Define Company in SAP FICO

guides you how to define company in SAP step by step with screen shots. Let us discuss briefly about company. Define Company in SAP About Company in SAP:- Company is the organizational unit for which individual financial statements can be drawn according to the relevant commercial law. A company can comprise of one or more company codes. A Company has local currencies in which its transactions are recorded. All company codes within a company must use the same transaction Chart of accounts and the same Fiscal Year. Creation of company in sap is optional. Path to Define Company in SAP :SAP !" Path# $ SP%& $' mplementation "uide for %() Customizing * !"+ $' ,nterprise Structure $ ' -efinition $' Financial Accounting $' Define Company .ransaction code to /Define Company in SAP #0 OX15 Steps fo c eation of Company: ! Step 1 :- ,nter .ransaction Code SP%& in the commend field and press enter on the 1eyboard

Step 2 #0 3e4t Customizing e4ecute pro5ect screen select SAP "efe ence I#$

Step % #0 After Selecting SAP %eference !"6 a new screen !" Path will be displayed. Select Define company e4ecute icon for creating a company

3e4t Screen will be displayed after selecting the define company e4ecute icon

Step &:0 3ow Select 3ew entries icon and enter the company details

.he following details are to be entered for c eatin' a ne( company 7. ,nter 8 character alphanumeric code 9ey that represents the group of company 2. ,nter name of your company ). n the -etailed information update the address $ Street name6 P& :o4;6 Postal code6 City.

<. ,nter Country Code of the company =. ,nter language 9ey 8. ,nter local currency for the company *also 9nown as Company code currency+ >. Clic9 on Save icon or C.%L?S after updating the re@uired information .hus new Company ADA"S) is created in SAP.

How to Create Company Code in SAP | Define Company Code

Define Company Code Company Code in SAP is the smallest organizational unit of Financial Accounting for which you draw individual financial statements li9e :alance Sheet and Profit A Loss Account for purpose of e4ternal reporting. .he Creation of company code in sap is mandatory PA*) #0 IMG Reference > Enterprise Structure > Definition > Financial Accounting > Edit, Copy, Delete Company Code .ransaction code to Define company Code #0 &BC2

Steps to Define Company Code: Step 7 #0 ,nter .ransaction Code SP"O in the commend field and press enter

Steps 2 #0 n customizing e4ecute pro5ect screen se+ect SAP "efe ence I#$

Step % :- n ne4t screen select Edit, Copy, Delete c ec! Company Code

Step & :- .he below screen displays after selecting Edit, Copy, Delete Company Code " Define Company Code #

we can create company code by selecting above two options. :y selecting first option copy, De+ete, company code all the configuration and tables get copied automatically along with assignments. Dere we are creating company code manually configure all the assignments by selecting second option -dit Company Code Data . Doub+e c+ic/ on -dit Company Code Data

Step = #0 Clic9 on 0e( -nt ies

and update the following details

7. Epdate new Company code /ey A-C8 2. "ive the company name Adarsh .echnologies for identifying the company code 9ey ). n Additional -ata update the details of City6 Country6 local Currency of company6 Language. Clic9 on Address and Epdate the following fields

Aft er updating Address enter Clic9 on Save icon .hus the company code A-C8 is created in SAP

)o( to Assi'n Company Code to Company in SAP

Assi'n Company Code to Company !enu Path #0SP%& $' !" %eference $' ,nterprise Structure $' Assignment $' Financial Accounting $ ' Assi'n Company Code *o Company .ransaction Code #0 OX11

.he following are the steps to Assi'n the Company Code to Company in SAP FICO

Step 1 #0 ,nter the .0Code SP"O in the commend field

Step 2 #0 Clic9 SAP "efe ence I#$

Step % #0 Follow the Path as per below screen shot

Step & #0 Clic9 Position Epdate company code for which you wants to assign and ,nter

Step 5 #0 Epdate Company - in Company field and clic9 on save icon

.hus company code AD31 was assigned to Company ADA"S).

