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planning revenue in cost center

Former Member
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how to post revenue planning in cost centers to a profit center?.

planning revenue cost element in cost center results as statistical post in cost center and does not transfer to the profit center.

I need to be able to present this revenue planning in the profit center.

I appreciate an advice on this subject.

thank you.

Edited by: amalia weisel on Oct 18, 2008 5:35 AM

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Answers (2)

Answers (2)

Former Member
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Hello

Cost can hold revenue item for reporting purpose only meaning revenue will be a statistical data with cost object cost center

So revenue planning should be with profit center level

Regards

Dinabandhu

Former Member
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Cost Centres are for planning costs.

Revenue is planned on a Profitability Segment, Sales order which has been enabled for costing, or WBS or Internal order which has been enabled to receive revenue.

BTW, Profit centres are not CO objects, which is why you need one of the above. Alternatively you can create your Revenue accounts as GL accounts only, then you don't need the cost objects.

Former Member
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thank you for your replay.

you are right saying what you did, the problem is that planning had already done before i arrived to this company and they did plan rev. in cost center.

that is why i'm noe searching for a way to transfer it to profit center.

thank you

amalia