Hello Friends, Today we will discuss the meaning of "Define Company" and process to create Company.

Meaning of Company

Company is the group of Company in which we will create our consolidated financial statement. The word "Group of Companies" means in one Company we will assign multiple Company i.e. Company Code. COMPANY is the equivalent to legal entity. Therefore, COMPANY is the parent of the all COMPANY CODE.

For example,
ABC Industries Ltd - is the Parent or Group Company. The group company having three different legal entity like below:-

ABC India Ltd - is the child organization or told as COMPANY CODE
ABC UK Ltd - is the child organization or told as COMPANY CODE
ABC Canada Ltd - is the child organization or told as COMPANY CODE

Process to create COMPANY in SAP
  • After logged in in SAP. Type SPRO in comment bar and press entry
  • Expand the ENTERPRISE STRUCTURE and select DEFINE COMPANY option. Please follow below SNAP. Users can also search form by type \nOX15 in comment boss and press enter.

  • Below page will open

If you need to know any field (like language) specification or details shows in image, please add your comment.
  • Insert available data 
  • Fill necessary fields and SAVE
  • After save, click New for generate TRANSPORT REQUEST NUMBER

  • Insert short description and click on SAVE
  • Copy the TRANSPORT REQUEST NUMBER in excel file.
  • Click on CONTINUE icon