what is dummy cost center? what is the need to create it?

Answers were Sorted based on User's Feedback



what is dummy cost center? what is the need to create it?..

Answer / dhananjoy tripathy

There is no such dummy cost center in sap onlu dummy profot center available, so dummy profit center is created to take care any missing confrigration in controling.suppose in profit center, cost center is missing in this case dummy profit center will take care of this missing value.

i think it will help you out...

Is This Answer Correct ?    4 Yes 2 No

what is dummy cost center? what is the need to create it?..

Answer / afreen

dummy cost center is created to equall the balence amount,
which we have to pay at year end, instead of transfering
the amonut to concerned cost center monthly we transfer
that to dummy cost center after year end we eqaull the
balence , eg salary/wages bonus its calculated for 12
months and its distributed in equally in 12 months,first we
transfer that in dummy cost center and at year end we
transfer that to concerned cost center ,

if i am worng plz guide me

Is This Answer Correct ?    7 Yes 6 No

what is dummy cost center? what is the need to create it?..

Answer / md. siraj

The use of Dummy profit center is, those cost center against no profit center assigned on those incident system automatically transfer the data to DP center, at the time period end this data will distribute their respective cost center using cycles. like
1. Assessment cycle.
2. Distribution cycle.

Is This Answer Correct ?    1 Yes 1 No

what is dummy cost center? what is the need to create it?..

Answer / abhi

Dummy profit center: When you are not sure to which PC
the amount should go, then post it to Dummy PC, later apportnate it to correct PC.

Is This Answer Correct ?    1 Yes 2 No

what is dummy cost center? what is the need to create it?..

Answer / k.prathima

one time vendor also called dummy vendor

Is This Answer Correct ?    0 Yes 3 No

what is dummy cost center? what is the need to create it?..

Answer / sekhar

there is dummy profit center no dummy cost center

Is This Answer Correct ?    5 Yes 11 No

what is dummy cost center? what is the need to create it?..

Answer / nampallisreenivas

Dummy cost center is a cost center which is not existed
in the company.
It is used to reduce the cost of the product at the time of
accrual calculation by giving credit to this dummy cost
center

Is This Answer Correct ?    2 Yes 10 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What do you understand by variance calculation in period end closing? : cost center accounting

0 Answers  


About Asset Master Data 'Expired Useful Life', anyone can tell me why the Expired Useful Life of an asset did no updated automatic monthly after few months depreciation posted (etc. Apr, May, Jun)? and it stopped at the end of company calendar year (etc. March - Period 12). The legacy data has been migrated into SAP and it's capitalized more than 1 calendar year. Thanks.

1 Answers   Siemens,


How many co codes can be asigned to a single controling are and what is basic requirements?

5 Answers   HP,


Tell me about the tax reports in sap

0 Answers  


Tell me about FI Organizational structure.

12 Answers   Infosys,






What are all the settings you need to do before running the automatic payment?

4 Answers  


Overview of G/L account :- Dear, what type of G/L account use in SAP.How to see all type of G/L account in sap those are used in a organization.

0 Answers  


What is archiving? How does it differ from deletion? : fi- general ledger master data

0 Answers  


please explain fi-sd integration with dtailed, thank u

3 Answers  


Hi Friends, How do project mgt.,fm area,work flow variant,inflation method helps in OBY6?

0 Answers  


what area are you specialized in accounting?

4 Answers   ABB,


Hello ALL My user posting the frieght clearing he is getting error on Bill Accounting issue frieght clearing provision account is not getting cleared at the time of accounting He has done sucessfully GRN but in account frieght clearing in not appering can any body give me suggestion on same Regards vamsi

