Profit Center Sap

Profit Center Sap. Profit Center SAP Documentation Profit Center Definition A profit center is an organizational unit in accounting that reflects a managementoriented structure of the organization for the purpose of internal control.

Create Profit Center Step 1) Enter Transaction code KE51 in the SAP Command Field Step 2) In the next screen Enter the controlling area in which the Profit Center is to be created Step 3) In the next screen Enter a unique Id for the Profit Center.

SAP CO Profit Center Tutorialspoint

Key Features of SAP Co Profit CenterWhy Do We Create Profit Center?How to Create A Profit Center?How to Create A Profit Center Group?Profit Center Accounting is used to determine profit for internal areas of responsibility It lets you determine profits and losses using either period accounting or the costofsales approach It allows you to analyze fixed assets by profit center thus using them as investment centers It allows to expand profit centers to investment centers The main aim of creating a Profit Center in SAP CO is to analyze the cost of a product line or a business unit You can also generate P&L accounts according to a Profit Center and also generate balance sheets however a Profit Center should only be used for internal reporting purpose The key components of a profit center include – name of the profit center the controlling area under which it is assigned time period person responsible for the profit center standard hierarchy etc Use the TcodeKE51 or go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center → Individual Processing → Create In the next screen enter the controlling area in which the profit center is to be created and click the tick mark In the next screen enter the unique profit center ID and click Master Data A new window will open where you need to input the following details − 1 Profit center name and a short description of the profit center 2 Person responsible for the profit center 3 Profit center group for which the profit center belongs to Click the Save icon at the top to create the profit center in inactive mode To activate the profit center click the icon as shown in the following screenshot Use the TcodeKCH1 or go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center Group → Create Enter the Controlling Area in which the Profit Center is to be created Enter the Unique Profit Center Group Id as shown below and press Enter Enter the short description for the profit center group and click the Save icon at the top.

Profit Center SAP Help Portal

Definition A profit center is an organizational unit in accounting that reflects a managementoriented structure of the organization for the purpose of internal control You can analyze operating results for profit centers using either the costofsales or the period accounting approach.