Budgeting and Profit Centres

[Former Member]

Hi experts

I need a help from you all,

Can we assign budgets to profit centres?

Iam having 2 profit centres which has to be tagged to one account code and each profit centre will have a different Budget,

Help me to assign two profit centres into one account code and also need to assign budgets based on the profit centres.

thank you

best regards

vinodh kumar

[Former Member]

Hai!

How do u want to control?

Want to restrict entries whch crosses Budget or Reporting Purpose ?

[Former Member]

Hi Suraj

Its only for reporting purpose, but how to tag two profit centres in one account, because there are two budgets under same account and only the profit centre is different

for eg.

two profit centres 2200 and 2300

two budets for two cost centre - but the account code is same

iam wondering how to tag two budgets under one account code.

kindly advice

thanks

vinodh

[Former Member]

Hai!

Actually its a out of SAP B1 Functionality, even we can handle this. (Customization)

1. Create a UDO

2. Create UDF's on tht like,Account Code,Profit Center Code, Budget Amount.

3. Write a Query Report based on this Master.

Looks to be complex, try it out.

[too_muihwee]

Hi,

If just for reporting purposes that you need to have the following reports:

1) Budget vs Actual for Profit Center A

2) Budget vs Actual for Profit Center B

3) Budget vs Actual for both profit centers.

Then my suggestion is that you create 3 different budget scenarios. Means in Budget 1, you create budget figures that apply to Profit Center A only, then Budget 2 is for Profit Center B and then Budget 3 to have combination of Profit Center A&B's figures.

At the Budget P&L, you will be able to select profit center under 'Expanded' button. Then to compare budget vs actual for Profit Center A, first select the scenario Budget 1 and then go to 'Expanded' button to select Profit Center A only.

Thus you will be able to achieve budget P&L for report 1 above.

[former_member325312]

hello

even i to say that it is not possible to have 2 profit centre for a single budget account and each profit centre will have its own budget account

[Former Member]

Hi

I dont think there is direct relation between them. By project wise you can get the budgeting. Still i am not so sure. Lets see other opinion also.

Ashish Gupte