What is business area? Can you assign it to a company?
Answers were Sorted based on User's Feedback
Answer / bhaskar
Business area is an organisational unit that corresponds to
a specific business segment or area of responsibilityin a
company.We cannot assign business area to company.the
definition of business area is optional.
Is This Answer Correct ? | 41 Yes | 11 No |
Answer / kumar.ch
Business area is an organizational unit that corresponds to
a specific business segment or area of responsibility in a
company. The financial statements are created business areas
for internal purpose only. you can create as many business
areas as you require. the definition of business area is
optional.you cannot assign the business areas to company.
Is This Answer Correct ? | 30 Yes | 7 No |
Answer / nikku
Business Area is an organisational unit in Financial
Accounting. It enables to generate Profit and Loss a/c and
Balance sheet for a particular market segment. Segment
could be a branch, product line or geographical area like
region,division,state & so on. Business Area are useful for
Internal purpose only for analysis and decision making.
Business Area can never ever be assigned to company code
but can be used across company code.
Is This Answer Correct ? | 26 Yes | 6 No |
Answer / k. suvarna
Business Area represents area of operation within
organisation and can be used across company code. There are
the balancing entities which are able to create their own
set of financial statement for internal purpose. The use of
business area is optional.
Business area are generally company code independent. The
business segment are branches in which a group operates can
be set up in are three systems as business area.
Is This Answer Correct ? | 17 Yes | 6 No |
Answer / raja shekar
Business areas are separate areas of operation which is
used to create internal reports.
Business Areas are company code independent so we can make
posting to them from any company and it is not possible to
assign business areas to company code.
Is This Answer Correct ? | 5 Yes | 1 No |
Business area is a unit of business organization with separate operation division, it is created in with t code OB48, we can create n number of business areas and can be consolidated to single business area as consolidated business area. we can not assign business area to a company code
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / venkat
business area we cant assign to company, it is individual
org unit where necessary p and l a/c and b/s required .
but that is used for internal purpose only. it is not a
legal entity.
Is This Answer Correct ? | 22 Yes | 24 No |
Answer / meghana
business area is on optional one which are used only for internal purposes . business areas are balancing entities which are able to create there own set of financial stmtn a business area isa separate org.unit in abusiness.
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / kishor
Recording as Business ares different products different segnments like that only we need to assing
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / guest
where do you work in bus area that is bus areaand yes it is
asssign to company
Is This Answer Correct ? | 7 Yes | 34 No |
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