The smallest organizational unit for which individual financial statements are created according to the relevant legal requirements. A company can include one or more company codes.
The definition of the company organizational unit is optional.
A company’s financial statements also form the basis of consolidated financial statements.
All of the company codes within a company must use the same chart of accounts and fiscal year. However, each company code can have a different local currency.
Menu Path: SPRO->Enterprise Structure->Definition->financial Accounting->Define Company
Transaction Code: OX15
Database Table: T880
Give the required details as above screen shows. Now click save button and click on back button to go back to SPRO screen.
When u click on save button the following window will display:
