Last Updated on August 7, 2022 by admin

How to Create Company in SAP

The following SAP training guides on how to create a new company in SAP step by step.

What is a company in SAP: – Company is the highest organizational unit for which financial statements like balance sheets and profit & loss statements can drown according to the needs of organizations. A single company contains one or many company codes. All the company codes in SAP must use the same COA (chart of accounts) and fiscal year.

Let’s learn how to create company in SAP step by step.

Step 1: – Update t-code “SPRO” in SAP command field and enter.

SPRO

Step 2: – In next screen execute project, select “SAP Reference IMG” (short cut function key F5)

SAP Reference IMG - CRM Systems

In next screen display img, follow the path, and double click on “Define company”

Enterprise Structure >> Definition >> Financial Accounting >> Define company

Step 3: – In next screen Companies list will be displayed, you can create a new company by either by selecting new entries or copying from an existing company. Here we are defining new company code by selecting new entries.

SAP Reference IMG - CRM Systems

Step 4: – On the new entries screen, update the following details.

  1. Company: – Update the six-character alphanumeric key that identifies the company in SAP.
  2. Company Name: – Update the name of the company.
  3. Street: – Update the street address, where the company is located.
  4. PO Box: – Update post box number.
  5. City: – Update the city name
  6. Country: – Update the country code that the company is located, if the company is located in India – IN, United States- US, United Kingdom – UK.
  7. Language Key: – Update the default language key for the company
  8. Currency: – Update the local currency key, e.g. USD, INR, EURO, etc.

How to Create New Company in SAP

Now the new company in SAP is created.