We already have dummy profit center, profit center group, controlling area and other FICO objects defined. In Maintain Controlling Area Settings, we are defining different options related to Profit Center Accounting. We are able to define the profit center currency, eliminate or not the cost center records based on the same profit center and so on.
IMG Path: Controlling -> Profit Center Accounting -> Basic Settings -> Controlling Area Settings -> Maintain Controlling Area Settings
When you enter into the transaction screen, maintain the options as you require and then click on save.