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which option is best in between Business Area or Profit
center for generating balance sheet & P/L a/c while using
ECC 6.
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Answer Posted / bnvdiwakar
if company has taken all type transation like purchages ,
sales , tax, prodution , rents , expences, salaries and
wages, marketing , packing, distebution and more .this type
transations is taken to the trading and profit&loss account
after that when the closeing year profit or loss show in
this statement,after that this statement is converted to the
balance sheet . This called a profit center account.
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