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How is cost center accounting related to profit center?
michael_fico Fri Mar 23, 2012 6:30 pm
In the master data of the Cost Center there is a provision to enter the
profit center. This way all costs which flow to the cost center are also
captured in the profit center.
Cost centers are basically created to capture costs e.g. admin cost center,
canteen cost center etc
Profit centers are created to capture cost and revenue for a particular
plant, business unit or product line.
profit center. This way all costs which flow to the cost center are also
captured in the profit center.
Cost centers are basically created to capture costs e.g. admin cost center,
canteen cost center etc
Profit centers are created to capture cost and revenue for a particular
plant, business unit or product line.
michael_fico- Posts : 163
Join date : 2012-03-23
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