Contents

Company code setup for all FI sub-modules................................................................................................. 2

GL Setup ........................................................................................................................................................ 3
AP Setup ........................................................................................................................................................ 4
AR Setup ........................................................................................................................................................ 4
AA Setup........................................................................................................................................................ 4
CO Setup ....................................................................................................................................................... 5
MM setup with FI integration ....................................................................................................................... 6
Company code setup for all FI sub-modules

Many times, as SAP FI Consultants we have to configure company codes very often. Whether it could be
for testing purpose or training purpose or based on real time requirement. Below list is prepared as easy
reference guide, so that you should be able to quickly configure any company code. It is not for freshers,
it is assumed that you know the function and importance of each configuration steps. You can blindly
follow below list and configure all steps for creating ready to use company code.

All of these steps are performed in YouTube videos of SAP College.

https://www.youtube.com/channel/UC0lufmNFyVAXjGM7pkjZxmg

Below is the quick list of steps and after that you can find these steps with screenshots and brief
introduction.

GL Setup

1. Creation of Company code (T-Code – OX02)

2. Create company (in case of trading partner/intercompany netting) TCODE – OX15
3. Assign co code C058 to company C058 (Tcode – OX16)
4. Create Chart of Account OB13
5. Create Account group OBD4

--- Table T001 ---

6. Define posting period variant OBBO & Maintain posting period OB52
7. Define field status variant - OBC4
 8. Set Global parameter – OBY6
9. Tolerance group – OBA4 (table to check T043T)
10. Define Tolerance Groups for G/L Accounts (OBA0) Table (T043S)
11. Additional currencies for co code – OB22
12. Define Number range FBN1
13. Define retained earning account OB53

--- Optional ---

14. Tax procedure & country assignment

--- Master data ---

15. Create GL Account

16. Post the Journal entry

AP Setup

17. Creation of Vendor Account Groups OBD3 (Optional)

18. Create number range for vendors account XKN1 (Optional)
19. Assign number range to vendor account groups OBAS (Optional)
20. Define tolerance group for vendor OBA3
21. Creation of GL as Reconciliation Accounts FS00
22. Vendor Payment Terms OBB8
23. Creation of vendor master data XK01
24. Automatic Payment Program FBZP
25. Define Alternative Reconciliation Accounts for Down payments.
26. Post document

AR Setup

27. Creation of Customer Account Group OBD2 (Optional)

28. Create Number Ranges for Customer Accounts XDN1 (Optional)
29. Assign Number range to Customer Accounts groups SPRO
30. Define tolerance group for Customer OBA3
31. Creation of GL Reconciliation Accounts (Sundry Debtors) FS00
32. Creation of Customer master records XD01
33. Bill of Exchange OBYN
34. Dunning OB61
35. Post Document

AA Setup
 36. Copy Reference Chart of Depreciation / Depreciation areas EC08
37. Assign input tax indicator for non-taxable acquisitions OBCL
38. Assign Chart of Depreciation to Company Code OAOB
39. Specify number range assignment across company code AO11
40. AO71 Specify document type for depreciation posting AO71
41. Specify account assignment type for account assignment object ACSET (Optional – only when
controlling module is configured and active for company code)
42. Define depreciation area for foreign currencies OAYH
43. Specify Account Determination for Asset Class SPRO (Or SM30 - V_T095A_01)
44. Create Screen Layout Rules for Asset Class SPRO (Or SM30 - V_T082A_01)
45. Define Number Range Interval AS08
46. Define Asset Classes OAOA
47. Determine areas in the Asset Classes OAYZ
48. Assign of GL Accounts for Automatic Postings AO90
49. Specify Intervals and Posting Rules OAYR
50. Specify for net book value and / or Depreciation OAYO
51. Define screen layout for Asset master data SPRO (Optional)
52. Define screen layout for Asset Depreciation Areas SPRO (Optional)
53. Depreciation Keys Creation (Optional)
a. Define base Methods SPRO (Or SM30 - V_T090NR)
b. Define Declining Balance Methods AFAMD
c. Define Multi Level Methods AFAMS
d. Maintain Period Control Methods AFAMP
e. Maintain Depreciation Key AFAMA
54. Create Asset
55. Acquire Asset
56. Depreciation run