2 Answers   Alstom,


Categories
  • SAP Basis Interview Questions SAP Basis (1262)
  • SAP ABAP Interview Questions SAP ABAP (3939)
  • SAPScript Interview Questions SAPScript (236)
  • SAP SD (Sales & Distribution) Interview Questions SAP SD (Sales & Distribution) (2716)
  • SAP MM (Material Management) Interview Questions SAP MM (Material Management) (911)
  • SAP QM (Quality Management) Interview Questions SAP QM (Quality Management) (99)
  • SAP PP (Production Planning) Interview Questions SAP PP (Production Planning) (523)
  • SAP PM (Plant Maintenance) Interview Questions SAP PM (Plant Maintenance) (252)
  • SAP PS (Project Systems) Interview Questions SAP PS (Project Systems) (138)
  • SAP FI-CO (Financial Accounting & Controlling) Interview Questions SAP FI-CO (Financial Accounting & Controlling) (2766)
  • SAP HR (Human Resource Management) Interview Questions SAP HR (Human Resource Management) (1180)
  • SAP CRM (Customer Relationship Management) Interview Questions SAP CRM (Customer Relationship Management) (432)
  • SAP SRM (Supplier Relationship Management) Interview Questions SAP SRM (Supplier Relationship Management) (132)
  • SAP APO (Advanced Planner Optimizer) Interview Questions SAP APO (Advanced Planner Optimizer) (92)
  • SAP BW (Business Warehouse) Interview Questions SAP BW (Business Warehouse) (896)
  • SAP Business Workflow Interview Questions SAP Business Workflow (72)
  • SAP Security Interview Questions SAP Security (597)
  • SAP Interfaces Interview Questions SAP Interfaces (74)
  • SAP Netweaver Interview Questions SAP Netweaver (282)
  • SAP ALE IDocs Interview Questions SAP ALE IDocs (163)
  • SAP Business One Interview Questions SAP Business One (110)
  • SAP BO BOBJ (Business Objects) Interview Questions SAP BO BOBJ (Business Objects) (388)
  • SAP CPS (Central Process Scheduling) Interview Questions SAP CPS (Central Process Scheduling) (14)
  • SAP GTS (Global Trade Services) Interview Questions SAP GTS (Global Trade Services) (21)
  • SAP Hybris Interview Questions SAP Hybris (132)
  • SAP HANA Interview Questions SAP HANA (700)
  • SAP PI (Process Integration) Interview Questions SAP PI (Process Integration) (113)
  • SAP PO (Process Orchestration) Interview Questions SAP PO (Process Orchestration) (25)
  • SAP BI (Business Intelligence) Interview Questions SAP BI (Business Intelligence) (174)
  • SAP BPC (Business Planning and Consolidation) Interview Questions SAP BPC (Business Planning and Consolidation) (38)
  • SAP BODS (Business Objects Data Services) Interview Questions SAP BODS (Business Objects Data Services) (49)
  • SAP BODI (Business Objects Data Integrator) Interview Questions SAP BODI (Business Objects Data Integrator) (26)
  • SAP Ariba Interview Questions SAP Ariba (9)
  • SAP Fiori Interview Questions SAP Fiori (45)
  • SAP EWM (Extended Warehouse Management) Interview Questions SAP EWM (Extended Warehouse Management) (58)
  • Sap R/3 Interview Questions Sap R/3 (150)
  • SAP FSCM Financial Supply Chain Management Interview Questions SAP FSCM Financial Supply Chain Management (101)
  • SAP WM (Warehouse Management) Interview Questions SAP WM (Warehouse Management) (31)
  • SAP GRC (Governance Risk and Compliance) Interview Questions SAP GRC (Governance Risk and Compliance) (64)
  • SAP MDM (Master Data Management) Interview Questions SAP MDM (Master Data Management) (0)
  • SAP MRS (Multi Resource Scheduling) Interview Questions SAP MRS (Multi Resource Scheduling) (0)
  • SAP ESS MSS (Employee Manager Self Service) Interview Questions SAP ESS MSS (Employee Manager Self Service) (13)
  • SAP CS (Customer Service) Interview Questions SAP CS (Customer Service) (0)
  • SAP TRM (Treasury and Risk Management) Interview Questions SAP TRM (Treasury and Risk Management) (0)
  • SAP Web Dynpro ABAP Interview Questions SAP Web Dynpro ABAP (198)
  • SAP IBP (Integrated Business Planning) Interview Questions SAP IBP (Integrated Business Planning) (0)
  • SAP OO-ABAP (Object Oriented ABAP) Interview Questions SAP OO-ABAP (Object Oriented ABAP) (70)
  • SAP S/4 HANA Finance (Simple Finance) Interview Questions SAP S/4 HANA Finance (Simple Finance) (143)
  • SAP FS-CD (Collections and Disbursements) Interview Questions SAP FS-CD (Collections and Disbursements) (0)
  • SAP PLM (Product Lifecycle Management) Interview Questions SAP PLM (Product Lifecycle Management) (0)
  • SAP SuccessFactors Interview Questions SAP SuccessFactors (33)
  • SAP Vistex Interview Questions SAP Vistex (0)
  • SAP ISR (IS Retail) Interview Questions SAP ISR (IS Retail) (28)
  • SAP IdM (Identity Management) Interview Questions SAP IdM (Identity Management) (0)
  • SAP IM (Investment Management) Interview Questions SAP IM (Investment Management) (0)
  • SAP UI5 Interview Questions SAP UI5 (59)
  • SAP SCM (Supply Chain Management) Interview Questions SAP SCM (Supply Chain Management) (51)
  • SAP XI (Exchange Infrastructure) Interview Questions SAP XI (Exchange Infrastructure) (49)
  • SAP Cloud Platform Interview Questions SAP Cloud Platform (34)
  • SAP Testing Interview Questions SAP Testing (89)
  • SAP SolMan (Solution Manager) Interview Questions SAP SolMan (Solution Manager) (63)
  • SAP MaxDB Interview Questions SAP MaxDB (116)
  • SAP GUI Interview Questions SAP GUI (15)
  • SAP AllOther Interview Questions SAP AllOther (329)