C eate Fisca+ 4ea 5a iant in sap 6 Fisca+ yea Accountin' Pe iod

Fisca+ 4ea 5a iant in sap fiscal year is divided in to number of posting periods and each posting period in a accounting period is defined by a start date and end date Fisca+ year in SAP can be defined as year dependent or Year ndependent 4ea yea independent dependent $ $ Same number and dates for the Periods can be different from year to year periods every year

Define Fisca+ yea 5a iant :- Fiscal year variant is used to define the fiscal year A Fiscal year variant contains the 72 normal posting periods and < special periods. Fe can define ma4imum 78 posting periods for each year. Special periods are used for Year end activities Steps fo confi'u e the Fisca+ yea 7a iant :Step 1 #0 ,nter SP%& .ransaction Code in the SAP Commend field and press enter

Step 2 #0 n the ne4t screen select SAP %eference mg

Step ) :n the ne4t screen -isplay mg 6 follow the !enu path SAP %eference !" $' Financial Accounting $' "lobal Settings $' Fiscal Year $'#aintain Fisca+ 4ea 5a iant

Step < :n the ne4t screen select 3ew ,ntries to create Fiscal year

Step = #3ew entries to Create fisca+ yea 7a iant screen6 update the following information.

7. n the field Fiscal year variant FG enter the two digits uni@ue code 2. n the description field update the name of Fiscal year Gariant ). Select the year0-ependent option if the Periods are different from year to year <. Select Calendar yr option if same number and dates for the periods of every year =. Epdate 72 in the 3umber of Posting periods field 8. Epdate < in the 3o. of Special Periods Field. After updating the re@uired data and clic9 on save icon Step 8 #:loc9 Fisca+ 4ea 5a iant A- and -ouble Clic9 on Periods folder

Step 8 :Select 3ew ,ntries :utton

Step H #0 !aintain the Periods for the Fiscal Year Fi st Co+oumn - !onth Second Coumn - -ay *hi d Co+umn - Period

Fou th co+umn - Year Shift

After !aintain Fiscal Year Gariant Periods6 Clic9 and Save icon. .hus the Fisca+ 4ea 5a iant Ad is created.

)o( to Assi'n Company Code to Fisca+ 4ea 5a iant

Single Fiscal Year Gariant can be assigned for multiple company codes. .he lin9 between Fiscal Year Gariant and Company Code is established through the assigning Company Code to Fiscal Year Gariant. Path fo Assi'n Company Code to Fisca+ 4ea 5a iant SP%& ' mplementation "uide for %() Customizing * !"+ $' Finance Accounting $' Finance Accounting "lobal Settings $' Fiscal Year $' Assign Company Code to Fiscal Year variant * ansaction Code fo Assi'n Company Code to Fisca+ 4ea 5a iant . Code ' &:)>

Assi'n Company Code to Fisca+ 4ea 5a iant Confi'u ation Steps :-

Step 1 :0.ype SP%& in the Command Field of the SAP ,asy Access !enu Screen and press enter 9ey on

the 1eyboard. Step 2 :- Clic9 SAP %eference !" con6

Step % :- n ne4t screen follow the Path Assign Company Code to Fiscal Year Gariant

Step & :0 Clic9 Position Step 5 :- After selecting position6 update the company code and press enter

Step 1 :0 n ne4t screen Epdate fiscal year variant field for the re@uired Company Code and Press enter on the 9eyboard.

Step 8 #0 Clic9 the Save con located at the upper left corner of the screen to save the updated data. .hus Company Code AD31 is successfully assigned to Fisca+ yea 5a iant AD .

)o( to C eate Postin' Pe iod 5a iants 6 SAP PP5

Postin' Pe iod 5a iant is accountable for the opening and closing of periods in a Fiscal Year for postings to ta9e place. .he Posting Period Gariants * PPG + in SAP is used to control which accounting period is open for postings and ensuring that closed period remain balanced and reconciled. we can assign posting period variants to one or more company codes. Posting Periods are opened and closed for all company codes in SAP by the PPG. Steps to C eate Postin' pe iod 7a iants in SAP :Step 7 #0.ype SP%& in the Command Field of the SAP ,asy Access !enu Screen and press ,nter 9ey on the 1eyboard.

