on 10-21-2008 7:28 AM
hi experts,
in my client we have two divisions (processes), shall i treated as two business areas or profit centers, i want totally individual financial statements like PL statement, balance sheet as well as consolidated balance sheet for one co. code(legel entity), shall we post transaction inbetween profit centers/business areas, what will the impact of that.
thanks & regards,
Hi friend,...
my advice is to you to create two profit centers for each products insted of Business areas.
Any how u can create P & L Account, B/S at Profit center level and also u can get a consolidated at Cocde level.
all the reports like vendors, creditors (including aging and etc.,) asset reports etc... can also available at Profit center level.
And in 6th version Business area concept is given least preference and insted of that using Profit center concept.
All the best
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