Nội dung text 4. Profit center.pdf
Profit center accounting Profit Center is an organizational unit used for internal reporting purposes. It allows a company to track the financial performance (i.e., revenues and expenses) of different areas of the business, such as a department, product line, or geographical region. By doing this, the organization can analyze which areas are performing well or need improvement. Example: Let’s say a company manufactures and sells two types of products: Furniture and Electronics. The company wants to track the profitability of these two lines separately. Profit Center 1: Furniture Division Revenues: Sales from furniture products. Expenses: Costs associated with manufacturing, marketing, and selling furniture. Profit Center 2: Electronics Division Revenues: Sales from electronics products. Expenses: Costs related to production, logistics, and sales of electronics.
Configuration: 1. Set controlling area Tcode: OKKS Path: Execute Give controlling area and press enter.
3. Define dummy profit center Tcode: KE59 Path: Execute. Double click on create dummy profit center.