SAP FI/CO - What is difference between company code and company in SAP?
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The document explains the distinction between a company and a company code in SAP, highlighting that a company can comprise multiple company codes. It outlines the steps for configuring master data, including company code and chart of account setup, and discusses the consolidation of financial figures from various company codes into a unified balance sheet for the solar group. Additionally, it provides guidance on defining a company and its associated codes within SAP's framework.
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SAP FI/CO - What is difference between company code and company in SAP?
- 1. SAP FI/CO - What is difference between company code and company in SAP?
- 2. Balance Sheet In a typical Balance Sheet, the Liability side (Credit) is equal to the Assets side (Debit) . Assets Liability
- 3. Steps for Master Data Setup 1. Company Code Configuration 2. Chart of Account Configuration 3. House Bank Configuration 4. Asset Classes
- 4. Company Vs. Company Code Group Code Company Code 2Company Code 1 Solar Group MercurySun Limited Moon Company is divided into number of Company Codes The Company Solar Group is divided into company codes Sun Ltd., Mercury and Moon.
- 5. Consolidation Solar Group MercurySun Limited Moon In Consolidation Module EC-CS, all the figures from these company codes are consolidated under one umbrella called Solar Group to produce a Consolidated Balance Sheet.
- 6. Define Company Company Solar Group is created by executing Define Company. Company Code Sun Ltd. is created by executing edit/check Company Code.
- 7. Define Company Click on New Entries to enter the details for company Solar Group.
- 8. Define Company Here, all the details are entered for the company Solar Group.
- 9. Visit us @ ERPTRAINING9.COM