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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 ?||16 Yes||0 No|
Answer / venkatg
company -co.area- co.code-business area.
|Is This Answer Correct ?||15 Yes||5 No|
Answer / mohd majid khan
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 ?||10 Yes||3 No|
Answer / adi venkata
FI Organizational Structure:
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FM Area CoA Controlling |
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Company Code |
|Is This Answer Correct ?||9 Yes||3 No|
Answer / geetha
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Business area Profit centers credit control area
|Is This Answer Correct ?||7 Yes||3 No|
Answer / chandan
Organization Structure FI.
1. Company Code (External Purpose)
2. Business Area (Internal Purpose)
|Is This Answer Correct ?||7 Yes||4 No|
Answer / sridhar
client-operating concern-controlling area-company code-
|Is This Answer Correct ?||9 Yes||6 No|
Answer / venkat
I feel geeta and majid are correct.....bye
|Is This Answer Correct ?||2 Yes||1 No|
Answer / mamidi vijay
COMPANY (Main Group Company)
COMPANY CODE (Subsidary Companies)
BUSINESS AREAS (Subsidary Companies Branches)
|Is This Answer Correct ?||1 Yes||0 No|
what is park document?difference beween park document and hold document?
At The time of EBS file uploading through T-code FF_5, the errors are showing in FEBAN, those errors are required Business area and Profit center, if we give Business area and Profit center manually than it will clear, my requirement is those Business Area and Profit Center needs to be pick automatically. where we can check/
What is the purpose of 0 (zero)tax code?
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How is bank reconciliation handled in SAP?
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