Table T001 contains the enterprise codes. In SAP, a company is the smallest external accounting organizational unit for which a complete and autonomous set of accounts can be created. In most cases, a company is an independent legal entity. In financial accounting, all transactions are stored at the company code level. Now, the system prompts the other screen to update the company`s full address. Update all the required business address details and press Enter to save the data. If you implement other SAP components in addition to FIs, you must create assignments between enterprise codes and other organizational units to ensure data transfer between them. For example, you need to assign a company, a credit control center, a control area, and so on. Assign one or more company codes. All business transactions relevant to financial accounting (documents, invoices and others) such as the balance sheet and the profit and loss account are maintained and valued at the level of the company code. In this article, we check how enterprise codes are created in SAP.
In addition, we will look at the SAP enterprise code tables in which the details of the enterprise code are stored. According to the above scheme, ab 1000 consists of two independent legal entities, each with its own corporate code. BS Sanitary Ware (AB 11), BS Lighting System & (AB12). While the AB11 company codes are located in the United States, the company code involved in the lighting system (AB12) is located in Singapore. You can assign a business unit to one or more enterprise codes. You can also assign one or more to a company code through a purchasing organization, etc. In the T001 enterprise code table, the ADRNR field defines the address number of the enterprise code. And we can use this number to verify the address of the company code in the ADRC table by entering the address number in the ADDRNUMBER field of the ADRC table The company code is an independent organizational unit registered under the Companies Act of 1956. Under Company Code, you can create individual financial statements such as the profit and loss account and balance sheets. You can also use a business code to represent a legally dependent business unit abroad (commercial workplace) if that entity has external reporting requirements, including sector reporting, in that country`s local currency. The SAP table to consider here is TVKO for organizational unit: Sales organizations To retrieve the factory based on company code, try this join query: Table T001 stores all company code data in the SAP system.
As mentioned above, this is the first step in creating the business structure in the SAP application. In addition, we assign all configurations and business processes to enterprise code. In addition, all legally required financial reports are prepared at the level of the company code itself. The final step in creating the enterprise code is assigning to a company in the OX15 transaction code The field of the enterprise code in SAP is: BUKRS characterizes BUKRS Use a four-digit alphanumeric key to identify your enterprise code. Table T001 stores company code details and ADRC table stores company code address. The two tables are linked by the address number stored in the T001-ADRNR and ADRC-ADDRNUMBER fields. “The factory is an organizational unit within a company where activities take place. A factory will produce goods and make goods available to the company. * The second company, AB 2000, consists of two company codes. The company code AB21 is located in the United States and manufactures elevators and escalators.
The company code AB22 registered in Great Britain produces and distributes diesel engines. We also use enterprise codes in both development and post-development. All business transactions and assessments associated with SAP Finance (FI) are mapped to the enterprise code level. Indeed, enterprise codes are the central organizational units of an external accounting system. You must define at least one enterprise code (per customer) to implement the FI component in SAP ERP Financials for your organization. If you want to manage the accounting of multiple independent companies at the same time, you can configure multiple business codes for the same customer. This is the first step in the organizational structure in the SAP framework. It is therefore an inseparable part of SAP financial accounting. The entire organizational structure is connected to the company code in SAP. Therefore, it is mandatory for SAP FICO consultants to learn how to create enterprise code in SAP FI.
The only table to remember for the SAP enterprise code is T001. In SAP, it is optional to create a company. The following steps will guide you through the process of starting a business. “* What is an enterprise code? An enterprise code is described in SAP by 4 characters. This is the smallest organizational unit of SAP for which a complete and autonomous set of accounts (G/L account and subsystem) is created. “After the customer, the company is the first organizational unit that includes individual accounting transactions of multiple business codes. A company can have many company codes. Finally, many interviewers include the company code in SAP in their list of SAP FI interview questions. So read, learn and understand it conceptually and practically both. SAP tables for company code – the most relevant and popular tables are listed above.
You can click a table to view more information such as table structure, field names, SAP help/reference links, and more. You can also click on the functional area to view all the tables in this module/submodule. Interestingly, enterprise codes are created by SAP Finance consultants, but used by both end users and advisors. To obtain the address of a business code, attach ADRC and T001. List of important factory and enterprise code tables in SAP and the relationship between factory and enterprise code. For a better learning experience, we learn it using a scenario. The field for SAP Plant is WERKS (typed as WERKS_D). SPRO path for creating an enterprise code in SAP: SAP Customizing Implementation Guide -> Business Structure ->Definition > Financial Accounting >Change, Copy, Delete, Verify Enterprise Code. SAP TCode: OX02. Then, enter the relevant details. Here is an example of enterprise code in SAP Must Read: A Comprehensive Guide to SAP S/4HANA Finance Certification List of main SAP Plant Table and SAP Company Code Table. Let`s start with a brief definition of Plant in SAP.
The system prompts you with a pop-up screen to keep the address details. We have now successfully created the AB11 enterprise code in the system without copying from an existing enterprise code. You can click the address button at any time to change the address information.