Note – Company code is different from Company
Detailed description of Company code
We create company from the following menu path of “SPRO” t-code:
Enterprise Structure – > Definition -> Financial Accounting – > Edit, Copy, Delete, Check Company
OX15
Code.There are two options to create company code:
Copy from other company code (or from SAP standard company code)
Create from the scratch
SAP recommends that we copy a company code from an existing company code. The advantage is SAP will also copy the existing company code-specific parameters. Then we can change certain data in the relevant application if necessary. This is much less time-consuming than creating a new company code.
Copy from other company code (or from SAP standard company code)
Create from the scratch
SAP recommends that we copy a company code from an existing company code. The advantage is SAP will also copy the existing company code-specific parameters. Then we can change certain data in the relevant application if necessary. This is much less time-consuming than creating a new company code.
Check out the video to create from scratch http://www.youtube.com/watch?v=Od7fSxnJ1ro
Use of company code in SAP
This is used for the consolidation purposes in SAP
Creation of a company is optional in SAP and is mandatory if ECCS is used
Company is used in ECCS( Enterprise Controlling Consolidation System) Module of SAP for consolidation purposes
Company can be assigned to one or more company codes