Skip to Content
avatar image
Former Member

Profit center is now available in both CO and FI new GL nodes

Dear Friends,

Could you please let me know the reason for showing the profit center in both CO and in FI new General ledger accounting nodes.

Regards,

Dwarak.

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

5 Answers

  • avatar image
    Former Member
    Oct 10, 2008 at 09:45 AM

    Hi,

    ECC 6 has a concept called as NEW GL and segment reporting.The segment is entered in profit center master record.

    Aravind

    Add comment
    10|10000 characters needed characters exceeded

  • Oct 10, 2008 at 09:45 AM

    Hi

    Earlier profit centre was separate sub module in controlling and now it is a part of the GL in New GL Accounting concept.hence included.

    Cheers

    Srinivas

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Oct 10, 2008 at 09:50 AM

    Hi,

    Thanks for all your information.

    In case of CO module, if we need to create profit center group or masters, we need to have standard hierarchy which needs to be created in line with controlling area settings.

    My question is that what special significance it makes if it is created in FI new GL accounting node, simply not because of the reason that it has a segment attached to it. Do we still require controlling area settings for creating profit center related details in FI new GL accounting node? Please clarify.

    Thanks & Regards,

    Dwarak.

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Oct 10, 2008 at 09:58 AM

    Hi,

    Thanks. I got a clarity now in profit center in FI new GL accounting node.

    Also I have seen assessment and distribution is now available in FI node (same as CO node in cost center and profit center).

    Could you please give me some inputs on assessment and distribtion especially in FI new GL accounting node (Please: I'm not asking about the general explanation and difference about assessment and distribution as I'm aware about that).

    Thanks.

    Regards,

    Dwarak.

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Jun 02, 2009 at 09:00 AM

    thanks

    Add comment
    10|10000 characters needed characters exceeded