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author's profile photo Former Member
Former Member

New GL - Profit Center Accounting.

Hello,

My Client have implementaed New GL and Profit Center Accounting Scenario is activated. Document Splitting also activated and PC is made a zero balance and mendatory field.

My query is: how the distribution for the reconciliation account will work; for example, a vendor invoice is posted so the vendor line item will get the PC from the other line item. Here the PC is general Plant level PC now I want to distribute this posting to the vendor account to the other PC. How this can be done?

the same query for Asset and material reconcilition posting.

Please let me knwo if more information is required.

Regards,

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    author's profile photo Former Member
    Former Member
    Posted on Nov 14, 2011 at 09:15 AM

    Hi,

    as you are clear that vendor line item will inherit profit center from other line item, whatever profit center you will give in other line item, will be inherited.

    For Materials, normally profit center is assigned in material master data, that is inherited to material reconciliation account, however in most of screen where you post material document, there is option of profit center, so at run time, you can decide which profit center you want to inherit in material recon account.

    Please revert, if not clear..

    Br

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 14, 2011 at 07:27 AM

    any input?

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    • Former Member Former Member

      Hello,

      Thanks for the reply.

      in my company Plant and Profit center is mapped on one to one basis. now we are reengineering the profit center hierarchy as Plant and product group combination.

      now come to the example the material purchase entry. Here the material is updated with the common profit center at plant level which we need to distrubute to the other profit center (which is created as product group and plant combination) in period end closing activities with the decided allocation %. This we are doing for generating Balance Sheet at Profit Center Level (which is now a combination Plant and Product Group)

      Now I am not able to run Distribution with FAGLGA3*. Please guide how to run distribution for Reconciliation account like Vendor, Asset and Material.?

      Please let me know if more information is requried.

      Regards,

  • author's profile photo Former Member
    Former Member
    Posted on Nov 19, 2011 at 01:16 PM

    resolved

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