.
Business area concept is used for making stragic decisions by the management whereas the primary purpose of profit centre accounting is responsibility accounting.
http://help.sap.com/saphelp_erp2005/helpdata/en/ff/277203deea11d3b5b4006094b9b0a5/frameset.htm

Relation between sales district and Profit centre

Hi , how is sales district related to Profit centers , if in case they are related?

Hi,
There is no relationship between Sales District and Profit Center. If in case, for business requirements, Sales Districts can be created as profit centers.
Thanks
Krishna.

Combination of G.L account number and Profit center

Hi All,
i want to know some tables where i can see the linkage b/w the G/L account number and Profit center.
Like all the Profit centers coming under a particular G/L account.
Thanks in advance,
Shyam.

i want some base table like thing ...not transaction details...
FAGLEFLEXA - table is not present in our system,is it a 3rd party soln.
Edited by: Shyam Das on Jan 30, 2008 2:13 PM

Table name having relationship between Business area and Profit Center

Hi guys,
Can you tell me the table name showing the relationship between Business area and Profit Center in fb60 transaction.
thnx
hema

HI.
BSEE u2013GSBER Business area.
BSID-PRCTR Profit center
Regards.
jay

Material doc, accounting doc, and profit center doc in vl03n

Hi All,
In VL03N how can i see Material doc, Accounting doc, and Profit Center doc.
thanks in advance,
kumar.

yes he meant the exact same thing which you have understood my friend, you can have any sales document number with you f& rom that you can trace all the documents relavant to that, say you have inquiry which lead to quotation then to order, delivery, invoice & finally the accounting document so by simply entering VA13 you will get the inquiry display screen where you enter your inquiry number & click on the document flow, you will get all the details which i just mentioned, double click on the particular document number which you want to see in details
Reward Points if it helps
Regards,
N

Table relation between Sales Organization and Profit centre

Hi everybody,
I hava a question:
How do I know wich Sales organitzation (VKORG) belongs to a Profit centre(PRCTR), which table relation do I need to do to find it, or from wich table do I get this relation because I haven't found anything.
I've been asked to get the Profit Centre given a Sales Organization.
Thanks a lot!

Hi Moises,
Firstly get the Sales Order Number (VBELN) and Sales Organization(VKORG) from VBAK.
Now based on the the Sales Order Number (VBELN) get the Profit Center(PRCTR) from VBAP.
Now you can relate Sales Organization and Profit Center.
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Chandra Sekhar

Relation between accounting document and vendor

Hello,
What is the relation between Accounting Document Header ( BKPF ) and Vendor Master ( LFA1 ) ?
I need to provide a report for total number of documents for a particular vendor.
Thank you.

Hello,
LFA1 is just a master data table.
To get the number of open items you refer table BSIK
To get the number of cleared items, you refer table BSAK
These two tables gives you the number of line items posted on vendors.
Hope this is informative.
Regards,
Ravi

Difference between business area and profit center

hi all
could you please tell me about difference between business area and
profitcenter.
thanks,
regards,
chennuri.

HI
Read below
Profit Center - The profit center view shows the various
internal areas of responsibilities. Objects such as cost
centers, materials, etc can be used for profit center
analysis. Profit center can be used to determine the
revenues, costs, and profitability for specfic areas of
responsibility.
Business Area - Business area forms an important part of
external reporting. Analysis of various segments, product
divisions, regions etc is possible using business areas.
Business Area: This is optional
This can be used cross compane codes
This is for Internal Purpose
It is not Legal Entity like Co Code
The transation entered in Business are, Debit total will
not tally with credit total
Since it is used for segment wise or area wise or line wise
this is used for internal report purpose only .
Balance Shhet and P & L stataments can be drawn on segment
wise
Profit Centre: Generally in terms of SAP or Finance the
meaning of Profit centre is to know the profitabilty.
In same manner , The managers wants to know the ROI from
their investments, obviously we nned to use the tool.
This ROI may be geographically or area wise or division
wise. P.C provided us profitablity of the particular area
for internal purpose ( Only for Internal )
Business Area is an optional entry.Whenever company wants
financial statements businessarea wise we can maintain
BAs.And also we can maintain BA as Segment Wise,Product
Wise,Geographical Location wise.
Profit center is used to know the profits of companies.PC
is also used for to know the profits as aProduct
wise,Segment wise,geographical location wise.If anything
wrong inthis answer plz correct me..
Hope this helps
Good Luck
Hari

Link between profitability segment and profit center

Hi
Could you please let me know where we link the profit center to profitability segment. Please let me know the path and complete steps
Regards,
Krishna

Hi,
These two are independent entities; there is no link between them.
Regards,
Eli

Link between Plant and Profit Center

Hi,
Can any one let me know how to derive profit center for a plant or where this info is stored.
thanks,
preetham s

Hi
There is no direct relationship between a plant and profit center. Based on your configuration in the system, however, you can have various relationships. For eg, if your plant is one valuation arrea, there is a relationship for various cost center and cost elements at the valuation area level in T Code OKB9. In such a case, every valuation area relates to a plant and profit center derives the data for a plant from the cost center and cost element combination. Another way could be through the material master, where, for every plant view, you can assign a profit center. Another way of looking things could be a scenario, where every plant is also a profit center. In such a scenario, in EEC 6.0, you can draw Financial Statements also at Profit center level.
Thanks & Best Regards
Sanil K Bhandari

Business area and profit center

plz can anyone explain me what is the diffrence between business area and profit center.

