Hi Aluru.
Please verify whether the FIN_CCA (Cost Center Update) is Assign on Scenarios and Customer Fields to Ledgers. The scenario determines what fields in a ledger are updated when it receives posting from other application components.
Go to:
Financial Accounting (New) > Financial Accounting Global Settings (New)
Ledger > Assign Scenarios and Customer Fields to Ledgers
Best Regards
Jandoval Nascimento.