Answer / samrat chatterjee

yes u can, bcoz cost center has to assign with profit
centers.

Answer / vivek

Suppose if you you select in filed status group as "Cost
Center" and checked profit center as a required field.Then
definately we need to create profit center first before
creating cost center.

Answer / k.l.paliwal

Cost Center is real object whereas Profit Center is Statistical object. Hence Profit Center is required to assign while creating Cost Center which ensure all postings flows into Profit Centers. For correct financial reporting at Profit Center Level, we need to create Profit center before creation of Cost center.

Answer / david y

no, you do not have to. If you do not need PCA, can even
leave it.

Answer / mangaiah

first of all we create cost centers , after that we create
profit centers

after creation of profit centers ,
profit centers assign in cost centers transaction code is KS02

Do you know Characteristics in SAP System ?

3 Answers   Accenture, TA,

Hello all, a doubt on F-32 knock off clearing. I am using F-32, partial payment tab, for knocking off between Receivable (DR) and Collection (DZ). Senario: If the collection amount (DZ) is more than receivables (DR), after the entry when i check in FBL5N and F-32 open items, the Collection (DZ) amount is unchanged eventhough a part of the amount is paid against Receivables DR. Lets say, DR-500, DZ - 1000. After entry DR gets cleared. but DZ remain 1000. Could any one help me on this?

3 Answers   Wipro,

WHAT IS THE MEANING OF SORT KEY? WHY DID U SELECT AT THE TIME OF GL CREATION? WHAT IS THE DIFFERENCE BETWEEN ACCOUNT CURRENCY AND CO.CODE CURRENCY AND ONLY BALANCES IN LOCAL CURRENCY?

7 Answers  

What type of ticketing tool is used in FI to solve the errors?

3 Answers   Cognizant,

What is Down Payment? Can we create down payment for one time vendor or customer it is possible if it is possible explian?

1 Answers   L&T,

What is the difference between asset accounting and asset class?

0 Answers  

how to do dunning for vendor? what are the purposses of dunning for vendors? pls can you guys give me the answer with one example?

2 Answers  

What does document header control?

8 Answers  

SAP FICO_AutoBank Tool

1 Answers  

Why we do manual clearing?

0 Answers  

How many Normal and Special periods will be there in fiscal year, why do u use special periods?

6 Answers  

Why doesn't the system allow you to change the tax category in a gl account master? : fi- general ledger accounting

0 Answers