whats the difference between business area and profit center.

Answer Posted / subrajit321

The major difference between profit center and business are is business area is maintained in client level and within one client you can use any business area ,But Profit center is maintained in CO area level,
business are is the optional in new gl concept where as profit center is mandatory in new gl concept...

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How often we modify costing sheet?

1735


hello sap guru's...while creating outbound delivery VL01n i getting a error..msg no VL461,VL248..i saw solution step's in sap.scn.com....even i could not proceed this outbound delivery..plz give a detailed explanation to solve error..thanking u senior's...junior

6953


What is an activity type? For each work center what are different activity types that can be performed? : cost center accounting

587


What is known as a repeat run in the depreciation process? : fi- asset accounting

627


Why it is necessary to block an asset master record? : fi- asset accounting

676






What are the customizing prerequisites for document clearing?

802


What is the use of value field in the co-pa module? : cost center accounting

567


What is the difference between distribution and assessment?

596


How currencies are maintained in sap system? : cost center accounting

616


What is a (tax) jurisdiction code?

629


How data flows from co to copa? : co-pa

638


What do you mean fixed characteristic fields? : co-pa

617


Where to assign activity type in cost centers? Or how to link cost centers & activity types?

604


How do you create new status groups for capital spending accounts and revenue accounts? What are the steps and the T codes used?

1774


How do you take the balances onto fixed asset reconciliation accounts during data take-on?

580