Assign Company Code to Company

Significance: In this step, we assign the company code we have created for our company. This ensures that whenever the company code is required to be quoted for any transactions, the resultant entries get passed to our company.

T-Code:

Path: SPRO>IMG>Enterprise Structure>Assignment>Financial Accounting>Assign Company Code to Company

The following are the steps:

Click on Position Button at the bottom of the screen.

Enter the company code that you want to assign.

Select the button next to the company column or press ‘F4’ .

Select the company you want to assign the company code to.

Choose “Save”

Define Company Code

Significance: The company code is the single most important of all the fundamental definitions in the enterprise structure customisation. The company code is the identifier by which a company is referred to in all its transactions. It is an independent accounting entity with 4 numeric characters(although the maximum size fixed for it is 4 digits, a company code can consist of less than 4 digits, however, this is not advisable because, only a company code with 4 digits can take advantage of some of the advanced features available in SAP).

 

T-Code: OX02

 

Path: SPRO>IMG>Enterprise Structure>Definition>Financial Accounting>Edit, Copy, Delete, Check Company Code> Double Click on “Edit Company Code Data”

 

The following are the steps:

 

 

Click on New Entries on the Application Bar.

 

 

Fill the fields and choose “Save”.

 

 

A new window will popup asking to fill the address and other details. Enter the required details as shown in screenshot. After it is done choose “Copy” (the green tickmark at the bottom left of the window).

System will give the following error message.

Just ignore the message. The company code is now defined.