Controlling-Cost Centre Accounting.

[Former Member]

Hi Gurus!

I am working on 4.7ee,according to client requirement, i have created another(NEW) company code with the same chart of accounts in FI,but created separate Controlling area for the new company-Will there be any issues in the future?

Thanks in Advance .

Regards,

Nageswar Rao Jalla

[Former Member]

Hi,

I have copied standard hierachy through ksh1,by taking the reference of existing controllong area.The standard hierachy field in okkp,which std.hierachy i have to mention.I have mentioned the existing std.hierachy for the new controlling area in okkp.Is that o.k.Please guide me.

Thanks and regards,

Nageswar Rao Jalla

Edited by: jalla nageswar rao on Jul 22, 2008 3:53 PM

[Former Member]

Hi

You can use the same name of std hirchy to the new controlling area. no issues.

regards

madhav

[Former Member]

Thanks.Madhav.

Regards,

Nagesh

[Former Member]

Hi,

The company code assignment to the controlling area must be made according to the processes your company.

Usually we assign multiple Company codes to one controlling area if the external and internal accounting perspectives differ from each other.For example if the organization contains a number of independent subsidiaries using global managerial accounting. Cross-company code cost accounting gives you the advantage of using internal allocations across company code boundaries.

If you have 1:1 relationship there will not be any problem, but It is difficult or at best, time-consuming to change the 1:1 or 1:n relationship between the controlling area and company code after the decision and the assignment have already been made.

[Former Member]

Thanks for your reply!

I have already created another controlling area,i.e..like 1:1,

can i use/copy existing cost centre hierachy for creating cost centres in new company.

Pl.advise.

Regards,

Nageswar Rao Jalla

[Former Member]

Yes you can if you want to have the same cost center structure for new controlling area.

[Former Member]

Thanks for your support!

Will you please ,how to copy/use the existing cost centre Hierachy to the new controlling area.It will help me in creating cost centres.

Thanks once again.

Regards,

Nageswar Rao Jalla

[Former Member]

Hi,

Go KSH1 here you can copy Std hierarchy.Under reference give the Co Area and Std Hierarchy name which you want to copy.

Please assign points if helpful

[Former Member]

Dear,

Thanks for your valuable support.I will again mail once the issue got solved. I am still configuring the same,what you suggested.

Thanks!

Regards

Nageswar Rao Jalla