Is Profit Center is created before Cost Center in CO ? if
yes, then why?
Answers were Sorted based on User's Feedback
Answer / samrat chatterjee
yes u can, bcoz cost center has to assign with profit
centers.
Is This Answer Correct ? | 12 Yes | 0 No |
Answer / vivek
Suppose if you you select in filed status group as "Cost
Center" and checked profit center as a required field.Then
definately we need to create profit center first before
creating cost center.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / k.l.paliwal
Cost Center is real object whereas Profit Center is Statistical object. Hence Profit Center is required to assign while creating Cost Center which ensure all postings flows into Profit Centers. For correct financial reporting at Profit Center Level, we need to create Profit center before creation of Cost center.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / david y
no, you do not have to. If you do not need PCA, can even
leave it.
Is This Answer Correct ? | 1 Yes | 4 No |
Answer / mangaiah
first of all we create cost centers , after that we create
profit centers
after creation of profit centers ,
profit centers assign in cost centers transaction code is KS02
Is This Answer Correct ? | 1 Yes | 10 No |
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