The following tutorial guides you how to define company in SAP step by step with screen shots. Let us discuss briefly about company.
Define Company in SAP
About Company in SAP:- Company is the organizational unit for which individual financial statements can be drawn according to the relevant commercial law. A company can comprise of one or more company codes. A Company has local currencies in which its transactions are recorded. All company codes within a company must use the same transaction Chart of accounts and the same Fiscal Year. Creation of company in sap is optional.
Path to Define Company in SAP :-
SAP IMG Path: – SPRO –> Implementation Guide for R/3 Customizing (IMG) –> Enterprise Structure –> Definition –> Financial Accounting –> Define Company
Transaction code to “Define Company in SAP” :- OX15
Steps for creation of Company: –
Step 1 :- Enter Transaction Code SPRO in the commend field and press enter on the Keyboard
spro
Step 2 :- Next Customizing execute project screen select SAP Reference IMG
How to Create a Company in SAP | Define Company in SAP FICO
Step 3 :- After Selecting SAP Reference IMG, a new screen IMG Path will be displayed. Select Define company execute icon for creating a company
Define Company in SAP – SAP Menu path
Next Screen will be displayed after selecting the define company execute icon
How to Create a Company in SAP | Define Company in SAP FICO
Step 4:- Now Select New entries icon and enter the company details
How to Create a Company in SAP | Define Company in SAP FICO
The following details are to be entered for creating a new company
Enter 6 character alphanumeric code key that represents the group of company
Enter name of your company
In the Detailed information update the address – Street name, PO Box#, Postal code, City.
Enter Country Code of the company
Enter language key
Enter local currency for the company (also known as Company code currency)
Click on Save icon or CTRL+S after updating the required information
Thus new Company ADARSH is created in SAP.
How to Create a Company in SAP software
