A client is the highest organizational unit containing data applicable to all company codes and organizational units in the system.
Up to about 1000 clients (000–999). Usually DEV has multiple clients; QA and Production often have one each.
A company code is a legal entity where financial accounts are maintained for reporting.
It is simply a list of general ledger (GL) accounts used in accounting.
Operational, Group, and Country-specific COA.
A fiscal year is the financial accounting period followed by a business (e.g., Apr–Mar, Jan–Dec).
Usually 12 normal periods plus 4 special periods.
An additional posting period mainly used for audit adjustments.
Company code currency is called local currency.
They determine debit/credit entries and control document posting details.
Used for accounts requiring clearing later (e.g., loans, expenses).
Typically up to 10 digits.
Allows tracking individual transaction postings in a GL account.
Vendor account group, number range, and tolerance configuration.
General data, company code data, and purchasing organization data.
A GL account linking vendor subledger postings to the general ledger.
No — they update automatically via subledger transactions.
Purchase-to-Pay process includes PR, PO, goods receipt, invoice receipt, and payment.
Order-to-Cash process integrates Sales & Finance: order, delivery, billing, payment.
A program for automatic vendor/customer payments based on due invoices.
Yes — for refunds or credit memo clearing situations.
Used to calculate invoice due dates for payments.
Highest unit in asset accounting controlling depreciation areas.
Defines how asset depreciation is calculated and reported.
The date from which depreciation starts.
Main organizational unit used for internal cost reporting.
Expense GL accounts that transfer cost data from FI to CO.
Represents departments used to track internal costs.
Used to capture costs for specific activities or projects.
A basis for cost allocation, like employee count or area.
Automated approval or notification process integrated into transactions.
