which option is best in between Business Area or Profit
center for generating balance sheet & P/L a/c while using
ECC 6.
Answer Posted / bnvdiwakar
if company has taken all type transation like purchages ,
sales , tax, prodution , rents , expences, salaries and
wages, marketing , packing, distebution and more .this type
transations is taken to the trading and profit&loss account
after that when the closeing year profit or loss show in
this statement,after that this statement is converted to the
balance sheet . This called a profit center account.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain the various reference methods? : fi- general ledger
What is an intermediate bank? : fi- general ledger master data
What are the features of APP programing
What is the advantage of configuring both the type of profitability analysis together?
How to do dunning for vendor? What are the purposes of dunning for vendors?
please tell the process or step for cash management with transaction code.
Explain asset class
How the system identifies a ‘posting period’?
Outline automatic transfer of old assets? : fi- asset accounting
How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?
How you can import electronic bank statements into sap?
Where do you assign activity type in cost centers? : co- cost center accounting
Difference between structure and unstructured in MT940 In Bank reconciliation statement?
How is cost center accounting related to profit center?
What are characteristics and value fields?