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  1. What is Company Code in SAP. Company code is an independent organizational unit which is registered under companies act 1956. Under company code you can generate individual financial statements like profit & loss account and balance sheets. The definition of company code in SAP is mandatory.

  2. The company code in SAP is the smallest organizational unit of external accounting for which a complete, self-contained set of accounts can be created. This includes the entry of all posted transactions and the creation of individual financial statements, such as the balance sheet and the profit and loss statement.

  3. The following tutorial guides you on how to define company code in SAP FI step by step with screenshots. After configuring the company, the next step is to configure the company code. Let us discuss briefly the company code.

  4. The company code is the central organizational unit of external accounting within the SAP System. You must define at least one company code before implementing the Financial Accounting component. The business transactions relevant for Financial Accounting are entered, saved, and evaluated at company code level.

  5. Apr 17, 2021 · 184. 13K views 2 years ago SAP FICO. Creating company code in SAP Company code is the basic organizational unit in SAP FI (Financial Accounting) for which a balance sheet and profit &...

    • 9 min
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    • ListSAP
  6. 6 days ago · Creating Company Code is a 2 Step process. 1) Create Company Code. 2) Assign Company Code to Company. Define Company Code. Step 1) Enter Transaction code SPRO in the command field

  7. The Creation of company code in sap is mandatory, and at least one Company Code should be defined in the system for implementing FI. Transaction code to Define company Code is OX02. Learn how to define company code in SAP.

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