Profit center related question

[Former Member]

hello,

do we need to make profit center requried in feild status for recon acc feild status grp, i am wondering if the recon acc gets auto upated from the offsetting acc coz we never usually pso directly to recon acc.

i am basicaly trying to set up field statuses for all grps and we are not goin to use business area functinlaity so we want to capture all rev and exp on profit center to do b/s and p/l reporting and we are usign ecc 6

kindly advise

thanks.

[Former Member]

Hi,

For the recon acc the profit center is optional.

On the end of the posting period you are running reports for Assets, vendors and customers to post the open values on the correct profit center. For this you are using ofset accounts.

The reason for this that you can have one invoice for more profit centers and only one open amount on the debtor

paul

[Former Member]

Profit Center is required to be updated directly, in case of the A& L accounts and revenue accounts.

In case of expenditure accounts, Profit center pick from the Cost center. so no OKB9 settings is relevant in this case.

In case of the A&L (assets and liabilites) accounts , you need to derive the profit center, in this case you need to define the derivation rule, use TCODE: 3KEI .

Based on the derivation rule defined , system posts the amounts to relevant profit center.

you asked about recon. account, recon a/c is nothing but Balance sheet account...so use the 3KEI

VVR

[Former Member]

Hi

if you want to profit center field mandatory then we have to change the status of the field in the Recon G/L master data - field Status Group - Change the Status of profit center as a required field. then when ever you post through sub ledger, system will ask profit center. if you want to default profit center for particular G/Ls, then go to OKB9 - then give range. In ECC 6 - At Chart Of Account Configuration path - under that profit center also is there. we can give G/L number range and profit center. then system will take default from this assignment.

[Former Member]

Hi,

In case of reconciliation accounts postings cannot be made directly. It picks up from the postings made to Customer / Vendor / Assets.

Thanks

Murali.