Transferring Balance Sheet Items to Profit Center Accounting
Description
You can copy selected balance sheet items (assets, material stocks, work in process, receivables and payables) into Profit Center Accounting at the end of each period. This makes it possible to display fixed capital on profit centers. You can transfer the first three items using three reports which you can find in the application menu under "Period closing -> Trans. bal. sheet item -> Assets / Material stocks / Work in process".
If desired, you can distribute the items to more than one profit center using the actual data distribution (for example, for assets that are used by several profit centers).
The receivables and payables are posted to Profit Center Accounting in connection with month-end closing in the general ledger. To do so, you first need to divide the open items according to profit centers in the General Ledger under the menu option "Periodic processing -> Month end reports -> Subsqt BA/PC adjstmt -> Calculate".
You can also display exchange rate differences and cash discounts for profit centers. This is also done under "Periodic processing -> Month end reports -> Prof.segment adjstmt".
In Release 3.0C, it is possible to transfer additional balance sheet items to Profit Center Accounting. Functions are available for carrying balances forward as well as for transferring the opening balance.
Change system parameters in customizing
By default, the balance carried forward is initially 
allowed.
Balance carried forward accounts are also defined.