CO Setup

57. Maintain Controlling Area OKKP

58. Assign company code to controlling area OX19
59. Maintain Number Ranges for Controlling Areas KANK
60. Maintain versions in SAP Controlling OKEQ
61. Activate Components OKKP
62. Create Primary Cost Elements in SAP CO KA01
63. Create Secondary Cost Elements KA06
64. Create cost element group KAH1
65. Create Cost Center KS01
66. Create Cost Center Group KSH1
67. Cost Center hierarchy
 68. Define Cost center categories OKA2
69. Maintain settlement profile

Profit Center

70. Creation of Profit Center KE51

71. Creation of Profit Center Group KCH1

PS Setup

1. Define special characters for project OPSK

2. Define project coding mask OPSJ
3. Create status profile OK02
4. Define Field Selection for Work Breakdown Structures & Project OPUJ / OPUK
5. Define Time Profiles OPTY
6. Activate project management in controlling area OKKP
7. Define validation and substitution rules for Project GGB0 and GGB1
8. Maintain budget profile OPS9
9. Number range for budgeting OK11
10. Define project profile OPSA
11. Create project type for WBS (SPRO-PS-STRUCTURE-OP STRUC.-WBS-)
12. Specify Applicants for WBS elements OPS7
13. Specify Persons Responsible for WBS Elements OPS6
14. Define Layout of WBS Element Detail Screens (SPRO-PS-STRUCTURE-OP STRUC.-WBS-USER
INTF.)
15. Define tolerance limit (SPRO-PS-COST-BUDGET-)
16. Create allocation structure OKO6
17. Create Settlement Profile OKO7
18. Assign settlement profile to project profile OPSA
19. Define Number Range for Settlement Documents KO8N

MM setup with FI integration

1. OX14 – Define valuation level

2. OX10 – Create plant
3. OX09 – Maintain storage location
4. OX08 – Create purchase org.
5. OX18 – Assign plant to cocd
6. OX01 – Assign purchase org to cocd
7. OX17 – Assign purchase org to plant
8. OMSY – Maintain company code for material management
9. OBYC – Maintain account determination
GL Setup

1. Creation of Company code (T-Code – OX02)

Create new company code

2. Create company (in case of trading partner/intercompany netting) TCODE – OX15

Create new company. This will also represent as trading partner entity of your cocd AS02

3. Assign co code C058 to company C058 (Tcode – OX16)

Assign cocd to comapny

4. Create Chart of Account OB13

Create new COA if required. You can also use existing ones if you are planning to have single controlling
area for multiple group of company codes

5. Create Account group OBD4

Create groups for your Chart of account

--- Table T001 ---

6. Define posting period variant OBBO & Maintain posting period OB52

In OBBO create entry of your variant

Then in OB52 maintain posting periods for your variant

7. Define field status variant - OBC4

Create new field status variant in OBC4

It is suggested to have new for each cocd, just to have flexibility on company code level for field control.

8. Set Global parameter – OBY6

OBY6 is one stop tcode for all multiple assingments

Assign posting period variant to cocd

Assign chart of account

Assign country specific chart of account

Assign field status variant

Assign fiscal year variant

9. Tolerance group – OBA4 (table to check T043T)

It is mandatory step to have tolerance group for each company code

You can create it by keeping group field blank to avoid master data maintenance

10. Define Tolerance Groups for G/L Accounts (OBA0) Table (T043S)

This is also mandatory step

You can create it by keeping group field blank to avoid master data maintenance

11. Additional currencies for co code – OB22

Define the currencies for your company code

In ECC you can define upto 3 currencies

12. Define Number range FBN1

Define number range for FI documents

These number ranges are assigned to FI document types in OBA7

13. Define retained earning account OB53

Here you will maintain retain earnings account.

At the year end all P&L balance will be transfer to this GL account.

It should be a balance sheet account (liability – equity)

--- Optional ---

14. Tax procedure & country assignment OBBG

--- Master data ---

15. Create GL Account FS00

16. Post the Journal entry

With this our GL setup is complete.

