Answer / muthuraj

Standard Hierarchy is the top node of the group company.

We can create all company's profit center under this
hierarchy. We can compare company's profit center analysis
report. Each profit center linked with the Standard
hierarchy, otherwise we can not call the individual profit
center at the time.

Answer / deepak

Hi

Does not know much on profit centre accounting, but little
bit knowledge.
Standard hierarchy is like a organsiation structure which
would have profit centres groups and profit centres mapped
each group and inturn group is mapped to higher level.

Answer / sandy

standard hierarchy:client-->operating concern-->company---
>controlling area--->company code--->business area.

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