what is company and company code?
Answers were Sorted based on User's Feedback
Answer / gaurav
A company is an smaller organizational unit in accounting
which represent a business organization according to
requirement of commercial law in particular country.a
company can assign to one company code or more than one
company code.
A company code is an organization unit which have its own
legal entity.it is representaive of company by creating
balance sheet and profit and loss
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / dhananjoy tripathy
The highest entity in fi organisation is company,when a smallest entity is defined within the company for profit and loss and for balance sheet is called a company code.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prasad
A company is an smaller organizational unit in accounting
which represent a business organization according to
requirement of commercial law in particular country.a
company can assign to one company code or more than one
company code.when a smallest entity is defined within the company for profit and loss and for balance sheet is called a company code.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bk
Company code is a Legal Entity (balance sheet will be
prepared and must) whereas company is not
Is This Answer Correct ? | 3 Yes | 5 No |
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