SAP Note 321190 - Difference between business area and profit center

Component : Business Area Accounting - Profit Center Accounting

Solution : https://service.sap.com/sap/support/notes/321190 (SAP Service marketplace login required)

Summary :
This SAP Note details positioning and implementation aspects for "Business Area" and "Profit Center" within SAP Systems, referencing system versions up to Release 4.6C, R/3 Enterprise, and mySAP Financials. It discusses the roles of these entities in external reporting and internal controlling. Key functions include financial statement presentation and the impact on various Controlling (CO) and logistics objects. The Note indicates shifting convergence trends between external and internal accounting frameworks, specifically highlighting future developmental focuses on the profit center entity in new financial accounting systems.

Key words :
internal transfer prices represent additional developments, foreign currency valuation function required, relevant data affecting net income, document splitting rules delivered corresponds, display profitability key figures, classic general ledger accounting, business areas generally spans, post balance sheet adjustment, business area accounting function, active business area accounting

Related Notes :

756146SAP ERP new General Ledger: General information