which level create company code in state level and country level and briefly explain company and company code process suppose example reliance jio is the company code is it create reliance jio in 29 states 29 company code plz explain

Answer Posted / srini066

Hi as per my knowledge company code is created at country level mainly used for statutory reporting purposes and know the profit and all others purposes. as per your examples reliance jio is will be created at company code level coming to states will treated on other concepts like business areas or profit centers

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