Cost and Revenue Flow To The Profit Center
The profit center is stored in the cost center this way the costs flow to the profit center.
The profit center is also stored in material master. This way all sales orders created for the finished product automatically picks up the profit center from the material master and all the revenues and costs coming from this sales order for that finished product is passed on to this profit center.
A profit center document is created in addition to the Finance document whenever revenue or consumption takes place. This document contains the details of the profit center. Once both the costs and revenues flow to the profit center you can write reports using the Report Painter to get intelligent analysis. You can also use SAP standard reports
If you like this post, you may as well like these too:
- Cost and Revenue Flow To The Profit Center The profit center is stored in the cost center this way the costs flow to the profit center. The profit center is also stored in material master. This way all...
- Cost Center and Profit Center Cost Center An organizational unit within a controlling area that represents a defined location of cost incurrence. The requirement at Greaves is to capture the costs Department wise. Cost centers...
- Cost Element and Cost Center Group Cost element group is nothing but a group of cost elements which help one to track and control cost more effectively. You can make as many number of cost element...
- Profit Center Accounting Course Contents Understand the functions in Profit Center Accounting. Explain Profitability management in SAP. Understand and maintain CO-PCA master data. Identify the source of actual values. Execute planning. Use the...
- Profit Center Group Profit center group can be created using KCH1, changed with KCH2 and displayed with KCH3. A profit center group is a hierachical structure of profit centers. We can use profit...
- Purpose of Creating a Profit Center? The basic purpose of creating a Profit Center is to analyse the revenues and costs for a particular product line, or a plant or a business unit. Though you can...
- Profit Center Group – Quick Reference The Quick reference on Profit Center Group will provide you all the steps in: Create Profit Center Group – KCH1 Change Profit Center Group – KCH2 Display Profit Center Group...
- Difference Between Profitability Analysis and Profit Center Accounting Profitability analysis lets you analyze the profitability of segments of your market according to products, customers, regions, division. It provides your sales, marketing, planning and management organizations with decision support...
- Fixed Asset data Migration with Active Profit Center Data migration is slightly different from a normal transaction which happens in Asset accounting module. Normally, in asset accounting the day to day transactions is posted with values through FI...
- Cost Center Accounting To gain understanding of key business processes of SAP Overhead Cost Management (OCM) Understand the Organizational unit in Controlling Determine the origin of posting in Cost center Accounting The Overhead...
- Cost Center Group Cost center group can be created using KSH1, changed with KSH2 and displayed with KSH3. We can collect cost centres according to various criteria into groups. This enables we to...
- Cost Center Standard Reports The SAP R/3 system comes with a vast amount of standard reports. Every SAP application has its own information system, which can be assessed from the application menu. Different tools...
- Revenue Account Determination When billing data is transferred from SD to FI-AR (Financial Accounting –Accounts Receivables), G/L Accounts for posting sales revenue, sales deductions, freight, taxes,can be determined automatically Different criteria can be...
- Primary Cost element and Secondary Cost Element Every Profit and Loss GL account that needs to be controlled has to be defined as a cost element in SAP. Just as in FI General Ledger Accounts exist, in...
- MM / PP Process Flow ...



















Leave a Reply