The following tutorial guides you how to define company code in SAP FI step by step with screen shots. After configuring company, next step is to configure thecompany code. Let us discuss briefly about company code.

Define Company Code

About Company Code :– Company Code in SAP is the smallest organizational unit of Financial Accounting for which you draw individual financial statements like Balance Sheet and Profit & Loss Account for purpose of external reporting. The Creation of company code in sap is mandatory.

PATH :-  IMG Reference –> Enterprise Structure –> Definition –> Financial Accounting –> Edit, Copy, Delete Company Code

Transaction code to Define company Code in SAP :- OX02

Steps to Define Company Code: –

Step 1 :-  Enter Transaction Code SPRO in the commend field and press enter

Steps 2 :-  In customizing execute project screen select SAP Reference IMG

Step 3 :- In next screen select Edit, Copy, Delete check Company Code

Step 4 :- The below screen displays after selecting Edit, Copy, Delete Company Code ( Define Company Code )

we can create company code by selecting above two options. By selecting first option copy, Delete, company code all the configuration and tables get copied automatically along with assignments.

Here we are creating company code manually configure all the assignments by selecting second optionEdit Company Code Data . Double click on Edit Company Code Data

Step 5 :- Click on New Entriesand update the following details

1. Update new Company code key AD06

2. Give the company name Adarsh Technologies for identifying the company code key

3. In Additional Data update the details of  City, Country, local Currency of company, Language.

Click on Address and Update the following fields

After updating Address enter Click on Save icon Thus the company code AD06 is created in SAP.