what is Company in SAP FICO?

what is Company in SAP FICO?

Company is an Organisational unit in accounting which represents a business organization for which individual financial statements can be drawn according to the relevant commercial law. A company can consist of one or more company codes. A Company in SAP is denoted by a five-character alphanumeric code. Transaction code to Define a Company:- OX15

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What area Organizational Units in SAP?

Organizational units in SAP:- Organizational units in SAP  are the functional units in an enterprise and are used in reporting. For Example:- Client ( Across the Various Modules ) Company Code ( FI ) Controlling area ( CO ) Plant ( Logistics ) Purchasing Organisation ( PO) Sales Organisation ( SD ) Employee Group ( HR ), etc.

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Explain Financial Accounting in SAP?

Financial Accounting :- The Financial Accounting module is the backbone of SAP, which records, collects, and processes financial transactions on a real-time basis and which the data is drawn for external and internal reporting. Financial Accounting is integrated with other modules such as  Sales & Distribution ( SD ) Material Management ( MM ) Human Resources ( HR ) Production

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what is SAP R/1,R/2,R/3 | Differences R/1,R/2,R/3

what is SAP R/1, R/2, R/3 ? or Difference between R/1,R/2,R/3 ? SAP R/1 SAP R/1 was the first version, and it is one tier architecture in which three layers Presentation, Application, and Database are installed in one system/server Server one – Presentation + Application + Database SAP R/2 SAP R/2 is the mainframe version of the software, and it

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