SAP MM : How To DEFINE COMPANY ?

DEFINE COMPANY
A Company is an organizational unit in accounting which represents a Business organization according to the requirements of Commercial law in particular Country.

• All Basic data of Each Company store in Company Definition
• This is the highest level entity in SAP hierarchy for a company or group of company.
• This should not be confused with the login client.
• A Company cancomprise one or more Company Codes.
• Company G0000 is preset in all foreign key tables.

SAP RECOMNDETION: 

• If you only require One Company , SAP recommends to keep/use the preset company ID G00000

STEP 1: Following is the path For DEFINE COMPANY

• IMG activity path :IMG > ENTERPRISE STRUCTURE > DEFINATION > FINANCIAL ACCOUNTING>DEFINE COMPANY
• Transaction code : SPRO

STEP 2:  Click On SAP reference IMG Option, Go as per following Path 

STEP 3: Click on execute button to DEFINE COMPANY (Following type Window will open)

STEP 4: Click on New Entries button (Following type Window will open)

STEP 5:  Update the Following Data

·         Company : Give/Enter 4 digit Code

·         Company Name : Give Company Name ( Note that this is Client/Corporate/ Enterprise Name under which Different Company Codes are working  )

·         Company Name 2 : you can use if Company name is not completed in above section

·         Detail Information

o   Street: Enter Company Address

o   PO Box :Enter Company PO Box No.

o   Postal Code : Enter Company PIN Code

o   City: Enter City Name

o   Country : Select the Country Name in which Company is situated

o   Language Key : Select the Language Key

o   Currency :  Select the Currency In Which Company Maintain there Balance sheet

STEP 5:  Hit Enter Button &Then Click On Save Button to store Configured data

• ·         Make sure that chart of accounts and Fiscal year must be same in all Company Codes & Company however you can use different  currencies 

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