Company Code

In Customizing (IMG) for Cost Center Accounting (CO-OM-CCA), you assign one or more company codes to your controlling area (see: Assigning Controlling Areas and Company Codes).

A cost center can be assigned to only one company code. If you define a one-to-one assignment between controlling area and company code, you cannot enter the company code in the cost center master data. The company code is set by the SAP System. If the assignment is not one-to-one (cross-company-code cost accounting), you can enter the company code when you edit the master data.

Business Area

When defining a company code, you can specify whether the SAP System should create a balance sheet or a profit and loss (P/L) statement for each business area. If you assign a cost center to this company code, you must also specify the assignment to a business area in the cost center master data.

Profit Centers

In Customizing (IMG) for Cost Center Accounting, you must specify whether Profit Center Accounting (EC-PCA) is active in the controlling area (see: Processing Controlling Areas). If Profit Center Accounting is active, the system issues a warning message if you have not entered a profit center in the cost center master data.

Currency

The object currency is always valid only for the fiscal year in which you create it. You cannot change it during the fiscal year.

To do so would mean that the values stored in the totals records are no longer correct due to exchange rate fluctuations. The system does not permit such changes.

Joint Venture

In the SAP System, a joint venture is a collection of cost objects, whose costs are broken down on partners. Normally a joint venture is managed by an operator that carries the incurred costs. At period-end, the costs incurred are broken down and allocated to the appropriate partners.

You activate the Joint Venture field in the global parameters of the company code (in the Implementation Guide (IMG) for Financial Accounting, under  Financial Accounting Global Settings Company Code Enter Global Parameters JV Accounting active ).

If at least one company code with active joint venture is assigned to the controlling area, the Joint venture function is available in the Cost Center Maintenance Basic Screen. You can make the necessary entries for the joint venture in a dialog box.

Logical System

If you are using distributed Cost Center Accounting (Application Link Enabling (ALE)) and you have selected distribution method 2 (decentralized Cost Center Accounting) in the controlling area, you should enter the master system of the cost center in the Logical system field.

For a more detailed description of working with distributed Cost Center Accounting, see the SAP Library, under  Cross-Application Components Business Framework Architecture Business Process Library CA-BF ABL Library of ALE Business Processes Accounting Accounting <-> Accounting Distribution Scenarios Distribution of Applications and Application Interfaces Overhead Cost Controlling (CO-OM) Cost Center Accounting .