In this topic, we described about the Profit Center Group and Create Profit Center Group process along with technical information.
Profit Center Group contains set of profit centers that are having similar characteristics. Profit center accounting is an organizational unit which reflects organization management-oriented structure for internal control.
Profit Center Accounting evaluates the individual, independent areas profit or loss of within an organization.
Create Profit Center Group: -
Below process is to create profit center group TEST01 (Test Profit Center Group).
Step-1: Go to transaction KCH1.
Go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center Group → Create.
Step-2: Select the Controlling Area and click on right mark to proceed.
Step-3: Enter Profit Center Group name and Short Description. Press Enter to proceed.
Step-4: Click on Save icon to complete the profit center group.
Step-5: Status bar displays the below message once the profit center group created successfully.
Technical details: -
- Transaction: KCH1
- Menu Path: Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center Group → Create