Step 2 #0 Clic9 SAP %eference !" con

Step ) #0 n ne4t screen follow the menu path to create posting period variant !" !enu Path #0 S$R% > Implementation Guide for R&' Customi(ing "IMG# > Finance Accounting > Finance Accounting Glo)al Settings > Documents > $osting $eriods > Define *ariants for open p osting periods

Step < #0 .he define posting period variants screen is displayed6 Clic9 on new entries to create SAP PPG

Step =#0 ,nter four digit code in the Gariant field6 update variant name in the name field. Dere we created posting period Gariant A-&8

Step 8 #0 After updating posting period variant and name fields clic9 on save icon to save the data. .hus Postin' Pe iod 5a iant AD31 is defined ..

Define 5a iant fo Open and C+ose Postin' Pe iods 6 SAP O952

Pu pose of Open and C+ose Postin' pe iods Confi'u ation:.he posting periods can be maintained as per account type and the year which is to be open A which is to closed. .he Posting Period Gariant is used to control which accounting period is to be open for posting and ensuring that closed periods are remain balanced and reconciled Path fo Define open and c+ose postin' pe iods:mplementation "uide for %() Customizing * !"+ $' Finance Accounting $' Finance Accounting "lobal Settings $' -ocuments $' Posting Period $' open and close posting periods * ansaction code open and c+ose postin' pe iods :- O952 Step 7 #0.ype SP%& in the Command Field of the SAP ,asy Access !enu Screen and press ,nter 9ey on the 1eyboard

Step 2 #0 Clic9 SAP %eference !"

Step ) #0 n ne4t screen follow the menu path to -efine Gariant for open and close posting periods

Step < #0 Clic9 on 3ew entries to -efine Gariant for &pen and Close Posting Periods

Step 8 #0 n 3e4t screen update the re@uired data as described below

7.5a iant:0 ,nter four digits Posting Period variant Code 2. A:0 Select Account .ype * A + ? I Galid for all Account .ypes *mas9ing+ A I Assets - I Customers *A(%+ 1 I Gendors *A(P+ ! I !aterials S I "eneral Ledger Accounts. ).F om Account:- 1eep :lan9 <.*o Account:0 Epdate Account =. F om Pe iod 1:0 ,nter Starting Period 8.4ea :- ,nter Year >.*o Pe iod:0 ,nter ,nding Period H.4ea :0 ,nter Year J.F om Pe iod 2:0 ,nter First Special Period 7C.4ea :0 ,nter Year 77.*o Pe iod:- ,nter Special Period 72.4ea :- ,nter Year 7).Autho i:ation ' oup ; Au$ <:- You can assign authorization groups in which some periods can only be opened for particular users

7<. Clic9 on sa7e icon to save the defined open and close posting periods .hus &pen and Close Posting Periods are configured in SAP.

Assi'n Postin' Pe iod 5a iant to Company Code

n this activity you assign the same Posting Gariant 1ey to the company codes . * ansaction code fo Assi'n Postin' pe iod 5a iant to Company Code :0 &::P I#$ #enu Path :SP%& ' Imp+ementation $uide fo "=% Customi:in' ;I#$< $' Finance Accounting $' Finance Accounting "lobal Settings $' -ocuments $' Posting Period $' Assign Gariants to Company code Steps to Assi'n Postin' Pe iod 5a iant to Company Code Step 7 #0 ,nter transaction code SP%& in the SAP Command field and press enter

Step 2 #0 Select SAP %eference !"

Step % :- n ne4t screen follow the path

Step & :0 Clic9 on Position

Step 5 :- After clic9s on position enter the company code and press enter on 9ey board

Step 1 :- n ne4t screen update Posting Period variant Code A-C8 in the Gariant field

Step 8:- After updating Posting period variant Clic9 on Save icon.

.hus Posting Period Gariant is Assigned to Company Code .

