Answer Posted / sne
It is misconception in India considering business area that, "It is another area or branch" Here is excerpt from some authentic source to give clarity about business area.
"2) business area and PCA
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."
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Explain posting of costs to cost centers? : co- cost center accounting
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?
Explain reversal of documents in sap : fi- general ledger accounting
How do you perform budget structuring and take care of budget overrun issues in Funds management? What is the configuration and what are the T codes that are used?
What do you understand by company and company code?
Can posting period variant be assigned to more than 1 company code?
Can you pay a vendor in a currency other than the invoice currency? : fi- accounts payable
How do you manage the credit limit for the customer in fi?
What is the purpose of "document type" in sap?
can any one send me the real time interview questions and tockets in sap fico ,my mailid is c.sujatha2008@gmail.com
What is the difference between PC by order and PC by period?
Explain the term sap fico?
Where is the Cost come from to CO-PA ?
what is child order
What are the two uses of blocking an account? : fi- general ledger master data