Difference between Business area and Profit center

Posted by on 9 January, 2012
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This item was filled under [ SAP Misc ]

Elaborate the below two terms in detail.

1. What is the relation of business area and company code.

2. What is the relation of business area with profit center.

 

1. What is the relation of business area and company code.

Business Areas can be used across different company codes and are mainly used for different product or business segments for which a company wants to have separate financials.

Business Area is External Reporting Purpose, Company code is Maintain Legal Enity.

2. What is the relation of business area with profit center.
Profit centre on the other hand can be related to specific location resposible for generating profits which  may be through different products segments symbolising different business areas

Profit centre is classifed according to the revenue earning oints in the org,

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Debit notes settlement rule

Posted by on 6 January, 2012
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This item was filled under [ SAP Misc ]

Question:

When an expence is born on behalf of another group company, we want to raise a dr note expecting the group company to pay for.
the issue in this,
We need to find out how to set up a debite note that I could expect to settle on a combination GL account / Cost centre.
DR – Receivables
CR – Expense account of a cost centre
 can I nominate a specific  GL account to settle the Dr note in this process? Thus making the particular GL account nil balance end of the month.
Solution:
These solution is to Debit related ledger and Credited is to Related Expenses.
If its a Inter Branch transaction so make a transfer entry between the branches.
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RAR v/s GL Configuration

Posted by on 6 January, 2012
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This item was filled under [ SAP Misc ]

Question:

What is the difference between RAR configuration and GL configuration. My past projects had testing areas like RAR, OTC and PTP. But I never understood the logic why they are not bifurcating processes as GL, AR and AP.

 

Answer:

RAR(or R2) It consists of Intercompany, Bank reconciliation, Asset accounting and Reporting
OTC means Order to cash business process relevant to SD
PTP means procure to pay business process relevant to MM

 

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Account Determination Key for Clearing Taxes

Posted by on 6 January, 2012
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This item was filled under [ SAP Misc ]

Problem:

I am assigning gl accounts in OBYR for “special gl transactions”.

I am not able to understand what need to be assigned in “input tax clearing” &
what is the logic of defining key in “Acct Determination Key for Clearing Taxes
on Sales/Purchases”.

Please advice what need to be defined here.

 

Solution:

This functionality is available inorder to generate seperate offsett line item of amount equal to tax amount i.e. without deducting the amount from gross amount to be posted against vendor.
You can refer to below link for better understanding.
Click Here</a>
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Saving Variant in Transport Request

Posted by on 5 January, 2012
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This item was filled under [ SAP Misc ]

Issue:

I wish to transport certain Variants from Development to Production;
I am following below steps :-
Go to SE38
Enter the program name
Select variant radio button
Click on display
In the menu, Utilities->Transport request
Select the variant you want to transport.
After following all above steps what I need to do?
What is the last step?
It is not going in my TR?  From SE01 I am checking my TR whether variant get saved there or not…
Solution:
Answer is

Last step is execute
 save it in one of your workbench request;
This has to be saved in Customizing TR
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