PROFIT CENTER ACCOUNTING
This is used to view profitability division
wise /product wise /location wise if business area is not use in FI
Idea scenario
Company
FI
|
Company
code FI
|
Business
area FI
(Location)
|
----------------------------------------------------------------------------------------
| | | |
Steel Cement
Pharma Co-profit center
Division Division
Division Accounting
| |
Product wise Co
profitability
Analysis
Option 1 Option
2
| | | |
Steel Cement Pharma Steel cement Pharma
Profitability Profitability
Balance sheet
The advantage of profit center accounting
is it derives profit center automatically though derivation rules.
A) In case of expenditure Tough cost centers
B) IN case revenues Automatic account assignment
C) In case of balance Though
business area
Sheet it items (Applicable for option 2)
Eg:a) At the time of creation of cost center
assign profit center
Dept
A-Assign profit center steel
b)
At the time of posting
wages a/c Dr 500000 Dept
A
To Bank 500000
It updates cost center Dept A as well as
profit center steel.
We have to create dunning profit center. At
the time of posting, when there is no derivation rules, system updates dummy
profit center. Transfer form dummy profit center to respective center. Create
derivation rule so that future transactions will not go to dummy profit center.
They will go to respective profit centers.
Set
controlling area (OKKS)
Path :SPRO-Controlling –Profit center accounting-Basic
settings-Set controlling area
Give the controlling area :BIL
Enter
Maintain
controlling area settings: (OKE5)
(Follow through path )
Path :Up to base settings the path is same-
Controlling area settings-Maintain controlling area settings
Standard hierarchy :BIL
Select elimination
of business volume check box
Profit center
local currency type :Select 20
Controlling area currency
Select confirm
button
Select store
truncation currency check box
Save
Elimination
of internal business volume
Purchase Material
no. 1
Profit center steel
Order Vendor
no. 1234
| Plant HYD
| Profit
center Steel
| Qty 1 Kg
| Rate 100
Goods
Receipt
It should no take in steel profit center
100+100
It should take only one time
Create
dummy profit center
Path :SPRO-Controlling-Profit center accounting-Master
data-Profit center-Create dummy profit center(Tr code is KE59)
Double click on
dummy profit center
Give the dummy
profit center :BIL
dummy
Select basic data
button
Name :BIL
dummy
Description :Dummy
profit center for BIL
Profit center
group :BIL
Save
Set
control parameters for actual date
Path : Up to basis settings the path is sameà Controlling area settings -Activate direct postings-Set control
parameters for actual data (Tr code is 1KEF)
Select new entries button
From year :2008
Select Line items check box
Select online transfer check box
Save
Maintain
plan versions
Up to activate the path is same
Plan version àMaintain plan version
Select version :0 Plan /Actual
Version
Double click on
settings for profit center accounting folder
Select new entries
button
Year :2008
Select online
transfer check box
Select line items
check box
Exchange rate type
:B (bank selling rate)
Save
Press enter to
save in your request
Define
no. ranges for local documents
A)
At the time of creation of cost
center –Assign profit center
Dept A-Assign
profit center
B)
At the time of posting
Wages A/c 500000 Dept A
To Bank 500000
When there is no
derivation rule –It updates dummy profit center
Transfer from
dummy profit center
To Profit center steel
No FI document
will be generated
No co document
will be generated once profit center document will be generated (local)
Path
:SPRO-Controlling-Profit center Accounting-Actual postings-Basic settings:
Actual –Define number ranges for local documents (Tr code is GB02)
Select maintain groups button
Select actual document from direct posting with GB01 check box
From the menu select interval àMaintain
Give the company code :BIL
Enter
Select interval button
Year :2008
From no :1
To :100000
Enter and save
Press enter to save in your request
Select back arrow
Select planned doc.with direct posting with GB01 check box
Form the menu select interval maintain
Give the company code :BIL
Enter
Select interval button
Year :2008
From no. :100001
To no. :200000
Enter and save
Creation of profit center:
Path
:Accounting-Controlling-Profit center accounting-Master data-Profit
center-Individual processing-Create (Tr code is KE51)
Give the profit center :Steel
Select master data button
Analysis period to :01.04.2008 to
31.12.9999
Name :Steel
Long text :Profit center steel
Person responsible :Mr A
Profit
center group :BIL
select activate button (Shift+F1)
select activate button (Shift+F1)
One more profit
center
profit center
cement
select master data
button
name :Cement
long text :Profit center cement
person responsible :Mr B
profit center group
:BIL
select activate
button
Create account groups
up to master data
the path is sameàAccount
group create (Tr code is KDH1)
Give
the account group name :PLITEMS
( Profit & Loss)
Enter
Description :P
& L accounts for BIL
Select
insert account button
From :300000
To :499999
Save
Select
Back Arrow
Account
groups :BSITEMS
Enter
Description
:Balance
sheet accounts for BIL
Select
insert account button
Form
A/c :100000
To A/c :299999
Save
Assign profit center in
cost center
Path :Accounting-Controlling-Cost center accounting-Master data-Cost
center-Individual processing-Change (KS02)
Give the cost center :Dept
A
Select master data button
Give the profit center :Steel