Define Fie+d Status 5a iant in SAP 6 Fie+d Status $ oup

.he field status group specifies which fields are ready for input6 which are re@uired entry fields6 and which are hidden when entering documents. -escription and Configuration values of Field Status "roup FSt$ oup *e>t $331 "eneral *with te4t6 assignment+ $33% !aterial consumption accounts $33& Cost accounts $335 :an9 accounts *obligatory value date+ $331 !aterial accounts $338 Asset accts *w(o accumulated depreciation+ $33? Assets area clearing accounts $33@ :an9 accounts *obligatory due date+ $311 Clearing accounts *with settlement per.+ $312 %eceivables(payables clearing $31% "eneral *obligatory te4t+ $31& !! ad5ustment accounts $318 Freight(customs provisions(clearing *!!+ $31? Scrapping *!!+ $31@ &ther %eceivables(Payables

$32% $325 $321 $32@ $3%3 $3%1 $3%2 $3%% $3%1 $3%@ $3&3 $3&1 $3&5 $3&@ $353 $352 $351 $35@ $312 $31& $318 $31? $31@ $383 $381

Plant maintenance accounts nventory ad5ustment accounts Accounts for down payments made %evenue accounts Change in stoc9 accounts Accounts for down payments received :an9 accounts *obligat. value(due dates+ Cost accounts for e4ternal services %evenue accts *with cost center6 PA+ Accts for pmnts on acct made for assets Personnel clearing accounts .a4 office clearing accounts "oods(invoice received clearing accounts !anufacturing costs accounts Central control clearing accounts Accounts for fi4ed asset retirement Amortization accounts nventory accounting material stoc9 acct nvestment support accounts &ther cost accounts *obligatory te4t+ %econciliation accounts %econciliation accts *payables $ Austria+ Cost accounts *travel e4penses+ Clearing accounts *travel e4penses+ %econciliation accts * 1 -3& (Foreign payment+

Steps to Define Fie+d Status 5a iant Step 1 :,nter .0Code SP%& in the Command Field of the SAP ,asy Access !enu Screen and press ,nter 9ey on the 1eyboard

Step 2 :0 n ne4t screen clic9 on Clic9 SAP %eference !" con

Step % :mplementation "uide for %() Customizing $' Finance Accounting $' Finance Accounting "lobal Settings $' -ocuments $' Line tem $' Controls $' -efine Field status variants

Step & :0 n 3e4t screen bloc9 CC7 Field status variant

Step 5:- After selecting CCC7 field status variant clic9 on copy as icon * short cut 1ey F8+. n ne4t screen update re@uired new Field Status variant Code and Epdate Field status variant 3ame

Step 1 :- After updating Field Status variant and Field Status 3ame6 press ,nter 9ey on the 1eyboard. Select copy all button

Step 8:0 Fe get a message number of dependent entries copied as <7

Step ?:- ,nter and select save button

or C.%L ? S

Fe successfully configured Field Status variant.

Assi'n company code to fie+d status 7a iants SAP FICO

* ansaction Code Assi'n company code to fie+d status 7a iants :0 &:C= I#$ #enu Path :0 mplementation "uide for %() Customizing * !"+ ' Finance Accounting $' Finance Accounting "lobal Settings $' -ocuments $' Line tem $' Controls $' Assign Company code to Field Status Gariants Steps for Assigning company code to field status variants #0 Step 1 :,nter .0Code SP%& in the Command Field of the SAP ,asy Access !enu Screen and press ,nter 9ey on the 1eyboard

Step 2 :- n ne4t screen clic9 on Clic9 SAP %eference !" con

Step % :- n ne4t screen follow the menu path

Step & :- n ne4t screen Clic9 on position and update the company code and press enter

Step 5 :0 n ne4t screen update field statues variant in the Fld Stat.Gar. field

Step 1 :- After Assign company code to field status variants6 Clic9 on save icon to save the configuration settings .hus Company code A-C8 is successfully assigned to field status variants.

Define Postin' Aeys in SAP FICO 6 Account type SAP

Postin' Aeys :0 Posting 9ey in SAP is a two digits numerical 9ey that determines the type of transaction entered in a line item Posting 1eys -etermines #0 7. Account .ypes * A6 -6 16 !6 S + 2. .ype of postings i.e -ebit or Credit Account *ypes in SAP :7. Assets 2. "eneral Ledger ). Customer <. Gendor =. !aterial Account *ype Custome postin' /eys :-

Postin' Aey Desc iption 7 2 ) < = 8 > H J 77 72 7) 7< 7= 78 7> 7H nvoice %everse credit memo :an9 charges &ther receivables &utgoing payment Payment difference &ther clearing Payment clearing Special "(L debit Credit memo %everse invoice %everse charges &ther payables ncoming payment Payment difference &ther clearing Payment clearing

