Mufid Solution

The main purpose of Profit center accounting is to determine profit for internal areas of responsibility. By Assigning balance sheet items (Fixed assets,Receivables and Payables, Stocks) to profit centers, we can analyze our company’s fixed asset by profit center. Profit centers can be set up according to product lines, geographical factors (region, offices or production sites) or function (production, sales). We divide our business into profit centers by assigning the profit centers to the various master data (materials, cost centers, orders, projects, Sales orders, assets, cost objects and profitability segments). Every profit center is assigned to the organizational unit controlling area. Profit Center evaluates the revenues and costs for a particular Project,product line, or a plant or a business unit. Though you can generate balance sheets and profit and loss accounts per Profit Center still a profit center should basically be used as a tool only for internal reporting purposes.

1. What is IO? IO is a cost object that collects costs for the management information system and, in some instances, revenues for an organization. IOs can be used to: ■ Monitor the costs of short-term measures ■ Monitor the costs and revenues related to a specific service ■ Monitor ongoing costs 2. IOs are divided according to function into the following categories: ■ Overhead Orders—Overhead orders monitor subareas of indirect costs arising From short-term measures. They can also be used for detailed monitoring of Ongoing plans and actual costs independent of organizational cost center structures and business processes. ■ Capital Investment Orders— Capital investment orders monitor investment costs, which can be capitalized and settled to fixed assets. ■ Accrual Orders— Accrual orders monitor period-based accrual between expenses Posted in FI and accrual costs in CO. ■ Orders with Revenues— Orders with revenues monitor the costs and revenues arising from activities

Go To SE11  ⇒  Click on Database Table ⇒  Enter * and press F4  ⇒  Select the Development Class  ⇒  Press F4  ⇒  You get a list of Objects and also – SAP Applications button ⇒   Click on that  ⇒  Select Financial Accounting TABLE NAME DESCRIPTION IMPORTANT FIELDS FINANCIAL ACCOUNTING FBAS FINANCIAL ACCOUNTING “BASIS” BKPF Accounting Document Header MANDT / BUKRS / BELNR / GJAHR BSEG Accounting Document Segment MANDT / BUKRS / BELNR / GJAHR / BUZEI BSIP Index for Vendor Validation of Double Documents MANDT / BUKRS / LIFNR / WAERS / BLDAT / XBLNR / WRBTR / BELNR / GJAHR / BUZEI BVOR Inter Company Posting Procedure MANDT / BVORG / BUKRS / GJAHR / BELNR EBKPF Accounting Document Header (docs from External Systems) MANDT / GLSBK / BELNR / GJHAR / GLEBK FRUN Run Date of a Program MANDT / PRGID KLPA Customer / Vendor Linking MANDT / NKULI / NBUKR / NKOAR / PNTYP / VKULI / VBUKR / VKOAR KNB4 Customer Payment History MANDT / KUNNR / BUKRS KNB5 Customer Master Dunning D