Hi,
Could someone explain in very simple terms what are the main differences in purposes/uses of CO-PA Vs. PCA (Profit Centre Accounting)?
I understand that both of these are designed to be used in conjunction and complement each other. If an organization only has PCA so far, how can implementing CO-PA help in management reporting, especially around Sales and Profit reporting for any combination of Department, Sub-Department, Region, Site, Product Category, Profit Centre etc or, say, for a particular Product Category across all Departments? This flexibility in reporting is currently not possible by just having PCA, and not CO-PA. Is CO-PA a possible solution for this problem or the solution lies somewhere else?
Thanks in advance!
Puneet