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Chapter 18 ■ Customizing the Controlling Module
Figure 18-35. The screen where you update the profit center accounting settings
Update the following fields:
Years: Enter the years you want to maintain versions for in your profit center.
Make sure this includes the fiscal year.
Line Items: This option allows you to display line items in your report.
ExRateType: The system comes with predefined exchange rates to choose
from for your cost planning. Exchange rate type “M” used in this exercise is for
standard transactions at average rates.
Click the Enter button to confirm your entries and save .
Define Standard Hierarchy for Profit Centers
A standard hierarchy is simply a tree structure that allows you to structure profit centers in a controlling area;
it shows the divisions responsible for generating profit in profit center accounting.
Before you define a standard hierarchy, it is important to map out the profit center’s hierarchy that you
will be using as a guide. Because of the complexities involved in customizing standard hierarchies, there
is no standard way of doing this. It is important that you spend time mapping out your standard hierarchy
before commencing your configuration. We provide a standard hierarchy mapping in Table 18-8 as an
illustration to help you define a standard hierarchy for your profit centers.
Problem: Company C900 Plc has asked you as their functional consultant to define the
standard hierarchy for their profit centers in controlling area C900, using the data in Table 18-8.
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