What is ERP?

ERP

ERP refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

How to Assign Company Code to Company in SAP

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We can assign more than one company code to the company but all company codes within a company must have the same chart of accounts and the same financial year, though they all can have different local currencies.

How To Create-Company Code In SAP

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The definition of company code is an independent organizational unit that has its own set of accounting books and obligated to prepare a financial statement under the statute of law. The definition of the company code is mandatory.

How to Create Company in SAP

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A company is a unit to which financial statements are created and can have one too many company codes assigned to it. A company is equivalent to a legal business organization.