What is Standard Hierarchy and How it is related to Profit
Center?

Answer Posted / muthuraj

Standard Hierarchy is the top node of the group company.

We can create all company's profit center under this
hierarchy. We can compare company's profit center analysis
report. Each profit center linked with the Standard
hierarchy, otherwise we can not call the individual profit
center at the time.

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you understand by product costing in sap controlling? : cost center accounting

640


How to Block/ Un-Block GL Account?

1300


How do you configure electronic bank statement?

622


When a standard cost estimate is run for a finished good does sap calculate cost estimate for its components such as raw and packing material?

654


What is a characteristic in co-pa? : co-pa

600






Explain managerial closing. : fi- general ledger accounting

618


What are the important global settings for a company code?

588


Bad Debts :- Friends, Kindly advice how do we configure Bad debts in FI

1503


What is sap asset accounting? : fi- asset accounting

594


what is the complete configuration of functional areas in finance and controlling and their related modules. plz give me complete secinero of the functional area,

1608


How do you open and close periods?

582


What all steps are involved in creating planning groups and planning levels in cash management? What changes does it bring?

1619


explain 2 business scenarios which do you feel have considerable significance and what kind of solutions did you offer while working on the projects?

1823


What are account assignment models?

632


Explain about a shortened fiscal year?

636