How to make a company in SAP / Define Company in SAP FICO
The following classes may escort you how to design or create a company in SAP step by step with images or screen shots. So now let discuss in depth about the company.
Create a company in SAP
Firm is the organization unit which means (company, company code, business area which is used in SAP FI) for which single financial statement can be strained according to the proper trading or merchandising law. It can involve in one or more company codes and it’s depend on company. A company has local demonization in which its transactions are recorded. Each and every company codes within a company should use the same transaction chart of accounts (it’s a list of general ledger accounts which is record by the organization) and the same fiscal year (in sap it can be measured as year dependent or year independent) the creation of company in SAP is optional.
Steps to create a company in SAP:
SAP IMG path: -SPRO -> Implementation Guide for R/3 Customizing (IMG) -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company
Transaction code to “Define Company in SAP”:- OX15
Steps for creation of company: –
Step: – 1 Enter Transaction Code SPRO in the commend field and press enter on the keyboard
Step: – 2 Next Customizing enact project screen select SAP Reference IMG
Step: – 3 After Selecting SAP Reference IMG, a new screen IMG path will be displayed. Now select create company execute icon for creating the company
Next screen will appear after selecting the define company execute icon
Step: – 4 Now select new entries icon to define a new company and enter the company details
The following details are to be entered while creating a new company
- First enter the 6 character alphanumeric code key which represents the group of company
- Next enter the name of the company
- In the detailed information update the address – Street name, PO Box#, Postal Code, City.
- Enter Country Code of the Company.
- Enter Language Key
- Enter local currency for the company which is also known as Company Code Currency
- Click on save icon or CTRL+S after updating the required information
So now the New Company ADARSH is created in SAP.
For more details on sap fico online training.