Account *ype Debit=C edit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer -ebit Customer Credit Customer Credit Customer Credit Customer Credit Customer Credit Customer Credit Customer Credit Customer Credit

Account *ype $ene a+ Bed'e Postin' Aeys Posting 1ey <C =C HC H7 H) H< H= H8 JC J7 J) J< J= J8 -escription -ebit entry Credit entry Stoc9 initial entry Costs Price difference Consumption Change in stoc9 "%( % debit Stoc9 initial entry Costs Price difference Consumption Change in stoc9 "%( % credit Account .ype -ebit(Credit "(L -ebit "(L Credit "(L -ebit "(L -ebit "(L -ebit "(L -ebit "(L -ebit "(L -ebit "(L Credit "(L Credit "(L Credit "(L Credit "(L Credit "(L Credit

Account *ype Asset Postin' Aeys Posting 1ey -escription -ebit(Credit >C -ebit Asset -ebit >= Credit Asset Credit Account *ype #ate ia+ Postin' Aeys

Posting 1ey -escription HJ Stoc9 inward movement JJ Stoc9 outward movement Account *ype 5endo Postin' Aeys Postin' Aey 27 22 2< 2= 28 2> 2H 2J )7 )2 )< )= )8 )> )H )J Desc iption Credit memo %everse invoice &ther receivables &utgoing payment Payment difference Clearing Payment clearing Special "(L debit nvoice %everse credit memo &ther payables ncoming payment Payment difference &ther clearing Payment clearing Special "(L credit

Account .ype -ebit(Credit !aterial -ebit !aterial Credit

Account *ype Debit=C edit Gendor -ebit Gendor -ebit Gendor -ebit Gendor -ebit Gendor -ebit Gendor -ebit Gendor -ebit Gendor -ebit Gendor Credit Gendor Credit Gendor Credit Gendor Credit Gendor Credit Gendor Credit Gendor Credit Gendor Credit

Postin' /ey Confi'u ation Steps :- * ansaction Code ! O9&1 Step 1 :0 ,nter .0Code SP%& in the Command Field and press enter

Step 2 #0 Clic9 SAP %eference !"

Step ) #0 Follow the !" !enu path SP%& ' mplementation "uide $' Finance Accounting $' Finance Accounting "lobal Settings $' -ocuments $' Line tem $' Controls $' -efine Posting 1eys

Step & :0 Clic9 on Create con

Step 5:- Epdate two digits numerical 9ey code in the Posting 9ey field and update name of the posting 9ey in the name of the posting 9ey field

Step 1 #0 Epdate the following data 1. Debit=C edit indicato :0 Select the debit or credit 2. Account *ype :- Select appropriate account type %. Othe att ibutes :- Select appropriate attribute i.e Sales related or Special "(L &. "e7e sa+ Postin' Aey :- Epdate the reversal posting 9ey

Step 8 #0 clic9 on save icon

Posting 9ey successfully configured in SAP Posting 1ey 3ame >C -ebit asset >= Credit asset -ebit(Credit Asset -ebit Credit

)o( to define Document *ypes in SAP Fico 6 Document *ypes SAP

-ocument types are defined at the client level so document types are apply for all company codes. -ocument type 9ey is used to classify accounting documents and distinguish between business transactions to be posted Document *ypes Dete mines :-

-efine 3umber ranges for documents t controls Account types allowed for postings e.g. Assets6 vendor6 Customer6 3ormal "l Account -ocument type that to be used for reversal postings.

