AC610 - Profit Center Accounting

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Course Description

About the Course

This course provides the information of an organization’s profit and loss. The method which can be utilized for profit center accounting is period accounting. Profit centers can be set-up to identify product lines, divisions, geographical regions, offices, production sites or by functions. Profit centers are used for internal control purposes enabling management the ability to review areas of responsibility within their organization.

Objectives

  • Configuration of Profit Center Accounting
  • Understand and apply the integration of Profit Center Accounting to actual value flows and plan scenarios
  • Form flexible reporting structures

Target Audience

  • Project team
  • Accounting employees responsible for profit reports

Prerequisites

  • AC040: AC040: Business Processes in Management Accounting
  • AC050: Business Processes in Financial and Management Accounting with the New General Ledger
  • Knowledge of Overhead Cost Controlling and/or Product Cost Controlling

Course Curriculum

Course # : AC610
Exam : Profit Center Accounting

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