Sunday, 17 April 2016

Creation Of Organizational Elements


CLIENT

  • From a business perspective, the Client forms a corporate group
  • Client is the highest hierarchical level in SAP system
  • Client represents a corporate group in SAP Enterprise structure
  • Data maintained at Client level is valid across all other organizational levels

.

COMPANY CODE

Features
  • Company code is smallest organisational unit within the client
  • Producing its own balance sheets and Profit/loss statements
  • Several company codes can be set up within the client
  • Company code is defined as 4-digit Alpha numeric key ( e.g. SAP1)


Among other things,the following are specified to company code

  • The company address
  • The chart of accounts (list of G/L accounts)
  • The local currency (the currency used in a company code in which the local books are kept, usually the national currency)
  • The fiscal year variant (specification of the periods and special periods of a fiscal year)
  • The controlling area
  • Whether balance sheets are also to be produced at business area level

3 comments:

  1. My friend Suggest me this blog and I can say this is the best blog to get the basic knowledge.Thank you so much for this SAP MM Training in Chennai blog

    ReplyDelete
  2. Thanks for the great information ,was looking for this information from long.Great blog SAP Basis Training in Chennai

    ReplyDelete
  3. Best blog.Got to learn new things.Thanks for this Blog SAP HR Training in Chennai

    ReplyDelete