Document *ypes Desc iption :Document *ype AA A: AF A3 -" -% -A -K ,E ,B 1A 1" 13 1P 1L 1% 1K 1S 1G 1F 1B 1Y !L P% %A %, %3 %G SA S: S1 SE E, Document *ype Desc iption Asset posting Accounting document -ep. postings 3et asset posting Customer credit memo Customer invoice Customer document Customer payment ,uro rounding diff. ,4ternal number Gendor document Gendor credit memo 3et vendors Account maintenance .ransporter nvoice Gendor invoice Gendor payment Contract nvoice %aw !aterial Payment Contractor Payment .ransporter Payment Stores Payment !L settlement Price change Sub.cred.memo stlmt nvoice $ gross nvoice $ net :illing doc.transfer "(L account document "(L account posting Cash document Ad5ustment document -ata transfer

FA F, F FL F3 KP K% KS KG

"oods issue "oods receipt nventory document "oods issue(delivery 3et goods receipt Payment posting :an9 reconciliation Payment by chec9 Payment clearing

Document type confi'u ation steps :Step 1 :0 ,nter .0Code SP%& in the Command Field of the SAP ,asy Access !enu Screen and press ,nter 9ey on the 1eyboard

Step 2 :- n ne4t screen clic9 on Clic9 SAP %eference !" con

Step ) #0 n ne4t screen follow the !" menu path for defining -ocument types !" !enu Path #0 SAP Customizing mplementation "uide $' Financial A(C $' "lobal Settings $' -ocuments $' -ocument Deader $' -efine -ocument types

Step < #0 n ne4t screen clic9 on new entries to create new document 9ey

Step = #0 Epdate the re@uired data 1. Document *ype :0 ,nter uni@ue 2 digits code 2. 0umbe "an'e :0 ,nter number range code %. "e7e se Document *ype :- ,nter reverse document type 9ey code &. 0umbe "an'e Info mation :- 3umber ranges are maintained for the document types 5. Accounts *ypes a++o(ed :0 Select account type for the document type i.e Assets6 Customer6 Gendor6 !aterial6 "(L Account 1. Cont o+ Data:- Select control data for the document type

Step 1 :- After maintaining the re@uired data6 clic9 on save

Step 8 :0 After saving document type 9ey6 update the description of the document 9ey and clic9 on save icon.

.hus document types are successfully configured.

Define Document 0umbe "an'es in SAP

Document numbe an'es are defined at the specific interval with in which documents should be created in SAP and document number ranges depends upon company code and valid for the defined year. Fe can assign one or more document types to each number range. .he number range becomes effective by the document type specified in document entry and posting. Steps to Define Document 0umbe "an'es in SAP *-Code to #aintain document numbe !" !enu Path #0 mplementation "uide ' Financial Accounting ' "lobal Settings ' -ocuments ' -ocument 3umber %ange ' -efine -ocument number range Step 1 :0 ,nter .0Code SP%& in the Command Field of the SAP ,asy Access !enu Screen and press enter 9ey on the 1eyboard an'es :- F:37

Step 2 :0 n ne4t screen clic9 on Clic9 SAP "efe ence I#$

Step ) #0 Follow the menu path as per below screen shot.

Step & :0 n ne4t screen update company code and clic9 on change intervals

Step = #0 3e4t Clic9 on nsert nterval

Step 1 :- Lets create number range for document type /AAM 1. 0o :0 Epdate the 3umber range code of document type AA 2. 4ea :- ,nter Year %. F om 0umbe :0 ,nter from number &. *o 0umbe :- ,nter .o 3umber 5. Cu ent 0umbe :- :y default the current number will be /C 1. ->t :- .ype of number assignment i.e for nternal or ,4ternal 8. Sa7e :- Clic9 on save icon to save the settings ?. Inte 7a+ :- Clic9 on nterval to maintain the number range for another document type

-ocument number ranges are successfully configured in SAP.

Define *o+e ance $ oup fo -mp+oyees in SAP

.he Authorization given to the employees for the ma4imum amount permitted per transaction in SAP. *o+e ance ' oup fo -mp+oyees determines the ma4imum document amount the employees is authorized to post and ma4imum amount can enter as a line item in a Gendor account or customer account. .olerance group is created and assigned to the employees . Steps to Define *o+e ance ' oup fo emp+oyees :* ansaction code fo Define *o+e ance $ oup fo -mp+oyees :- O9A& !" !enu Path #0 SAP mplementation "uide $' Financial A(C $' "(L Accounting $' :usiness transactions $' &pen tem Clearing $' Clearing -ifferences $' -efine tolerance group for employees Step 1 :0 ,nter .0Code SP%& in the Command Field of the SAP ,asy Access !enu Screen and press enter 9ey on the 1eyboard

Step 2 :- Clic9 on SAP %eference !"

