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what is meant by Co.code and controlling area?how are they
related?
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Answer Posted / pratik pandey
Company Code is a legal entity for which Financial
Statement like Profit & Loss,Balance Sheet are generated.
The controlling area is the highest organizational level
within CO. It must exist before Cost Center Accounting
(CCA) can be used. A controlling area will be created on a
one-to-one basis with the company code created in FI
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