What Is Profit Center Accounting In SAP? Profit Center Accounting is used to determine profit for internal areas of responsibility. It lets you determine profits and losses using either period accounting or the cost-of-sales approach. It allows you to analyze fixed assets by profit center, thus using them as investment centers. What is profit center
What Does A Profit Center Manager Do? A profit center manager is going to have to both increase sales by generating additional revenue and decrease costs as a percentage of revenue. Failure to do so will have a disproportionate effect on the entire company, compared to managers in other areas. What does a profit centers
What Is Cost Element SAP? Cost elements classify an organization’s valued consumption of production factors within a controlling area. They provide information concerning the value flow and value consumption within the organization. A cost element corresponds to a cost-relevant item in the chart of accounts. Note. What is a cost element group in SAP? Cost