Tell me about FI Organizational structure?
Answers were Sorted based on User's Feedback
Company - In SAP FICO paralance, a company is a legally independent entity, which comprises of one or more company codes.
Company Code - The company code represents a legal view of the company. This may be on the basis of geography viz. national or international. Fiscal year, taxation requirements and currency all determine the company code.
Business Area - Business area forms an important part of external reporting. Analysis of various segments, product divisions, regions etc is possible using business areas.
Functional Area - Functional area shows profit / loss calculations depending upon the cost of sales accounting. Using different functional area, management can know business expenses by functional areas and where company costs were incurred.
Profit Center - The profit center view shows the various internal areas of responsibilities. Objects such as cost centers, materials, etc can be used for profit center analysis. Profit center can be used to determine the revenues, costs, and profitability for specfic areas of responsibility.
Is This Answer Correct ? | 22 Yes | 0 No |
Answer / adi venkata
FI Organizational Structure:
CLIENT
|-------------------
----------------------------- |
| | | |
FM Area CoA Controlling |
| | | |
------------------------ |
| |
Company Code |
| |
Business Area----------------------------
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / geetha
Client
|
Operating concern
|
controlling area
|
Company code
/ | \
Business area Profit centers credit control area
|
Cost centers
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / mohd majid khan
Client
Operating Concern
|
Controlling area1 Controlling Area 2
|
Co. Code 1 Co. Code 2
|
Bus area 1. Bus area2. Bus Area3. Bus Area 4.
Is This Answer Correct ? | 11 Yes | 5 No |
Answer / chandan
Organization Structure FI.
Two
1. Company Code (External Purpose)
2. Business Area (Internal Purpose)
Is This Answer Correct ? | 8 Yes | 4 No |
Answer / sridhar
client-operating concern-controlling area-company code-
business area
Is This Answer Correct ? | 10 Yes | 6 No |
Answer / venkat
I feel geeta and majid are correct.....bye
Regards,
Venkat
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mamidi vijay
CLIENT
!
COMPANY (Main Group Company)
!
COMPANY CODE (Subsidary Companies)
!
BUSINESS AREAS (Subsidary Companies Branches)
Is This Answer Correct ? | 2 Yes | 0 No |
Can both account-based and costing based profitability analysis be configured at the same time?
What is the real purpose of "Bank Sub GL" ? Can i post my all payment through "Bank Main GL a/c" insteadof using "SUB GL"?
Is it possible to create asset classes automatically? : fi- asset accounting
what is sort key
11 Answers IBM, IDES, Wipro,
What all taxes comes under CIN ?. Do all taxes - Excise, WHT, Service tax, Sales Tax, VAT comes under CIN?
Tell me the 3 to 4 functional specification?
where your servers are located?
Hi....at present i am pursuing M.B.A III-sem my major is finance so i want to join SAP(FICO)course...i want to know which is the best institute in hyderabad and is it the right time to start the course or joining after getting some real corporate experiance,is it make much difference in learning
What is account group and what does it control?
What is meant by Document Splitting in SAP
What are the important asset transactions a company can use after SAP is implemented?
Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply