SAP FI/CO - What is difference

between company code and

company in SAP?

Balance Sheet

In a typical Balance Sheet, the Liability side (Credit) is equal to the Assets side (Debit) .

AssetsLiability

Steps for Master Data Setup

1. Company Code Configuration2. Chart of Account Configuration3. House Bank Configuration4. Asset Classes

Company Vs. Company Code

Group Code

Company Code 2Company Code 1

Solar Group

Mercury Sun Limited Moon

Company is divided into number of Company Codes

The Company Solar Group is divided into company codes Sun Ltd., Mercury and Moon.

Consolidation

Solar Group

Mercury Sun Limited Moon

In Consolidation Module EC-CS, all the figures from these company codes are consolidated under one umbrella called Solar Group to produce a Consolidated Balance Sheet.

Define Company

Company Solar Group is created by executing Define Company.

Company Code Sun Ltd. is created by executing edit/check Company Code.

Define Company

Click on New Entries to enter the details for company Solar Group.

Define Company

Here, all the details are entered for the company Solar Group.

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