Company ox15

Company is the organizational unit for which individual financial statements

can be drawn according to the relevant commercial law

SAP IMG Path: – SPRO –> Implementation Guide for R/3 Customizing

(IMG)  –> Enterprise Structure –> Definition –> Financial Accounting  –
> Define Company
Company code ox02

Company Code in SAP is the smallest organizational unit of Financial

Accounting for which you draw individual financial statements like Balance
Sheet and Profit & Loss Account for purpose of external reporting
Assign company code to company

 Menu Path:– SPRO –> IMG Reference –> Enterprise

Structure –> Assignment –> Financial Accounting –
> Assign Company Code To Company
 Transaction Code:- OX16
Credit control area ob45

The credit-control area in SAP is an organizational unit that specifies and

checks a credit limit for customers.

 IMG Menu Path:- SPRO –> Implementation Guide –>

Enterprise Structure –> Definition –> Financial Accounting –
> Define Credit Control Area
Assign credit control area

T code ob38

 One credit control area can be assigned to one or more

company codes, but one company code is applicable to use
only one credit control area in the SAP system.
chart of accounts
t code ob13
SAP Menu Path:- IMG –> Financial Accounting –> General
Ledger Accounting –> G/L Accounts –> Master Data –>
Preparations –> Edit Chart of Accounts List
The chart of accounts in SAP ( COA ) is a list of GL accounts
master records that are used by the organization. The master
chart of accounts must be assigned to each company code. Chart
of Accounts is defined at the client level
Types of Chart of Accounts:-
 Operating chart of Accounts
  Country-Specific chart of Accounts
 Group Chart of Accounts
Assign Company Code to Chart of Accounts in SAP

Tcode Ob62

 IMG Menu Path :-   SPRO > SAP Reference IMG >
Implementation Guide –> Financial accounting –> G/L
Accounting –> GL Accounts –> Master Data–> Preparations –
> Assign Company Code to Chart of Account
 The chart of accounts must be assigned to each company
code in SAP

Multiple company codes can be assigned to a single

charts of accounts but multiple chart of accounts cant be
assigned to single company code
What is a g/l account in SAP?
A g/l account in Sap is system that provides the overall
picture of external accounting and accounts and to
record all the business transactions in SAP.