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What is Controlling Area and Company Code Relations about?

- A controlling area can have either a single or cross company code relationship and can be assigned to multiple company codes. It is the umbrella for controlling activities while the company code is the umbrella for finance activities. - A company code can only have one chart of accounts assigned to it which contains all the general ledger accounts. - There are two types of fiscal year variants in SAP - calendar year and year dependent, which determines how periods are defined for financial reporting.

Author

Manjunathreddy Seshadri

Language

EN