Is Profit Center is created before Cost Center in CO ? if
yes, then why?

Answer Posted / vivek

Suppose if you you select in filed status group as "Cost
Center" and checked profit center as a required field.Then
definately we need to create profit center first before
creating cost center.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a group currency?

675


Could any one explain Process Flow and Integration of HR with FI.

1921


How capital wip (work in process) and assets accounted for in sap?

741


DIfference between F-43

1101


List some of the exchange rate type?

579






What are the issues you faced after the implementation project in go-live?

2145


What is a controlling area? How is it related to a company code? : co- general controlling

624


What is the difference between PC by order and PC by period?

988


what is credit control management. how to do credit control how to evaluate foreign currency

3427


What do you enter in company code global settings? : fi- general ledger

651


Can anyone have SAP-CO module ppt for begineers?

4512


What are the 3 gaps that you must have faced during implementation?

1797


What are non-fixed characteristics or user defined characteristics? : co-pa

619


Explain the procurement cycle how it works?

651


You are entered a credit memo posting to vendor who is linked to a customer on 1st of May 2003 for your company code but you have not specifically entered the same data in customer till now. You have lots of entries appearing in the vendor and customer account prior to that date of May 2003 also. You are making a manual payment to the vendor ? select out of the following which statements are correct. a. Credit memo document will get the special payment term as per vendor master definition. b. Customer items will not be shown while paying the vendor as customer is not linked. c. Customer items will be shown only postings after the date 1st May 2003. d. All items of customer and vendor will be available for payment provided payment is same from 1st May 2003. e. All items of customer and vendor will be available for payment provided Special GL items are also selected in selection screen irrespective of the activation date

1748