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Basic configuration in SAP FI to create GL accounts
By Lokesh Mohanasundaram, Wipro Tech
gives the complete configuration required to create GL-account in SAP-FI, Right
from the definition of Company to creation of GL-account in the company code and
chart of accounts with screen shots and explanation of the entire process to
make the Reader have a clear understanding of the configuration. The process of
creating an Enterprise structure begins with the definition of Company. The
various organizational units in a business are defined individually and they are
assigned to each other in a hierarchical way which forms the whole Enterprise
Structure in an ERP system.
said to be an organization or a corporate group which has one or many Company
code under it. The screen shots below will give the detailed step to define
Company in SAP system. Most of the configuration relating to SAP is done in SPRO
(SAP Project Reference Object); follow the navigation shown in the picture to
Define Company in SAP,
definition of the company is shown above; The Company is represented using a
Four Digit numerical character (it can also be alphanumerical) 4623
with the name Lokesh Group of Industries.
said to be the representation of an independent balancing or legal accounting
entity within the Corporate Group which can create its own financial statements;
there can be ‘n’ number of company code within a corporate group.
Second option to create New Company Code and First option to Copy and create new
company with all the data from an existing Company Code.
Creation of Company Code 1000:
Code 1000 is created.
of Company Code 2000:
Creation of Company code is done they are to be assigned to the Company in SAP
to achieve the Enterprise Structure.
tabular column describes that the Company Code 1000 & 2000 are contained in
the Company 4623. The above screen shot explains the creation of the Company
Code in SAP system. To achieve this assignment of Company Code to Company the
following steps are to be done
Assign Company Code to Company:
Screen shot explains the assignment of the CC 1000 & 2000 to Company 4623.
Thus a basic Organizational Structure is achieved in the Enterprise structure.
Now the Financial accounting Global setting is explained below with
configuration steps and screen shots.
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