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Former Member
Jan 11, 2008 at 07:45 AM

Profit center transfer

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Hi all,

I have 3 profit centers common,10001 and 10002

when i post an accounting entry it is in one common profit center and from there subsequently thru distribution cycle, amounts are transfered to respective profit centers.

This is done as allocation ratios are not final at time of accounting entry.

after these are finalised and cycle changed the cycle is run (4ke5)and amounts are transfered to the correct profit centers.

When i run the trial balance (profit centerwise) the said amount is not reflected in the trial balance for the profit centers 10001 and 10002 but is reflected in common profit center.

In profit center accounting, the common profit center is credited and respective profit centers are debited.

Can any suggest how to get the correct trial balance

Regards,

Poonam