Tag Archives: KCH1

Standard Profit Center Hierarchy is necessary to group in hierarchical order the profit centers. It is also prerequisite for creation of Profit Center. This quick guide is for creating standard hierarchy for profit center accounting in FI. You are also able to do it in CO.   Transaction Code: KCH1 Menu: Accounting -> Financial Accounting -> General Ledger-> Master Recordsv -> Profit Center -> Standard Hierarchy -> Create     When you execute the transaction, choose your controlling area.   After continuing, on the next screen give a name of your profit center group and hit “Enter”.     Give a short …