I have seen lot of post About Profit centre Distribution cycle definition where we can see Cost centers instead of Profit centre .
This document just to help and know the reason .
Configuration changes for Profit centre distribution
SPRO – IMG Implementation –FINANCIAL Accounting (NEW)-General ledger Accounting –Period Processing –Allocation – defined field’s usage for distribution
Direct T-code – GCA6
Will give you below screen
Now choose Cost Center ( Actual ) and double click on that (This will give you current settings)
Now delete all setting in here ( in change mode )and should look like as below (BELOW IS SAND BOX SCREEN )
And SAVE the above changes And now go back to screen and choose profit centre to Make sure that when you create Cycle you can see PROFIT CENTER there .
After this DEFINE your DISTRIBUTION CYCLE in FAGLGA31 same as Usual. You won’t find any cost centre field here this time.
Now you can see the You do not have any Cost centre . All You see is just Profit Center.
SAVE this cycle and run Profit Centre distribution Via T-code FAGLGA35 .