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 center groups to group profit centers together according to company-specific criteria. Use Profit center groups are used for reporting, allocations or in various planning functions, where it does not make sense to enter or display data at the lowest level (with a high level of detail). The standard hierarchy is a special type of profit center group. It has to contain all profit centers belonging to the controlling area and reflect the organizational structure of Profit Center Accounting. We can collect cost centers according to various criteria into groups. This enables us to use cost centers to depict the structure of the organization in the SAP System.

If you like this post, you may as well like these too:

1. 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...
2. 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...
3. 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...
4. 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...
5. 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...
6. 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...
7. 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...
8. 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...
9. 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...
10. 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...
11. Account Group and Field Status Group An Account group controls the data that needs to be entered at the time of creation of a master record. Account groups exist for the definition of a GL account,...
12. What is a Function Group A Function Group is an ABAP program that contains function modules. Function modules that work with the same data objects can be combined to form the function group. Each function...
13. What are Group Assets The tax requirements in some countries require calculation of depreciation at a higher group or level of assets. For this purpose you can group assets together into so-called group assets....
14. Vendor Tolerance Group Freely definable group code for customers and vendors, or G/L accounts. Tolerance groups are unique within a company code. Each tolerance group contains settings that affect cash discount and payment...