What is Company Code in SAP?
Company Code in SAP is the littlest Hierarchical unit of outside representing which you can make a totally independent arrangement of records for exchange posting, other than the legal fiscal summaries.
You can likewise utilize an organization code to address a lawfully reliant working unit abroad (business work environment) on the off chance that there are outer revealing necessities including section detailing for that unit in the neighborhood money of that country.
Relationship of business FI exchange with company code
All the SAP Finance (FI) related deals and assessments are addressed at the organization code level. Since organization codes are the focal hierarchical units of an outer bookkeeping framework. You should characterize no less than one organization code (per client) to execute the FI part in SAP ERP Financials for your association. If you have any desire to deal with the representing a few free organizations all the while, you can set up a few organization codes for a similar client.
Utilize a four-character alphanumeric key to signify your organization code.
Company Code Table in SAP
Table T001 stores all company Code Information in the SAP framework.
Tcode for company code creation is – OX02.
It is the initial step of association structure in the SAP system. What’s more, along these lines, it is an indivisible piece of SAP Monetary Bookkeeping. The entire association’s construction is associated with Organization Code in SAP. So it is compulsory for SAP FICO specialists to figure out how to make an organization code in SAP FI
How to make organization code in SAP FI?
At the point when you carry out different parts of SAP alongside FI, you want to make tasks between the organization codes and other authoritative units to guarantee information move between them. For instance, you want to relegate at least one organization codes to an organization, credit control region, controlling region, etc.
You can dole out a business region to at least one organization codes. Similarly, you can dole out at least one to an organization code through a buying association, etc.
According to the above graph, the Organization Stomach muscle 1000 is comprised of two free legitimate units, each with its own organization code. BS Clean Things (Stomach muscle 11), BS Lighting Framework and (AB12). While organization Codes AB11 is in the US, the organization code associated with the lighting framework (AB12) is in Singapore.
The subsequent organization, Stomach muscle 2000 comprises of two organization codes. Organization code AB21 is in the US and produces lifts and elevators. Organization Code AB22 consolidated in the UK is assembling and selling Diesel-motors.
Make Company Code without Replicating from a Current Company Code
- Go to IMG => Enterprise Structure => Definition => Financial Accounting => Edit Company Code Data.
- On the Pop up screen, double tap Alter Company Code Information or Use Exchange Code OX02.
- Click on New Passages Button and on the screen keep up with the subtleties for the new company code.
Significant Fields
Company Code-Enter a four-character, alphanumeric identifier for the organization code. In this model, I have utilized AB11
Organization Name-Enter the name of the organization code-Model Stomach muscle Sterile Things
City-Enter the city where the organization code is arranged
Country – Select the nation key (us) from the dropdown list
Money Enter the cash Key from the dropdown list, relating to the neighborhood cash of the nation for example USD
Language – Select the Language Key (EN) from the dropdown list.
When finished => save the subtleties.
The framework prompts you with a spring up screen to keep up with the location subtleties.
The Location Subtleties
Title – Select the proper Title from the dropdown list.
Name – You might enter up to four lines (of 40 characters each).
Transient 1 or 2-These two fields are the short portrayals that we use for search help. The framework consequently changes over all sections in the fields into capital letters. We can utilize the two fields freely.
Road Address – You will see that here you really want to enter the nation once more. On the off chance that you need, you might keep up with the nation, state or area in the District Field
Time Region – The framework can decide the pertinent time region in light of the Nation and Locale fields.
PO Box-The framework prefixes the text “PO Box” in beneficiary dialects to this number while printing the correspondence.
Postal Code-This is not quite the same as the ordinary postal code that connects to a road address. We utilize this field for a nation where an alternate postal code applies to mail shipped off the PO Box instead of to the road address of a specific colleague.
We have now effectively made the Organization Code AB11 in the framework without replicating from a current Organization Code. Whenever, you can tap on the location button to alter the location data.
So this is the idea and creation interaction of the Company Code.
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