Company code is one of the subsidiary in Group Company from
where P and L, Balance sheet can be drawn.
Creating Company Code in SAP
IMG-> Enterprise structureàdefinitionàfinancial accountingà define, copy ,delete,
check company code.
By selecting 2nd option we can define a new company code
select New Entries
company code = 9010
company name = ABC Pvt Ltd
city = pune
country = in (india)
currency = INR
language = En (English) ---> Enter
update the fields and save
An authoritative unit in SAP bookkeeping programming used to distinguish a business. The code ought to be produced in like manner with assessment laws, business laws, and other monetary criteria. An organization code in the SAP framework demonstrates a lawfully free organization and can likewise speak to a legitimately indigent working framework supervises if outside reporting is needed.Organization Code is an extraordinary four alphanumeric characters that speaks to a free and legitimate bookkeeping substance. It's the littlest and least essential authoritative structure in SAP that needed by law to give a set of monetary reports, (for example, Balance Sheet and Profit/Loss Statements). In this present reality, an organization code can be an organization of a corporate gathering. In a SAP customer, there can be one or a few organization codes. The general record is stayed with at code level. For merging process in SAP EC module, an organization code must be doled out to an organization. An organization can embody one or more organization codes.
With SAP FI module, we can produce the monetary reports of an organization code. An organization code's budgetary reports are utilized for outer reason, for example, for outside inspectors, shareholders/stock trade commission, charge office, and so on.
Organization code is one of the two fundamental hierarchical units of SAP FI module. The other one is Business Area. Business zones are utilized for inner reason, for example, for organization's administration. Business zones speak to divided territories of operation inside one or a few organizations. With business zones, for instance, SAP can produce budgetary reports of a particular territorial zone of an organization.
How about we say's ABC organization has one organization code in USA (and a few organization codes in the entire world). With organization code, SAP can just produce one set of monetary reports for USA office. At the same time, with business zones (relies on upon how it arranged), SAP can create sets of budgetary reports every state in the USA. Thusly, the administration can break down the execution of each one limb in each one state better. It gives more valuable data that can be utilized as a part of choice making procedure. The utilization of Business Areas is noncompulsory in SAP FI module.all SAP exchanges that have effect to the budgetary reports from all SAP modules, (for example, FI, MM, HR, and so on) will create bookkeeping diaries in organization code's general record.
The exchange can focus the organization code included either from the client information for the organization code, (for example, in FI module) or from other hierarchical unit that identified with the organization code, (for example, in MM module, organization code can be resolved from the plant that enter by client).
In MM module (Logistics), each one plant must be allocated to an organization code. An organization code can have a few plants.
A plant can likewise be allocated to a business region. A business territory can be relegated to a few plants.
Material valuation can be set at organization code level or plant.
Assign company code to company
select company code
give the group company
and save
