Formation of practical area in SAP FICO / how to create functional area
Practical area in SAP
Definition of modest area in SAP: – Modest area in a company in accounting that list expenses of a company by functions.
Utilizes of functional area: – In SAP it’s useful to create P&L A/C in Financial Accounting using cost of sales accounting and used to analyses the cost of sales accounting.
Examples of Functional Area are: –
- Sales and Distribution
- Research and Development
So here are the steps for creation of Functional area in SAP
Transaction Code: – OKBD
SAP Menu Path: – SPRO > SAP Reference IMG > Financial Accounting > Financial Accounting Global Settings > Company Code > Cost of Sales Accounting > Activate Cost of Sales Accounting for Preparation.
Step 1: – Enter T- Code OKBD in the commend field
Step 2: – In next screen click New Entries
Step 3: – Now enter your four digits functional area code in the functional area column and update names of the functional areas.
Now the Functional area ADPR, ADSO are created in SAP.
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