Select save button or Ctrl+S
Ignore the warning message press enter
Cost center :Dept
B
Enter
Profit center :Cement
Save
Ignore the warning message press enter
Creation of sales
account as revenue element (FS00)
Give the GL account no. :300000
Sales A/c
Company code :BIL
Select edit cost element button
Enter
Cost element category :Select
11 Revenues
Save
Maintain automatic
account assignment of revenue elements
Path :SPRO-Controlling –Profit center accounting –Actual postings-Maintain
automatic account assignment of revenue elements (Tr code is OKB9)
Select new entries button
Company code :BIL
Cost element :300000 Sales A/c
Account assignment details :Select
2 Business area is mandatory
Save
Press enter to save in your request
Select :BIL
with cost element 300000
Double click on detail per business area /valuation area
folder
Select new entries button
Option 1 Option
2
HYD location
|
Steel cement Pharma HYD BGL MUM
300000 | | |
HYDà Steel Steel
Cement Pharma
300001 Sales cement 300000 Sales account
HYDà Cement
300002 Sales pharma HYD à Steel
HYD à Pharma BGL à
Cement
Mum à
Pharma
Business area : BILH
Profit center : Steel
Business area : BILB
Profit center : Cement
Save
Choose
addition balance sheet and p & L accounts
Applicable for second scenario: Application
for second option
Same path à Select choose accounts (Tr code is 3KEH)
select new entries button
Account from :100000
Account to :299999
Default profit
center :Steel
Save
Press enter to
save in your request
Select profit
center determination button
Select crate step
button
Step description :Profit center derivation though
business area for balance sheet
items.
Select drop down
button under name column
Select GSBER
businesses area
Save
Select maintain
rule values button
Select source
field intervals on /off button
Account no.100000
To account
no.299999
Business area :BILH
Profit center :Steel
Account no :100000
To account no. :299999
Business area :BILB
profit center :Cement
profit center :Cement
Save
END
USER AREA
1)
Planning profit center wise for
p & L items
Path :Accounting
–Controlling –Profit center accounting –Planning –cost /Revenues-Change (Tr
code is 7KE1)
Version select :0
From period :8
To period :8
Fiscal year :2008
Company code :BIL
Select next page or page down button
Profit center :Steel
Account group :PLITES
Select from based radio button
Select overview screen button
Per account no.300000 Sales account
Profit center reporting currency :600000
(Minus report currency)
For account no.400100 salaries A/c without any sign
Save
Planning profit center wise for balance sheet items
(Only for second scenario)
Up to planning
the path is same à
Balance sheet accounts change (Tr code is 7KE3)
Version :0
From period :8
To period :8
Fiscal year :2008
Company code :BIL
select next page or page down button
select next page or page down button
Profit center steel
Account group :BSITEMS
Select form based radio button
Select overview screen button
For account :100300
SBI rupee term loan
Profit center reposting currency 20000- with minus sign
For 200105 SBI current account profit centers reporting currency
200000 without any sign
Save
Posting of cash sales (F-02)
Give the document date :Today’s
date
Type :SA
Company code :BIL
Posting key :40
Account no. :200105
(SBI current account)
Enter
Amount :550000
Business area :BILH
Text :sales
posting
Posting key :50
Account no. :300000 (Sales a/c)
Enter
Amount :*
Business area :BILH
Text :+
Form the menu select Document –Simulate and save
Posting of salaries (F-02)
Document date :Today’s
date
Type :SA
Company code :BIL
Posting key :40
Account no. :400100
Salaries a/c
Enter
Give the amount :475000
Cost center :Dept
A
Text :Salaries
posting
Posting key :50
Account no. :200105
SBI current account
Enter
Amount :*
Business area :BILH
Text :+
Document –simulate and save
To View variance report profit center wise for P
& L items
Path :Accounting
–Controlling –Profit center accounting-Information system-Repost for profit
center accounting-Interactive reporting –Profit center group:Plan /actual
/variance (Tr code is S_ALR_87013326)
From period :8
(Current /Running month)
To period :8
Fiscal year :2008
Plan version :0
Profit center values :steel
Profit center accounts groups :PLITEMS
Select execute button
To view variance report profit center wise for
balance sheet items:
Up to
interactive reporting the path is same àProfit center group: Balance sheet accounts plant / Actual /Variance
(Tr code S_ALR_87013336)
From period :8
(Running month)
To period :8
Fiscal year :2008
Plan version :0
Profit center values :Steel
Balance sheet account group :BSITEMS
Execute
Transfer of values from one profit center to another profit center
One cost center works for no.of profit centers we an assign only one
profit center is cost center.
In dept A Profit center steel
From profit
center steel transfer to cement
Manual transfer
through cycles
No.FI document
will be generated
No.CO document
will be generated
Only profit
center document will be generated.
Path :Accounting
–Controlling-Profit center accounting-Actual postings-Profit center document
–Enter (Tr code is 9KE0)
Layout select 8A-001 document
:Profit center /account
Select execute button
Company code :BIL
Select Enter screen button
Profit center :Steel
Account no. :400100
Salaries
In profit center local currency 500000 –(with minus sign)
Profit center :Cement
Account no. :400100
Salaries
Amount :500000
(without minus sign)
Save
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