What is major difrence in COMPANY and Comapany Code?

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What is major difrence in COMPANY and Comapany Code?..

Answer / guest

Company code is basically needed for all finance related
activity in SAP. Like Chart of Account and GL account
Company is basically a name of the org for which we are
making company code in SAP.

Is This Answer Correct ?

22 Yes

1 No

What is major difrence in COMPANY and Comapany Code?..

Answer / pavanbala

COMPANY is a client to whom we are going to implement SAP
system. It represents a corporate group. It is the highest
organizational unit in the enterprise structure.

COMPANY CODE is an independent organization unit that
represents subsidiary of company.

Company code is the smallest organizational unit for which a
complete self-contained set of accounts can be drawn up for
purposes of external reporting. It has his own set of
database tables from which we can drawn out reports, for
example, Balance sheets Profit and Loss accounts ETC

Is This Answer Correct ?

11 Yes

3 No

What is major difrence in COMPANY and Comapany Code?..

Answer / kunal shah

company code is a top hierarchical organisational unit within a client or corporate group which is having its own set of financial documents like balance sheet, profit and loss accounts
company code represents company which executes the business processes
comapnay is basically a name of organisation for which we are making comapnt code in sap

Is This Answer Correct ?

2 Yes

0 No

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