How to Activate Business Place in SAP S/4Hana
In this SAP tutorial, you will learn how to activate the business place features in the SAP S4 Hana system. The business place is activated at the country level/ Region Level.
- The activation of business place enables to get the complete reports as per business places and also it activate the record of business place in the transactions. With the business place, the tax reports are generated.
- Business place plays an important role for reporting of taxes as per the location.
- A business place can be any physical office, branch or any location of an organization operates.
- Business place can helps in tax compliance, simplified reporting, etc.
You can activate the business place by using the following configuration steps:
- SAP IMG Path: SPRO > SAP Reference IMG > Cross Application Components > General Application Functions > Business Place > Activate Business Place.
Note: The activation business place is one of the important step in SAP GST implementation.
Step 1: On the change view “Activate Business Place”: overview screen, check if the business place is activated for your country.
If the business place is not activated, click on the “New Entries” button
Step 2: On the new entries screen, update the following required details
- C/R: Enter the Country or Region key
- BP Active: Enable the option to activate the business place to the Country or Region.
Click on the “Save icon” and save the details.
Continue to read how to create a new business place in SAP.