Step % :- Follow the navigation as per below screen shot

Step & :- Clic9 on 3ew entries

Step = #0 n ne4t screen update the following data for configure the tolerance group for employees 1. $ oup :- ,nter four digits uni@ue code

2. Company code :- ,nter appropriate company code that you wants to define tolerance group and currency will be automatically updated %. Amount pe document :- ,nter the ma4imum document amount the employees is authorized to post &. Amount pe open item account item :0 ,nter the ma4imum amount the employees is authorized to process the open items 5. Cash discount pe +ine item :- ,nter the ma4imum cash discount percentage the employee can grant per line item 1. Pe mitted payment diffe ence :- ,nter the amount that is permitted for payment difference in %evenue and e4pense field 8. Pe centa'e :- ,nter the percentage that is permitted for the payment difference.

Step = #0 After maintaining all the re@uired information clic9 on save icon

.hus tolerance group for employees is successfully configured.

Define *o+e ance $ oups Fo $=B Accounts

!enu Path #0 SP%& ' SAP %eference !" $' Financial Accounting $' "eneral Ledger Accounting $' :usiness .ransactions $' &pen item clearing $' Clearing -ifferences $' Define *o+e ance $ oups fo $=B Accounts .ransaction Code# $ &:AC

Clic9 on /3ew entriesM to maintain the entries

n new entries screen6 update the following data.

,nter the company code Epdate the tolerance group description

After updating data6 choose save icon to save the configured data.

Assi'n Cse s to *o+e ance $ oups

I#$ !D Financia+ Accountin' !D $ene a+ Bed'e Accountin' !D 9usiness * ansactions !D Open item c+ea in' !D C+ea in' Diffe ences !D Assi'n Cse to *o+e ance $ oups. .ransaction code # &:=>

&n the screen6 change view /Assign users $' .olerance group /# &verview6 clic9 on new entries

&n the new entries screen6 update the user name and tolerance group that you want to assign users to tolerance group.

After assigning user to tolerance group6 clic9 on save button to save the data.

-nte $+oba+ Pa amete s fo Company Code O941

SAP !" Path # 0 SP%& 0' SAP %eference !" *F=+ 0' SAP Customizing mplementation "uide 0' Financial Accounting 0' Financial Accounting "lobal Settings 0' Company Code 0' -nte $+oba+ Pa amete s. .ransaction Code# $ &:Y8

-ouble clic9 on your company to enter global parameters

Epdate the following fields. D Cha t of accounts: - cha t of accounts is a list of "L accounts master record that are used by the organisation. A chart of accounts must be assigned to each company code and it is defined at client level. D Count y cha ts=Accounts :0,nter country chart of accounts if the company code that you configured has a special country or statutory chart of accounts. D Company: - Company is the organisational unit for which individual financial statements can be drawn according to the relevant commercial law. A company can comprise of one or more company codes and it has local currencies in which its transactions are recorded.

' F# A ea: - ,nter Financial management *F!+ area 9ey if you are using funds management and it is used for function of the treasury module. D C edit Cont o+ A ea: $ ,nter your credit control area 9ey for your company code. t controls the credit limits for your customers. ' Fisca+ 4ea 7a iant: - Fiscal year variant is used to define the fiscal year 6 it contains 72 normal posting periods and < special periods. Fe can define ma4imum 78 posting periods for each year. Special periods are used for Year end activities. D Company code is p oducti7e:- .his settings is applicable for your production client.6 it is not possible to delete transaction data from the SAP system after you set your company code is as productive. D 5at. "e'ist ation no: - ,nter vat *value added ta4+ registration number here. ' Postin' pe iod 7a iant: - .he Posting Period Gariant is used to control which accounting period is to be open for posting and ensuring that closed periods are remain balanced and reconciled. D P opose 7a+ue data:- Select this indicator to ma9e the current date as default date by the system. .he valued date is used for accounts payable6 accounts receivable and treasury transactions. D #a>. ->chan'e ate de7iation : - ,nter ma4imum e4change rate percentage in which a foreign currency transactions can deviate from the rates enter in the e4change rate table.

After updating all the mandatory fields6 clic9 on save icon to save the configured data.