Transfer of Cost center balances from old to new Cost Center.

[former_member454663]

Dear  Experts,

I need to cancel one Cost Center and transfer the Balance to new one, Is it possible and how?

Thks

Fadi

[Former Member · Accepted solution]

Hi Fadi, Sudhakar, Tanya,

I suggest one solution in this case.

Firstly, we can distribute all data of Old cost center to New cost center by KSV5. So, the balance of Old cost center is zero.

Secondly, change all asset which has been assigned to Old cost center to New cost center.

And then, delete cost center from next fiscal year by KS04.

Example: My fiscal year variant from 01.01 to 31.12

My cost center has valid date from 01.01.2001 to 31.12.9999.

It has had data until to 15.12.2012.

So, we can delete cost center from 01.01.2013 to 31.12.9999.

Hope it's helpful.

Julie

[ajaycwa1981 · Accepted solution]

Hi

I second Julie's opinion

br, Ajay M

[former_member454663 · Accepted solution]

Dear Sudhakar, Tanya & Julie.

What about Assets, how we can deal with, in case of change the Cost Center for a particular Assets??

Many Thks

Fadi

[ajaycwa1981 · Accepted solution]

Hi

If you change the CC on assets - it would immediately start posting dep on the new CC

One specific thing worth mentioning here is if your new and old CC belong to different PC - Then just changing the CC on asset is not enough... You need to do an Asset to Asset trf in order to reflect the same in the Prof Ctr view also

br, Ajay M

[Former Member]

I agree with Sudhakar. You can't delete a cost center once you have posted to it, but you can lock for plan and actual primary and secondary postings in KSH2 on the control tab. You could also post a manual JE to move the balance to the new cost center.

[former_member188063]

Fadi,

In standard hierarchy of cost center you can reassign a cost center to another cost center group which carries the cost in it but you cannot delete it. You can do the cost center reassignment through T-Code KSH2.

Sudhakar*