Answer / shweta

A company should have been defined in the Basic Settings (
i.e.,1st Step ). For this we should follow a path: SPRO -
Enterprise Structure - Definition - Financial Accounting -
Define Company. Then we should assign those 2 company codes to
the above company. COMPANY is Defined in the 1st step for
consolidation purpose itself. Creation of company is not
mandatory as it is for audit and consolidation purpose but
creation of company code is mandatory as it is maintained for
internal checks to know the financial position of the
business.

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