Profit Center Setup

[Former Member]

Hi all,

Please provide a suitable solution for the below mentioned scenario.

The company is having locations in 4 places, say locations 1,2,3&4. In addition to this they have 4 products, say product 1,2,3,&4. The above 4 products are traded in all 4 locations. I need a report to get details of income and expenses of product 1 in location 1&2. Likewise I need a report of combined 2 products under 1 location. Please provide a suitable solution to map this in Business One.

Thanks in advance,

Balaji

[marcella_rivi · Accepted solution]

Dear Balaji,

The profit centre can be used in this case. Under Financial - Cost Accounting it is possible to set up the different profit centres and the distribution Rule.

Kind Regards,

Marcella Rivi

SAP Business One Forums Team

[former_member583013]

Balaji,

Why do you think you need Profit Center? If the locations are setup as individual warehouse then a SQL report can be generated on one of the SAP reports can be used.

Otherwise we can use Projects

Suda

[Former Member]

Hi suda,

Thanks for your reply, what I meant by income & expense is actually profit & loss statement for a particular product or location. If I set location as warehouse I would be knowing only the stock movement rather than invoice payments and indirect expenses towards that goods.

Thanks,

Balaji