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which level create company code in state level and country level and briefly explain company and company code process suppose example reliance jio is the company code is it create reliance jio in 29 states 29 company code plz explain
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Hi as per my knowledge company code is created at country level mainly used for statutory reporting purposes and know the profit and all others purposes. as per your examples reliance jio is will be created at company code level coming to states will treated on other concepts like business areas or profit centers
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / sushma gandham
company is created at country level. we can have n no of campany codes. the company codes define based on the nature of business ex: steel business, sugar business etcc..,
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / v.vinod kumar
company code is created at country level because one company having n number of company codes but one company code having only one company...
in the above given example reliance jio is a company which having 29 company codes but all the company codes having the same company which is reliance jio..
| Is This Answer Correct ? | 1 Yes | 0 No |
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