Answer / gaurav

A company is an smaller organizational unit in accounting
which represent a business organization according to
requirement of commercial law in particular country.a
company can assign to one company code or more than one
company code.
A company code is an organization unit which have its own
legal entity.it is representaive of company by creating
balance sheet and profit and loss

Answer / dhananjoy tripathy

The highest entity in fi organisation is company,when a smallest entity is defined within the company for profit and loss and for balance sheet is called a company code.

Answer / prasad

A company is an smaller organizational unit in accounting
which represent a business organization according to
requirement of commercial law in particular country.a
company can assign to one company code or more than one
company code.when a smallest entity is defined within the company for profit and loss and for balance sheet is called a company code.

Answer / bk

Company code is a Legal Entity (balance sheet will be
prepared and must) whereas company is not

At the time of creating GRN can I mention business area?

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Relation between a controlling area and a company code?

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