How to Create a Company in SAP | Define Company in SAP FICO: The following steps will guides you on how to define / create a company in SAP. In order to understand easily am also posting with the exact screen shots.
Ok, what is the company in SAP? Lets define company first.: 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 morecompany 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 a Company: –
Step 1 :- Enter Transaction Code SPRO in the commend field and press enter on the Keyboard
Step 2 :- Next Customizing execute project screen select SAP Reference IMG
Step 3 :- After Selecting SAP Reference IMG, a new screen IMG Path will be displayed. Select Define company execute icon for creating a company
Next Screen will be displayed after selecting the define company execute icon
Step 4:– Now Select New entries icon to create a new company and enter the company details
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.