AP Setup

1. Creation of Vendor Account Groups OBD3 (Optional)

Use the existing or predefined vendor account group (recommended)

2. Create number range for vendors account XKN1 (Optional)

 3. Assign number range to vendor account groups OBAS (Optional)

Assign number ranges to account groups

4. Define tolerance group for vendor OBA3

This is mandatory step to define tolerance group

You can keep tolerance group field blank to avoid master data maintenance

Then this blank group will be applicable for all customer / vendor in your cocd

5. Creation of GL as Reconciliation Accounts FS00

Create vendor recon account to maintain it in vendor master

6. Vendor Payment Terms OBB8

Create new payment terms if required (not cocd dependent activity)

7. Creation of vendor master data XK01

8. Automatic Payment Program FBZP

All company codes

Paying company code

Payment method in country (country specific)

Payment method in company code

Bank determination

House bank FI12

 9. Define Alternative Reconciliation Accounts for Down payments.
10. Post document

AR Setup

1. Creation of Customer Account Group OBD2 (Optional)

2. Create Number Ranges for Customer Accounts XDN1 (Optional)

3. Assign Number range to Customer Accounts groups SPRO

4. Define tolerance group for Customer OBA3
This is a mandatory step for every new company code

However, this is a common configuration for customer and vendor so you have to either configure it
with AP setup or with AR setup

5. Creation of GL Reconciliation Accounts (Sundry Debtors) FS00

6. Creation of Customer master records XD01

7. Bill of Exchange OBYN
8. Dunning OB61

9. Dunning company code in environment OBVU

 10. Post Document

AA Setup

1. Copy Reference Chart of Depreciation / Depreciation areas EC08

Copy the SAP provided country specific depreciation area.

Then make changes to it as per requirement

2. Assign input tax indicator for non-taxable acquisitions OBCL

This is mandatory step before assigning chart of depreciation to company code

3. Assign Chart of Depreciation to Company Code OAOB

 4. Specify number range assignment across company code AO11

Prefilled data, just cross check

5. AO71 Specify document type for depreciation posting AO71

Prefilled data, just cross check

6. Specify account assignment type for account assignment object ACSET (Optional – only when
controlling module is configured and active for company code)

7. Define depreciation area for foreign currencies OAYH

8. Specify Account Determination for Asset Class SPRO (Or SM30 - V_T095A_01)

9. Create Screen Layout Rules for Asset Class SPRO (Or SM30 - V_T082A_01)
10. Define Number Range Interval AS08

11. Define Asset Classes OAOA

12. Determine areas in the Asset Classes OAYZ

13. Assign of GL Accounts for Automatic Postings AO90

14. Specify Intervals and Posting Rules OAYR
15. Specify for net book value and / or Depreciation OAYO

16. Define screen layout for Asset master data SPRO (Optional)
17. Define screen layout for Asset Depreciation Areas SPRO (Optional)
18. Depreciation Keys Creation (Optional)
a. Define base Methods SPRO (Or SM30 - V_T090NR)
b. Define Declining Balance Methods AFAMD
c. Define Multi Level Methods AFAMS
d. Maintain Period Control Methods AFAMP
e. Maintain Depreciation Key AFAMA
19. Create Asset

20. Acquire Asset

 21. Depreciation run

CO Setup
1. Maintain Controlling Area OKKP

2. Assign company code to controlling area OX19 / OKKP

3. Maintain Number Ranges for Controlling Areas KANK
4. Maintain versions in SAP Controlling OKEQ

5. Activate Components OKKP

6. Create Primary Cost Elements in SAP CO KA01
7. Create Secondary Cost Elements KA06
8. Create cost element group KAH1
9. Create Cost Center KS01

10. Create Cost Center Group KSH1

11. Cost Center hierarchy
12. Define Cost center categories OKA2
13. Maintain settlement profile

Profit Center

14. Creation of Profit Center KE51

 15. Creation of Profit Center Group KCH1

PS Setup
20. Define special characters for project OPSK
21. Define project coding mask OPSJ
22. Create status profile OK02
23. Define Field Selection for Work Breakdown Structures & Project OPUJ / OPUK
24. Define Time Profiles OPTY
25. Activate project management in controlling area OKKP
26. Define validation and substitution rules for Project GGB0 and GGB1
27. Maintain budget profile OPS9
28. Number range for budgeting OK11
29. Define project profile OPSA
30. Create project type for WBS (SPRO-PS-STRUCTURE-OP STRUC.-WBS-)
31. Specify Applicants for WBS elements OPS7
32. Specify Persons Responsible for WBS Elements OPS6
33. Define Layout of WBS Element Detail Screens (SPRO-PS-STRUCTURE-OP STRUC.-WBS-USER
INTF.)
34. Define tolerance limit (SPRO-PS-COST-BUDGET-)
35. Create allocation structure OKO6
36. Create Settlement Profile OKO7
37. Assign settlement profile to project profile OPSA
38. Define Number Range for Settlement Documents KO8N
FI-MM Integration Setup