Summary -

In this topic, we described about the below sections -

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.

Profit Center Group

(OR)

Go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center Group → Create.

Profit Center Group

Step-2: - Select the Controlling Area and click on right mark to proceed.

Profit Center Group

Step-3: - Enter Profit Center Group name and Short Description. Press Enter to proceed.

Profit Center Group

Step-4: - Click on Save icon to complete the profit center group.

Profit Center Group

Step-5: - Status bar displays the below message once the profit center group created successfully.

Profit Center Group

Technical details -

  • Transaction: KCH1
  • Menu Path: Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center Group → Create