2600391 - How to Derive Profit Center for Tax Line Items in Journal Entry of Customer Invoice

In the journal entry resulting from a customer invoice, it is expected that the profit center is automatically derived for the tax line items.

SAP Business ByDesign

1. Go to the General Ledger work center.
2. Go to the Journal Entries subview.
3. Find the journal entry of customer invoice XYZ and open it (XYZ means the customer invoice ID).
4. For line items in the Taxes subledger, it can be observed that the profit center is not derived from the preceding documents, even though the profit center and segment were assigned in those documents.

For line items in the Accounts Payable, Accounts Receivable, Cash, and Taxes subledgers, a profit center is derived only when profit center segment accounting with clearing or balancing is in use.

1. Go to the Business Configuration work center.
2. Go to the Overview view.
3. Search and open the Set of Books activity.
4. Edit Set of Books for the company.
5. Under General tab, for Reporting Principle, use profit center segment accounting with clearing or with balancing, for example:

• Profit center & segment, balancing.
• Profit center & segment, clearing.
• Function of exp, profit ctr/seg, balancing.
• Function of exp, profit ctr/seg, clearing.
  
  The reporting principle can be changed according to the relevant business requirements.

Reporting Principles

Derivation of Profit Centers and Segments

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