1) Create Company OX15

2) Create Company Code-OX02

Edit Company Code:-

-Click on this

Click Right button.

3) Define Business area:-

OX03

<Save>
4) Consolidated Business area:OCC1

Save
5) Define Segment:-SEGMENT
<New Entries>

<Save>
6) Create Controlling area:-OX06

Maintain Controlling area

7) Create Profit Center:-

Create Profit Center

The Below Pop up Screen will display

Give Controlling area code as created above <Enter>

Assignment

1) Assign Company code to company:-OX16

Go to <Position>

Select company

<Enter>

<Save>
2) Assign Business area to Consolidated Business area:-

<Save>
3) Assign Company code to controlling area:-OX19

Click on <Position>

Double Click on controlling area

Select Assignment of company codes

<New Entries>

Chart of Account
1) Group Chart of account

2) Operational Chart oF account

3) Country Specific Chart of account

4) Assign Company code to chart of account

Operational chart of account

Country Chart of account
In Operational chart of account; group chart of account is attached.

Account Group
Maintain Account Group

The data is relevant for the master record. Homogenously defined

structure for master creation. And number range is assigned to the master
record through account group.
An Account group controls the data that needs to be entered at the time
of master creation. It is basically the fields which pop up during the
master creation.
Account group is defined at chart of account level.

<Save>
To update the field status; select the group and click on field status

We can update the field status here for GL master creation screen.

Variant
3 types of variants are used in SAP
1) Fiscal year variant
2) Posting Period variant
3) Field status variant

1) Fiscal Year Variant

Fiscal year defines the amount of periods and their start and end date.
1) Fiscal year Variant:-It is an accounting year with 12 posting period and
4 special posting periods for which the company produces individual
financial statement.
2) It contains the posting period in which financial transactions take
place.
3) SAP has provided posting periods and special periods not to exceed
more than 16 periods.
4) The Fiscal year does not define the information about whether the
period is open or closed.
To differentiate the business transaction; the fiscal year with posting
period has to be defined.

a)

b)

c)

d)

Type of Fiscal Year

a) Year Dependent
b) Year Independent
c) Calendar Year
d) Shortened Fiscal year
Year dependent Fiscal Year:-Start and end date of 2 consecutive financial
years is different. Year dependent fiscal year means the start and end date of
posting period of some fiscal year will be different from the dates of other
fiscal year. The posting period would be different for the fiscal years.
Like in a fiscal year variant 1 fiscal year is from 1 st apr to 31st march and 2nd
fiscal year is 1st june to 30th may.
Year Independent Fiscal year:- Year Independent Fiscal years uses the same
time frame of posting period and the posting periods are always start and
end with same day of the year.
1st apr to 31st mar 2014 and 1st apr to 31st mar 2015.Both are fiscal year
dependent.
Calendar and non-calendar Year:-The posting periods are same as calendar
year.1st jan to 31st December is calendar year.
If the fiscal year years posting period is not calendar year then it is noncalendar year.
Shortened fiscal year:-Fiscal year that contains the less than 12 months .(It
can be dependent or independent fiscal year).
Shortened fiscal year arises at the time of establishment of new company at
midyear or Changeover from calendar year to non-calendar year. Mostly we
maintain as year dependent because we are restricting to a particular year.

We need to maintain the fiscal year variant for every year

Year shift
+1=If the fiscal year is later than calendar year.
-1=If the fiscal year is before the calendar year.

Maintain Fiscal year variant:-OB29

Give the fiscal year variant

<Save>
Select the line

Select Period

12 month

4 month

Then

Give data as above

We have taken Independent fiscal year for Apr to Mar.
Here Month is
01=January, 31 days, 10th Period, Year shift-1
02=February, 29 days, 11th Period, Year Shift -1
03=March , 31 days, 12th Period, Year Shift -1
04=April
,30 days,1st Period, Year shift 0
05=May
,31 days,2nd period,0
06= June ,30 days,3rd period,0
07=July
,31 days ,4th period,0
08=August,31 days,5th period,0
09=September,30 days,6th period,0
10= October,31 days,7th period,0
11=November,30 days,8th period,0
12=December,31 days,9th period,0
Here days are the last date of the months. Like 31 st means 31st of
January, 31st of March, 31st of May like this.
We can define the date for each month if we want to take the specific
date of the month.
Specifying the date of starting transaction for a month.

Assign Company code to fiscal year:-OB37

Give company code

Assign fiscal year variant with company code

<save>