1. Process Flow and Description
1.1. Profit Center Master Data Maintenance
1.1.1. Summary of Requirement
Profit Center is an organizational unit in accounting that reflects management-oriented structure of the organization for the purpose of internal control. Implementation of profit center accounting allows management to analyze, manage and evaluate responsibility areas and operational performance of each decentralized units. For PG, profit center represents “Business Unit”. Since profit center is the structural concepts for management to manage and run business and operation in the organization, the master data generally remains unchanged over a long period of time unless there is a new business exist or management structure changes. In such case, profit center master data needs to be maintained and updated either on key data structure or basic information. Profit center master data maintenance is centralized.