Answer / zaver raipanchola

Company Code is an independent accounting entity. A company
code is assigned to a chart of accounts.
Controlling area refers to the Organizational unit within a
company, used to represent a closed system for cost
accounting purposes.

Answer / prasanna bhat

A controlling area can have following 2 type of
relationship with a company code,

1 A single company code relation
2 corss company code relation.
This means that one single controlling area can be assigned
to several diffrent company codes. Controlling can have one
is to one relationship or a one is to many relationship
with diffren comnay codes.

Controlling area have all the controlling activities of
cost centre accounting, product costing, profit centre &
profitability analysis are stored,

In a similar way company code have all the finance
activities.

Answer / ravi

company code is finance umbrella and controlling area is cosing umbrella it activate the cost center profit center etc...one controlling area assign to several company codes.

What is an activity type? : co- cost center accounting

0 Answers  

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Hi friends, can any body tell me, how can we block, a particular payment term for a particular vendor.

6 Answers   Accenture,

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U have made a Transaction Worth Rs.1,00,000..Then We made a down Payment worth Rs.50,000..Then the FY came to an end. When we are calculating TAX for the FY,on which amount we will calculate TAX,do we calculate TAX for this transaction ? .Then NEXT YEAR do we again calculate for Rs.1,00,000.or the remaining Rs.50,000.

9 Answers   IBM,

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Explain segments and cycles? : co- cost center accounting

0 Answers  

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What is the dunning area? : fi- accounts receivable

0 Answers  

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how to connect client server in sap &how solve ni tickets in sap fico

1 Answers   IBM,

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How is bank reconciliation handled in SAP?  

2 Answers   Keane India Ltd,

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Which is the payment term which actually gets defaulted in transaction (accounting view or purchasing view)?

0 Answers  

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What is the special purpose ledger and what would be some reasons for using it?

0 Answers  

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what are the tool using running LSMW in SAP

2 Answers   Genpact,

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What is the transaction code to create a cost center? : cost center accounting

0 Answers  

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What are the problems when the business area is configured?

0 Answers  

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