whats the difference between business area and profit center.
Answer Posted / suraj.m
Business area: Business area is an organisational unit which corresponds to any specific Business segment. It helps in segment reporting.
Profit center: This is an internal area of a company that have the responsibility to achieving the target profits.
Major difference: Distribution and assessment is possible in Profit center but not in the Business area.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
How are scrap variances calculated?
What is the meaning of accrual calculation? : cost center accounting
Explain about a shortened fiscal year?
What is a country chart of accounts?
What is the difference between business area and profit center?
What is a 'value field' in the co-pa module?
How do you go about configuring material ledger?
In sap what is the use of fsv ( financial statement version) ?
Can you please explain the process of DMEE.
How do you create tasks? What is the max number of tasks you created in your previous projects ?
How do you release blocked invoices for payments? : fi- accounts payable
What is an asset master? : fi- asset accounting
How do you manage relationship between two currencies in sap fi?
What is an account group? : fi- general ledger accounting
what is drilldown reports? tell me about characteristics & key figures.