This is the last of four blogs that discuss and list the steps involved in adding a new company code to the database. The subjects covered by the four documents are listed below:

  1. Part 1 of the enterprise structure
  2. Part 2 of FI Configuration
  3. Part 3 of SD Configuration
  4. General Logistics – Part 3
  5. Part 4 of AR & AP
  6. Third-Party Materials Management

I’ll wrap up the discussion in this blog post by outlining the AP and AR objects that need to be configured. I’ll wrap up with a brief discussion of some important master data elements that must be established and kept up to date to complete the setup.

Configuration of AP and AR

  • Define the Cash Discount Base for Receiving Invoices (OB70)
  1. Symbol indicating that the base amount used to calculate the discount does not include the sales tax.
  • OBA3 – Define Vendor/Customer Tolerances You can create various tolerance groups in this area and attach them to particular Customers or Vendors.
  • OBA4 – Establish Employee Tolerance Groups
  1. You can construct particular groups with this transaction that establish various levels of journal entry tolerances and payment difference posts.
  • FBZP – Create payment schemes.
  1. Through this transaction, a house bank and associated accounts can be set up, through which payments will be made.
  2. The configuration of Payment Methods depending on Country, Company Code, and Bank Account enables automatic posting of payment runs.

Again, these are some fundamental configuration settings that, when correctly implemented, enable fundamental standard operations for a new company code within SAP. I want to talk about some important master data items right now that must be established in order for the system to function.

Master Data Components of Various Types

You must next produce master data for your new company code after the configuration is finished and moved into the QAS and PRD environments. I have separated the essential elements of the master data into two sections: FI and CO. These must be carried out independently in the appropriate QAS and PRD clients.

  1. Master Data FI
  • OBH1 – This job makes it very simple to replicate FI Document Number ranges from an existing company code to a new company code when generating a new additional business code.
  • FBN1 – This lets you check that all of the number ranges OBH1 just generated were copied correctly to the new business code.
  • The COA can be easily copied using the simple tool FS15 from one existing company code to the new company code.
  • Open/Close FI Posting Period: OB52
  • It is crucial that you activate the Material Ledger with this transaction at startup if you have chosen to use it.

      2. Master Data CO

  • Create new profit centres that can be specific to the new company code with code KE51.
  • KE56: Designate and turn on each applicable Profit Center for the new Company Code.
  • KCH2 – If necessary, create new profit centre groups.
  • Create or modify cost centre groups using KSH1/KSH2
  • New Cost Centers for the New Company Code: KS01
  • KANK – Verify the configuration of the Controlling Area document number ranges. If you’ve also formed a new Controlling Area and Company Code, then this becomes a crucial step.

The setup for a new company code is now complete. You now have a general understanding of the steps and important transactions necessary to create a new company code in SAP after reading all four of these blogs.