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What is dummy cost center?

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What is dummy cost center?..

Answer / chandu pokala

dummy profit center is a mandatory in PCA setting

because we not assigne some of cost objects to PCA , so
what ever cost objets not assigned to PCA that cost objets
will post in to dummy PCA while posting to that cost objets

Is This Answer Correct ?    4 Yes 3 No

What is dummy cost center?..

Answer / manish tiwari

Cost center is a element of controlling. And profit center
and segment is derive from cost center where as per the IFRS
and IAS we use segment for International accounting and
reporting.For external use we can not use dummy segment but
as a profit center and cost center we can use it.

Is This Answer Correct ?    0 Yes 0 No

What is dummy cost center?..

Answer / mamidi vijay

For Creation of Every Expense or Revenue G\L A\c we must and
should assign the Cost Centers. This is useful to get the
reports of a particular G\L A\c through cost
centers.Whenever you post the transaction to a particular
G\L A\c. that posting values are transferred to that Cost
centers if we assigned to a particular Cost center.Otherwise
those cost are transferred or included in Dummy Cost Center.

Is This Answer Correct ?    0 Yes 4 No

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