Profit Center Accounting in ECC 6.0 New GL Accounting
I want to make my understanding clear.
If we are in ECC 6.0 and New GL accounting is active and also the One of the Document Spliiting characteristics is Profit Center, it means that all the document must have the Profit center to it.
In this way we can get the Profit center wise Balance sheet.
I hope my understing is clear till now. Please correct me if I am wrong.
Now with this, my next question is , do we really need to Configure the Profit Center Accounting node Under controlling?
If yes, why to do this? Because if we require Distribution or assessment cycle for the Profit center, it can be done through General Ledger Accounting node (New) period end closing process.
Please correct me if I am wrong.