Balance sheet at profit center level

[Former Member]

can we get balance sheet at profit center level.... if yes how to derive it and what are the configurations.....

[Former Member]

Hi,

It is possible to generate profit center level balance sheet. It has become very hand and easy in SAP ECC if the document splitting function of new ledger has been implemented.

Pls. inform whether you are on SAP ECC or earlier versions of SAP R/3 (4.6c or 4.7)? It was possible in SAP R/3 4.6c as well but not as good as in New Ledger.

Pls. inform if you need any specific information.

Regards,

Chirag

[Former Member]

What i was aware the cost and revenue are assigned to profit center.

Now in case a company code has 10 profit center, how can we assign balance sheet item to profit center.....

Appreciate your reply....

[Former Member]

Hi,

As we know, we assign Profit Center to Revenue Accounts (Cost Elements) while for Expense Accounts, Profit Center is derived from Cost Center assigned, as we maintain Profit Center in Cost Center Master Data.

Balance Sheet Account posting derives profit center in New GL in following way:

1) Cost Center of offsetting line items (Expense Posting) has been assinged to the Balance Sheet line items. Profit Center is derived from this cost center.

2) Profit Center of offsetting line items (Revenue Posting) has been assinged to teh Balance Sheet Line Items.

Say, Customer Invoice, we debit Customer (Acct Receivable) while credit Revenue GL Account. Revenue Posting has profit center assigned to it. Profit Center for Acct Receivable (Balance Sheet Acct- Customer Reconciliation Acct) is derived from Revenue posting.

If there are two offsetting line items (document with one Receivable line item and two revenue line items - posted to two diff profit center), documet splitting function splits the receivable line items in equal proportion and posts profit center for this balance sheet line items.

Unlike earlier versions of SAP, you do not need to go to profit cetner acct module to generate financial statement for profit center but can be generated from SAP GL Module itself if New GL is activated with Document Splitting function.

Hope this may give initial insight. Inform if you need further specific details.

Send me your email id, I will send some documents on SAP New GL.

Award points if this is useful.

Regards,

Chirag

[Former Member]

Chirag,

I am also working on ECC 6. Plz send me the New GL documents to me also at radharatnakar@gmail.com

Thanks in advance

Radha

[Former Member]

Hi

Check your email. I just sent documents.

Regards,

Chirag

[Former Member]

Hi Chirag,

My email id is ajitbk@yahoo.com.... thx

[Former Member]

HI Chirag ,

Can you kindly send me that docukemt of Ecc 6.00 New Gl Functionality regarding document split .

Deepesh S

[Former Member]

Hi

Can you please send configuration document for NEW GL .

Thanks in Advance.

[Former Member]

Hi,

Please send me the documents.

Regards

Keshav

[Former Member]

hi chirag can u send me same materail to my id narayansap@yahoo.co.in.

Thanks and Regards

Laxmi

[Former Member]

Hi Chirag

could u forward me the document regarding newG/L and split functionality on my mail id plz

id k.anmaika06@gmail.com

thanks

regards