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SAP FICO: Company Code Management Guide

In SAP FI, a company is the smallest unit for financial statements, which can include multiple company codes that share a chart of accounts and fiscal year but may have different currencies. To create a company in SAP FICO, users must provide specific details such as company code, name, address, country, language key, and currency. Additionally, users can create, edit, or delete company codes through the SAP interface, allowing for configuration management of financial structures.

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46 views4 pages

SAP FICO: Company Code Management Guide

In SAP FI, a company is the smallest unit for financial statements, which can include multiple company codes that share a chart of accounts and fiscal year but may have different currencies. To create a company in SAP FICO, users must provide specific details such as company code, name, address, country, language key, and currency. Additionally, users can create, edit, or delete company codes through the SAP interface, allowing for configuration management of financial structures.

Uploaded by

ms.minerals23
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

3.

SAP FI Company Basics SAP FICO

A company is defined as the smallest unit for which financial statements can be created in
accordance with commercial legal regulations.

In SAP FI, a company can comprise of multiple codes, however it acts as a single unit for
which financial statements are available. All the company codes must use the same chart
of accounts list and fiscal year, however each code can have a different local currency.

A chart of accounts list consists of all the chart of accounts that can be used and each code
must have one chart of account.

where company creates the


financial statements.

Login to SAP FICO


Use T-code SPRO -> click on SAP Reference IMG -> New window will open

Expand SAP Customizing implementation guide -> Enterprise Structure -> Definition ->
Finance Accounting -> Define Company -> click on Execute (see the pointer in the
screenshot).

6
SAP FICO

A new window will open -> click on New Entries -> New Entries: Details of added entry

You need to provide the following details to create a new company:

Enter the company code to represents group of company.


Enter the company name
Enter the full address-street, PO Box, postal code, city
Enter the Country
Enter the Language key
Enter the currency

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SAP FICO

The next step is to save the company details -> CTRL+S or as shown in the above
screenshot.

In SAP FI, a company can comprise of multiple codes, however it acts as a single unit for
which financial statements are available. Company code is the smallest unit in an
organization for which financial statements (profit-loss statement, etc.) can be generated.

Create, edit, delete a company code


Let us discuss how to create, edit, and delete a company code. Take a look at the following
screenshot.

8
SAP FICO

Expand Enterprise Structure as mentioned in the previous topic -> Definition -> Financial
Accounting -> Edit, Copy, Delete, check company code -> Execute using click on the watch
image -> New window will open -> You can create a new company code by selecting both
the options.

Select Edit, Copy, Delete, and Check Company Code. It allows you to copy all the
configurations and tables automatically.

If you select Edit company code, you will get the following window > click on New Entries
and update the code details.

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