Maintain Data Integrity by Implementing Profit Center Planning in the New General Ledger
- by Yu (Kathy) Zhao, Deloitte Consulting LLP, USA
- April 15, 2008
Find out how to implement profit center planning in the new General Ledger and how to transfer planning data from Cost Center Accounting and Profitability Analysis to profit centers.
For SAP ERP 5.0 and 6.0, SAP integrated Profit Center Accounting into the new General Ledger (new G/L), so the profit center planning functionality now resides in the new G/L. The new G/L allows for planning on a broader area, such as a profit center, segment, or functional area, and integration with other areas, such as Cost Center Accounting and Profitability Analysis.
Many organizations now make business plans and forecasts by organizational units, such as profit centers. To align with this, SAP integrated Profit Center Accounting (PCA) into the new General Ledger (new G/L) for releases SAP ERP 5.0 and higher. The new G/L allows for planning on a profit center, segment, or functional area, and for transferring planned data from other areas, such as Cost Center Accounting (CCA) and Profitability Analysis (CO-PA). Planning integration functionality allows businesses to plan in specific areas (e.g., CCA) and subsequently transfer the plan data to PCA, maintaining data integrity and consistency.
I will focus on the planning functionality for profit centers in the new G/L and the integration with CCA and CO-PA planning, as well as how to set up this functionality. I have learned this through my own implementation experience and it is not documented elsewhere.
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