why you maintain two company codes ?

Answer Posted / naveen kaluti

Company code is the highest org unit and all business
transactions are processed and saved at company code level
in FI.
Company code represents a independent company, i.e, if you
client has two separate companies and maintains FI data
separate for them then you need to maintain two company
codes. In order to generate Balance sheets and profit/loss
statements required by law

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the integrated areas in sd and fi, sd and mm, sd and pp in both implementation and support projects?

640


HOw u have Implement credit management for your client in ur current project >Tell how it starts and it ends.Please provide some real time examples.

2250


What are the important organizational elements of sap sd?

614


hi gurus, i have used variant configuration(a customer ordering a computer diff combination of monitor,cpu,keyboard) this is my scenario. i have taken and assigned(ct04,cl02,mm02) dov(10x11,11x12,12x13),colour(red,brown,grey),price(sdco,vko nd).now those were again assigned in cu01. can u provide solution urgent.

1544


Explain how 'human elements' are organized in sd?

739






If a partner works as a dealer and distributor and have the same master data. How does the system identify if its a dealer or distributor function? Where is the differentiation done?

5463


I have a shopping mall. If a customer comes to my mall and if he purchase or not anything I give him pen free. How we map it in sap?

1614


What is sap transport domain? : transportation management

590


In R/3 we can represent a company's structure by defining and assigning corporate structure elements. What is the purpose of doing that?

1500


What is the Difference between WM and EWM?

666


I created a new info structure and activated update rules for it. What is the best way to transport them into a productive system?

611


What is the purpose of 'account determination'?

596


What is sap transportation management? : transportation management

663


What are the different criteria on which account determination is dependent during customization?

604


What is “characteristic”? How does the term characteristic relate to transaction code cto4?

617