what is different between company code &controlling area
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Answer / zaver raipanchola
Company Code is an independent accounting entity. A company
code is assigned to a chart of accounts.
Controlling area refers to the Organizational unit within a
company, used to represent a closed system for cost
accounting purposes.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / prasanna bhat
A controlling area can have following 2 type of
relationship with a company code,
1 A single company code relation
2 corss company code relation.
This means that one single controlling area can be assigned
to several diffrent company codes. Controlling can have one
is to one relationship or a one is to many relationship
with diffren comnay codes.
Controlling area have all the controlling activities of
cost centre accounting, product costing, profit centre &
profitability analysis are stored,
In a similar way company code have all the finance
activities.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ravi
company code is finance umbrella and controlling area is cosing umbrella it activate the cost center profit center etc...one controlling area assign to several company codes.
Is This Answer Correct ? | 0 Yes | 1 No |
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