2 Company Code Configuration

Creating company code in SAP

Company code is the basic organizational unit in SAP FI for which a balance sheet and profit & loss account can be drawn. we create company code SRI (S LTD) is located in Country India.

For doing the configuration we use the following path on the SAP application screen,

SAP Menu-Tools-Coustomizing-SPRO(Execute Project)-SAP Reference IMG(F5)

Configuration for all the modules will be done here. The above path will not be referred henceforth, i will directly refer to the IMG node.

Path: IMG-Enterprise Structure-Definition-Financial Accounting-Define,copy,delete,check company code( OX02)

A) Copy ,delete,check company code
B)Edit company code data

Double click on edit company code, by selecting the second option edit company code data you have to manually configure all the subsequent assignments.

Select -New Entries  and update the flollowing required fields

Country : the country where company code is located and the balance sheet and income statement which will be prepared according to that country law. Here the company is located in india so, i have selected the contry id IN(India)

Currency it is the loacal reporting currency of the countryin this case it is INR( Indian Rupees) since the company is located in India.

Click on Address button (shift+F5) and update the following

Click SAVE to save

Create request(F8)

short description: S ltd

save (enter)

Continue (Enter)