Can u suggest how to create new profit and cost center in company code, all ready we have six profit center need to create one more profit center for new product.
How to Create a Profit Center?
Use the T-code KE51 or go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center → Individual Processing → Create.
In the next screen, enter the controlling area in which the profit center is to be created and click the tick mark.
In the next screen, enter the unique profit center ID and click Master Data.
A new window will open where you need to input the following details − Profit center name and a short description of the profit center. Person responsible for the profit center. Profit center group for which the profit center belongs to.
Click the Save icon at the top to create the profit center in inactive mode. To activate the profit center, click the icon activate button.
How to create a new COST CENTER: SAP KS01
Step 1) To create a Cost Center , Enter KS01 into SAP transaction code box.
Step 2) In the next SAP screen
Optional - In the Reference section:
In this tutorial, we will create a cost center without a reference.
Step 3) Click Master Data Button
Step 4) In the Names section: In the Name field, enter the name of the new cost center. In the Description field, enter a description for the new cost center. In the Basic Data section: Enter the Person Responsible.
Step 5) In the Basic Data section: Enter the Person Responsible Select W (Administration) for Cost Center Category. Select the Hierarchy area. Enter the Company Code. The Currency will default based on the earlier selections.
Step 6) On the Control tab select the appropriate indicators.
Step 7) Click Save. New Cost Center is created.