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Create profit center in SAP

While creating a Cost Center in SAP, the issue KM701 Profit Center does not exist might arise - or, simply, looking how to create a Profit Center ? Or trying to use an inactive Profit Center, but getting the error KM738 Profit center saved in inactive status (see below for this last error) ?

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If facing the issue KM701 Profit center does not exist, the Performance Assistant give a direct link to the transaction

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Otherwise, it is possible to go to transaction code KE51, or, in the SAP menu, go to Accounting > Controlling > Profit Center Accounting > Master Data > Profit Center > Individual Processing > KE51 Create

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In the main screen, enter the requested Profit Center code, the corresponding Controlling Area, and press enter - or copy from an existing Profit Center

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Profit center not found in controlling area

Basic data needs a period (from when it should be valid to when it should be invalid, last date being by default forever), a name, a person responsible, and a Profit Center Group, to be chosen from the Profit Center hierarchy.

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Save it - and the following information box will appear, saying that the Profit Center has been created but is currently inactive

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See the description of that information message. The Profit center is inactive and has to be activated.

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Open the corresponding Profit Center in KE52, and click on the Activate icon :

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Profit center should have been saved, and is now ready to be used for a Cost Center.

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