A Company Code represents an independent legal entity that is required by law to issue financial statements (Balance Sheet and P&L Statement). Business Areas are defined independently of Company Codes and can be shared across Company Codes. Internal Balance Sheets and P&L Statements can be generated by Business Area though they are not required.
Friday, April 11, 2008
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- SAP Exam Resource - Define Account Groups OBD2
- SAP R3 Data Entry Techniques Tips
- To test FI/CO posting controls and your accounting...
- The chairman of a Co. wants to link each of his fo...
- What is a credit control area? Describe its relati...
- Can you report on business areas across companies?...
- Discuss three benefits of the SAP organizational s...
- Explain the relationship between company code, bus...
- What is the highest hierarchy level in SAP? Defin...
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- Discuss all aspects of the posting key. Explain w...
- What is a document type? Discuss its various uses...
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