Profit Center : Diff Account Group and Profit center group

[Former Member]

Hi

What is the difference between <b>profit center group</b> and <b>account group</b> in Profit Center accounting

Regards

KM Naidu

[Former Member · Accepted solution]

Hi KM Naidu,

Profit Centr Grp:

In addition to the standard hierarchy of the controlling area, you can also create alternative hierarchies, which are called "profit center groups". These can be used in planning, in allocations or in the information system.

Unlike the standard hierarchy, the profit center groups do not have to contain all the profit centers in the controlling area. They let you select and regroup several profit centers in a meaningful way.

Acct Grp: Grouping of Accts based on certain creteria.

Regards

Ashish Bohara

[Former Member]

Satisfied with the answer