Define Company ?
A company is the smallest organizational unit for which individual financial statements can be drawn up according to the relevant commercial law. A company can contain one or more company codes.
Note. You cannot use the prefix SAP at the beginning of your company name.
SPRO -> SAP REFERENCE IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company (OX15) -> Execute -> New Entries
Data of Company saved in table T880.
Define Company Code ?
It Represents the legal entity of the organization. Company code is defined a legal entity level.
We can able to post the financial transactions, tracking and analysis the transaction at the company code level.
The book of accounts can be maintained at the company code level.
The financial statement like profit and loss A/C, balance sheet can be extract at the company code level
Company codes can be defined maximum Up to 4digit code either numeric or Alpha numeric codes.
Example ;
Company Company Code
RELI RLSM-Reliance Smart
RELI RLDG-Reliance Digital
RELI RLOL-Reliance Oil
SPRO -> SAP REFERENCE IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Edit, Copy, Delete, Check Company Code (OX02) -> Execute -> Edit Company Code -> New Entries
After this click on Highlighter
Fill Required fields According to Your Client And Save the Data.
Data was saved in the table of T001.
ASSIGN COMPANY CODE TO COMPANY:
SPRO -> SAP REFERENCE IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign company code to company (OX16) -> Assign Company (RELI) to Company Codes (RLSM,RLDG,RLOL)
Data Was saved in the table of V_001_Y
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