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 / radhika maral

The Balance sheet should be as per the Profit Center wise
as Business area is defined at the Client Level & Profit
Center at the Company code level
Hence for getting a proper & exact idea of P/L & Balance
Sheet we generally prefer Profit center

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is gui standing? How to create /edit gui status?

630


what do you mean by the reversal posting?

610


How many normal and special periods will be there in fiscal year, why do you use special periods?

593


How do you copy plan data from one period to another? : co- cost center accounting

606


Tell me more about a shortened fiscal year.

603






Do you require to configure additional ledger for parallel currencies?

666


What are the common reasons for errors in accounting and what impact do they actually have on the organization?

629


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?

1794


Hi gurus, what is the critcal issue that you have faced during the support project? how did you resolve this issue. explain in step by step process/ kindly suggest me how to answer this question?

1594


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

593


What is the dunning area? : fi- accounts receivable

657


What is an exchange rate type?

636


What are one-time vendors?

619


What is the use of value field in the co-pa module? : cost center accounting

572


What is deffrent Between Company Act and Income Tax Act depriciayion

1542