A profit center is a management-oriented organizational unit used for internal controlling purposes.

Profit Center - Master Data

SAP codification for Solvay Legacy Production System (in SAP = PF1/020).

A PA transfer structure is a rule that assigns a cost element or a cost element group to one or more value fields in CO/PA.

For many cost centers, depending on the original cost elements posted in them, we have to allocate to different P&L lines. Sometimes it may be necessary to track these allocations with separate assessment cost elements. This can be done creating several segments for each cost center or cost center group allocation. But we may simplify this, using PA transfer structure and allocation structure to unify all the multiple allocation into a single segment. With this, we may also adopt standardized assessment cycles for all companies, treating equally the allocation of cost elements and cost centers to CO/PA.

Acronym of Profit and Loss.

Acronym of Product Info Record.

PIF is the acronym for Project Identification Form. It is a family of products:

Acronym of Prix de Revient de Gestion.

Acronym of Production Reference System (PF1 - client 050).

The plant type leads to a specific customizing in SAP.

In WP1, there are 5 plant types :

• PROD = Production plant
• NDIR = Direct Trading : shipment from third party suppliers to customer (Order Type TAS will be used for this type of plant)
• NDEP = Warehouse : physical Solvay stock location to store purchased materials from Solvay or 1/3 party supplier or Solvay produced materials
• NDC = Customer consignment warehouse: stock held at customer address (purchased or produced materials)
• SSTT = Sub contracting

Logistics Organizational Unit representing the place where either materials are produced or goods and services provided.

Identification of production and non production plants.

Use in CO - PF1:

• Organizational Cost Centers standard hierarchy 
• Profit Centers standard hierarchy 
• Cost Object Hierarchy (first 2 levels in the structure) 
• Materials: To identify the ones relevant for costing and to be updated during the Project (Accounting / Costing views). 
• Material Ledger activation (customizing).

Or "ful physical inventory": all items are counted at one time, that may stop operation at a facility.

Responsible for the operating part of the physical count 1. He defines a local procedure in each site : have to be aligned with the key mandatory principles of the group procedure. 2. He defines the annual inventory planning 3. He organizes the physical inventory counts including consigned inventory at customers location 4. He justifies any significant discrepancies and report to FRA 5. Prepares the memorandum of inventory and sends it to FRA.

Acronym of Process Expert.

Acronym of Purchase Order.

Planned costs related to the variable and fixed costs.

Project Portfolio Management Office