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Former Member
Nov 28, 2011 at 09:14 AM

Profit Center Accounting functionality


Hi Experts,

This is my first post to SDN. Thank you for giving me chance to be part of SDN Family.

I am configuring Profit Center Acconting PCA. I am not aware of this as well. I have gone through CCA before, so have an idea of Co Object assignment. Before proceeding further would like have some expert guidance from expert views.

Point - 1 : As I know cost centrs are assigned to cost element type 1, which are nothing but P & L debit side accounts. With the help of CC we can track the cost. Same way if we want to track REVENUE of an organization how can we track ? Is it with the help of Profit Center ?

Point - 2 : As cost centers are assign to category 1 Cost element ( ALL Expenses GL accounts). Same way where the Profit centers are assign or attached ?

A ) Which type of GL account ?

B ) What cost element category we need to maintain for those GL accounts ?

C ) When we do payment receipt entry in FI there Profit Center come into picture ? If not then please rectify.

Since I am going for PCA first time, would like to have experts guidance , and suggestion, comments. I am sure it will help me alot. Please contribute NEED TO REMEMBER PONINTS if I have missed anything.

Thank you for patient reading !


Revati Joshi.

Moderator: Please, read SDN rules. This kind of questions is not allowed on the forum. You can easily find the answers by reading