What are the different scenarios under which a business area or a profit center

What are the different scenarios under which a business area or a profit center may be defined?

Question Posted / mahindra@14

1 Answers
1335 Views
I also Faced
E-Mail Answers

What are the different scenarios under which a business area or a profit center may be defined?..

Answer / Shiv Gopal Mishra

A business area or profit center can be defined in various scenarios within SAP FI-CO. For instance, they can be used to allocate costs and revenues for internal cost centers, departments, or projects. They can also be utilized for organizational accounting, inter-company accounting, or management reporting purposes. The specific method of defining a business area or profit center depends on the specific business scenario and reporting requirements.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

How do we create business transactions in Cash

1 Answers

Hi can any body tell me abt what is a Report Painter.what is the difference between report painter report & drill down report.

0 Answers

How is sub ledger linked to GL?

5 Answers

What is GR/IR and its grouping, whats the process for GR/IR adjustments done?

1 Answers

Hi Can any one explain me Exactly what is ment by " Stastical Posting" in SAP. please reply soon it is very urgent

4 Answers

1)how many tr's you have moved in support project? 2)tell me the complete process of idoc's? 3)what are the interfaces you have dealt wih in your project?

1 Answers Tech Mahindra,

Hi Guy's I know that we can change the vendor account group individually in XK07. but i want to change the more than one vendor account group at a time i.e i want to change the account group 100 vendors at a time. syam

0 Answers

what is business area? What are its advantages and disadvantages?

1 Answers

Hi 1)What is the maximum permissible exchange deviation in your project? 2)What is the most typical problem that you have been faced in supporting as well as implementation? 3)How you see dunning notice output?

1 Answers IBM,

Someone kindly explain to me where can i set up in vendor master Cost Center / Business Center / Segments Optional, please help freind. i cant find out. i waiting for my sap group freinds valid responds

1 Answers

Explain how carry-forward happens in sap?

1 Answers

8) What are the steps to run the Payment Run ? Explain by point wise ?

1 Answers IBM,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here