on 01-25-2012 5:57 AM
Hello Experts,
As of now we have not entered profit centre in material master.
Is it necessary to maintain the profit centre in material for any scenario?
If yes can you please explain me those scenarios.
Thanks in Advance,
Satya
Hello
If you want the expense postings to happen to profit centers then you need to enter the profit center in the cost center. This will help you in getting a P & L for each profit center.
Sangram
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Hello Sangram,
Thanks for the reply...
Can you please clarify me that there is one field lProfit Centre under Costing1 tab of the material master.
Is it neccesary to give the profit centre there in that field.
If yes, can you please let me know the reason for that. i mean the exact functionality of the profit centre in material master.
Correct me if am asking anything wrong..
Thanks
Satya
hi
yes u need to enter, it will be helpful for profit center reporting, when u post consumption of any material as these account are automatically picked, u can not enter any profit center like wise u enter in manual jv posting. the consumption of this material will be updated to profit center
krishn
Hi,
I think through the activity types all the exp/revenues whatever it is will be updated to the costcentre,
and we will link the cost centre with profit centre then automatically the data will flow from cost centre to profit centre.
then why we need to maintain again here??
Please correct me if am wrong.
Thanks,
Satya
thanks all
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