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What is a Cross company code.Please explain in brief.
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Answer / chaitanya
Cross-Company code Transaction involves two or more company
codes in one business transaction.
1.One Company code makes purchases for other company codes
(central procurement)
2.One Company code pays invoices for other company code
(central payment)
3.One company code sells goods to other company codes
| Is This Answer Correct ? | 30 Yes | 1 No |
Answer / avsp dhurga
Cross Company Code Transaction is nothing but inter company
code transaction. Say for Example. Tata is Company. Under
this Company, Tata Steels and Tata Motors are coompany
Codes. ok. Tata Steels is paying the vendor payments on
behalf Tata Motors. This topic is very important/
bye
dhurga
| Is This Answer Correct ? | 19 Yes | 1 No |
Answer / venkat
If one company code pay the amount behalf of another
company code code thid called cross company codes
| Is This Answer Correct ? | 10 Yes | 3 No |
Cross company code means A company code is paying or receiving behalf of other company code.
For Ex: take two company codes A & B. Company code 'B' purchase computer from vendor. Now, A company code pays money to vendor behalf of B. you need to configure this by using OBYA & OB60.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / charles
A company code is the basic organizational unit in the FI,
for which a balance sheet and prfit and loss account can be
drawn
| Is This Answer Correct ? | 13 Yes | 24 No |
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