Business Area is a type of organizational unit structure, primarily used to facilitate external segment reporting across company codes, covering the company's main areas of operation. Business Areas run across company codes. The relationship is n:n. Business Area is part of FI.
Profit Center is also a type of organization unit structure, used for management/ internal controlling purposes. Dividing the company up into profit centers allows one to analyze areas of responsibility and to delegate responsibility to decentralized units, thus treating them as companies within the company. The profit centers also run across company codes. The relationship is n:n. Profit Center Accounting is part of Enterprise Controlling.
While it may look apprantly that both Business Area and Profit Center do the same kind of analysis and reporting, with in SAP internal architecture they are kept in different modules and different tables.
SAP Note 321190 provides the difference betwen Business Area and Profit Center, which you can get from SAP Service Market place.
SAP has maintained Business Area from 4.6B onwards, while there are enhancements happening in Profit Center side.

Link between G/L Account and profit center

Hello dear all,
I have an issue in Intra-company process.
I made 2 customer payment for 2 different company code:
1/ Company 1000: i have 2 line items posted (in G/L View)
2/ Company 2000: For the same Cash account and the same customer account used in my first case (with company 1000) i have 4 line item posted in the G/L view and with different " PARTNER PROFIT CENTER"
I do not know wher can i find in customizing the link between G/L Account and Profit center ?
Thank you in advance

The document splitting is active in your company, at the same time, the "zero balance" for profit center is activated in your doc split characteristics. In order to balance the profit center in General View, it creates another line item for balancing it which is the zero balancing account or split the cash account according to profit center assignment. For some cases, they are split equally that is why it is best that you assign the profit center in the cash account upfront and create line item for each payment with different profit center assignment.
For instance, there are two customer line items with different profit center assignment
Customer Line Item 1 = Assigned to Profit Center 2000 amount 500
Customer Line Item 2 = Assigned to Profit Center 3000 amount 500
When I post a payment of 1000, the Entry View is
Cash                 1000
    Customer                1000
GL View
Cash       PC 2000       500
     Customer PC 2000         500
Cash      PC 3000        500
     Customer PC 3000          500

WBS, Business Area and Profit Center not flowing in GR/IR Account

Hello Experts,
I have come across a very strange situation. I have two MIGO documents which are showing different posting characteristics:
1) FI Document 5000000553
In this document, the Business area and profit center is flowing in GR/IR Clearing Account (15660000) but WBS element is not flowing to this line item.
Screen shot is as follows:-
As you can see from the above screen shot that, for GR/IR Account 15660000. Only Business Area and Profit Center are flowing and WBS Element is not coming.
2. FI Document 5000015602
In this document, the WBS element is going in GR/IR Clearing Account (15660000) but Business area and profit center is not flowing to this line item
Screen Shot is as follows:-
From the above screen shot, Business Area and Profit Center are not flowing but WBS Element is coming.
Could you please let me know what could be the possible reason for this behavior of both the documents.?
Regards,
Amit

Hi Saurabh,
Its great to see your reply. Yes, I know that currencies and posting dates are different. But that's the way it is. One document is for fiscal year 2014 and other is for 2013. There is nothing related to currency and posting date which was causing the strange behavior of the system.
However, our team analyzed the issue and found that only for service material having a special valuation type related to services is causing the problem and still we are diagnosing the other possible root cause as well.
Thanks for your co-operation and suggestion.
Regards,
Amit

Amount difference (0.01) between GL and profit center reporting

Hi,
After we run 1KEK for ARAP transfer to profit center there is amount difference (0.01) between GL and profit center reporting for customere reconciliation account. We checked F.5D and rerun 1KEK this issue still exit.
Any idea for it? Thanks.

hi Kyle,
thanks for the effort, but it wasn't the thing i asked for ...
what i would like to find out is:
if CO area settings are set w/o profit centers, why the system still demands profit center assignment with cost center master data (ie.)
well, i can always turn off the message, but this isn't the solution i want to use ...
i will rather open one PC (along with dummy, of course) even though those are not used for the customer ... although, this will not solve statistical posting to cc with cost element category 11 ...
d.

Relation between Account Recievables and Profit center

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