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SAP FI/CO - What is difference between company code and company in SAP?
May 27, 2015
Company code and company objects are two different things, understand how they differ as explained by http://www.erptraining9.com
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SAP FI/CO - What is difference
between company code and
company in SAP?
Balance Sheet
In a typical Balance Sheet, the Liability side (Credit) is equal to the Assets side (Debit) .
AssetsLiability
Steps for Master Data Setup
1. Company Code Configuration2. Chart of Account Configuration3. House Bank Configuration4. Asset Classes
Company Vs. Company Code
Group Code
Company Code 2Company Code 1
Solar Group
Mercury Sun Limited Moon
Company is divided into number of Company Codes
The Company Solar Group is divided into company codes Sun Ltd., Mercury and Moon.
Consolidation
Solar Group
Mercury Sun 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.
Define Company
Company Solar Group is created by executing Define Company.
Company Code Sun Ltd. is created by executing edit/check Company Code.
Define Company
Click on New Entries to enter the details for company Solar Group.
Define Company
Here, all the details are entered for the company Solar Group.
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