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How to define a Company in SAP FICO

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How to define a Company in SAP FICO

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  1. What is SAP FICO? How to define a Company in SAP FICO? What is SAP FICO? SAP Financial Accounting Helps to Manage Financial Transactions and business processes in terms of data management. Financial Transactions are recorded in the Balance Sheet and become Statement. SAP FICO Module is important for financial purposes like profit, loss, and balance sheets in an organization. It is a powerful module that can cover the business processes in every industry. Financial management requirements in large companies are constantly changing so it is more important for experts to keep upgrading their skills. SAP FICO Module can be integrated with other modules in SAP like material management sales and distribution, production planning, human resources, etc. If you want to build a good career in SAP FICO then SAP FICO Course in Mumbai is a good option. Because we have great study places, well-equipped labs, convenient fees, and good placement assistance for SAP FICO Course in Bangalore. Define a Company in SAP FICO A company is the organizational unit in SAP FI for which you can draw individual financial statements, according to the legal requirements of the country where it’s incorporated. You can designate legally dependent branches as companies and join them together as legal units by consolidation. Organizational unit to which individual financial statements can be drawn up according to the relevant commercial law. E.g.: Reliance group • Company is a group consists of ‘N’ number of company codes. • Company creation is optional but company code creation is mandatory. • Transaction code to ‘Define Company’ - OX15 NavigationPath: SPRO > SAP Ref IMG > Enterprise Structure > Definition > Financial Accounting > Define Company > Execute SAP FICO Training in Mumbai | 7620830992

  2. • Update the following details: 1. Company: Unique maximum 6 digit alphanumeric code. 2. Company name: 3. Address of the company. 4. Language and Currency • Click on ‘Save’ button, following screen will open On next screen click on New Entries SAP FICO Training in Mumbai | 7620830992

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