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Fi organizing structure Company List of company codes Business area Chart of accounts Group Company is nothing but Consolidation

Company What is local currency? When we define company code location area we define currency that is called local currency What are requests? Requests are two types. They are customization request and workbench request Customization request: functional consultant s configuration and customizations are called as customization request. Workbench request: technical consultant s changes are called as workbench request NOTE: Business area is maintained at the client level. We can use business area only at the transactional data Company global settings: Fiscal year (financial year) Posting periods Document types Field status variant Tax procedure Financial accounts global setting: Maintain fiscal year: we have 12 posting periods and 4 special periods