Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Is Profit Center is created before Cost Center in CO ? if
yes, then why?

Answer Posted / 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.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I am interested in how to write Functional Specicification documents to be passed on SAP ABAP Consultants. After the Fit/Gap Analysis the RICEFW objects will be derived and functional specicifications will be written for the ABAPers to work on. I would be happy if anyone could send me examples, templates and explanations. Thanks Jay

1857


What are the features of APP programing

2162


What is the time-dependent data in an asset master? : fi- asset accounting

1077


How do you create an asset accounting company code? : fi- asset accounting

1044


Q.what type of issues you are getting and tell me some issues in asset acctng,fi-mm,co?

1968


Which server configurations of mysap business suite will be supported on linux?

1109


What is posting period variants?

1059


Describe a purchase cycle? : fi- accounts payable

1152


Why doesn’t the system allow you to change the tax category in a version? : fi- general ledger

989


Hi Experts could u please me some questions with answers like they will ask in interview for experiences peoples to test whether they are experiences or not? its urgent.

1660


What is a document in sap? : fi- general ledger accounting

1071


Define meta data, master data and transaction data?

1174


Explain what is recurring entries and why are they used?

985


Explain about the tax reports in sap?

1096


I have a customer and I have a special agreement with him that he always come to my premise and takes delivery and making by cash. In this case instead of debiting customer you have to debit the cash account. Is this possible ? If so how and why and If not how and why ?

1479