Answer / venu

business area is the activity's are running from another area or branch of the organization..segment is nothing but parts or divisions of business.

Answer / sne

It is misconception in India considering business area that, "It is another area or branch" Here is excerpt from some authentic source to give clarity about business area.

"2) business area and PCA

Business area will have many profit centers. For example Vehicle is a business area in a company. Vehicle can be cars and Bikes etc. Here Vehicle is business area and Cars and Bike are profit centers. In broad Vehicle is a profit center. But as it has sub areas those are profit centers. So profit centers cannot be replaced with business area and vice versa. We can replace business area by Profit centre, only condition is that it should be in same controlling area. The business area is more like a business unit of a company. You can have multiple profit centers within a business area."

Answer / jnans

Business area are used over and above the company code levels

Segment are used below the company code levels as per the
IAS and US GAAP

Answer / venkygolamari

fico

I just created a company,completed all basic details i.e., creation of company, co.code, coa, stv, ppv, tol, a/c groups then opened F-02 to post one posting BUT it's showing an Error as Message No.: FF703 " Company code not assigned to country or country to calculation procedure" and unable to proceed further. The Msg: Company code not assigned to country or country to calculation procedure Message no. FF703 Diagnosis An error occurred when checking the tax code. Either the assignment of company code and country or of country and calculation procedure is not correct. Procedure Check the system settings. To do this, choose Maintain entries (F5). If the program error occurred In a standard SAP program, then create an OSS message In a program you wrote yourself, then correct the program. Please help me out.How to tackle this situation.Thanks

3 Answers  

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Why is preliminary cost estimate required?

0 Answers  

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Hello every, I have my MBA in finance in 2011 I was working for NBFC. Now I am decided to join in sap fico course. But the fact is I forgot all accounting knowledge. Zero accounts knowledge. How may eligible for sap fico course, is there any problems to face during course regarding accounts etc. What are the problems basically peoples like me face in fico course and after getting a job.

0 Answers  

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How do you keep the fi posting period open only for certain gl codes?

0 Answers  

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why we are using the Planning levels in SAP FI (FS00 for G/L master day ) Plz check and send the replaymail

1 Answers  

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when goods transfer to one plant to another plant how it is happen in real time and if any entries pls tell me

1 Answers   IBM,

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what is cash journal? why and when to use cash journal? what is the reason for doing cash journal and plz give the process and tcode of cash journal ? plz tell me kindly the whole process of cash journal. thank u.

2 Answers  

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What is field status and what does it control?

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In automatic Bank Statement, transaction FF.5, how I can keep amounts really set in foreign currency and local cuurency. Currently, the local currency amount doesn't use the currency rate sent in the bank statement. Regards

0 Answers   Dover,

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What is a chart of accounts?

0 Answers  

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Differentiate free offsetting entry from a statistical posting? : fi- accounts payable

0 Answers  

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Hi viewers, My questions is, how can we make cleared item as open item in the Accounts Receivable. & How the checks are useful in the accounts receivable.

2 Answers  

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