Business area concept in SAP FI

Dear experts
Currently we have created 2 company codes and all the plants under these two companies are assigned to one business area.
The new requirement is that we need to create new company code to identify the transactions, get the BS & PL accounts separtely. Since the company code is different, the reports can extract based on new company code.
But to create new company code, the process involved is high and we have idea of creating new PLANT code and Assign to new BUSINESS AREA,
Can anybody guide me on this, where my purpose can achieve by creating new BUSINESS AREA and new PLANT so that the required reports etc can be generated based on BUSINESS AREA. (BS, PL Etc, basically all the FI reports)
Thanks & regards
Venugopal

If FSCD items contain multiple business areas, then there is a possibility that the business area in FI might get populated with a blank space.
If this issue is occurring with all the posting to FI where the BSEG table ( where as in case of new GL, RBUSA in table FAGLFLEXT for total and FAGLFLEXA for item) is not getting populated with business area then there might be some reconciliation issues depending upon the GL (new or old) used. If you are using new GL, you might have to check if document splitting functionality is activated in new GL (mySAPERP which is ECC 6.00 and pack SAPKH6001 and above) and will have to maintain the Business Area as a splitting rule. Additionally refer to note 990612 & check FM FI_DOCUMENT_POST.

Similar Messages

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    Hi,
    what are the problems and difficulties if we use Business area concept other than Profit Center.
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    Sap Guru
    kischowdary*gmail.com

    Hi:
    Business area will not be supported by SAP in the future
    The problem of splitting of account balance is more pertinent in case of tax accounts.
    In month end procedures, there are big problem in reconciliation.
    Not Efficient  in Reporting.
    SAP Recommends Profit Center Accounting instead of Business area
    Please let me know if you need more information.
    Assign points if useful.
    Regards
    MSReddy

  • Implementing Business area in Live SAP environment

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    Also please share the other factors to be considered to implement the BA in live environment.
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    hi,
    look oss-notes 549182 and 73472
    A.
    Message was edited by: Andreas Mann

  • What is Functional area concept in SAP, What way it is useful.

    Any body explain the concept of Functional area, in which way it is useful .  give 2/3 examples how to use.

    Hi,
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  • Difference between Business area and profit center accounting

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    Hi
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  • Business Area should be defined

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    Meenu,
    I can't speak for what SAP will support/improve in the future.  You can raise a message with SAP if you have doubts. ECC6 has improved functionality that reduces the need for Business area reporting, but I have never heard that SAP does not intend to support. 
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    At the end of the day, if the client wants it, and it solves his business requirements, and it is currently available, then why shouldn't you accommodate him?
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  • Consolidated business area

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    Hi:
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  • Segment vs Business Area

    For Statute reason, I want to implement Segment aspect but would like to know, if Segment is any different to Business Area from Reporting and Conceptual perspective.
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    Warm Regards
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    Hi,
    Both Segment and Business area are ment for MIS or for internal reporting purposes only and for drawing financials at different levels of the company.But the financials drawn are not  accurate , hence  we cann't use them for legal reporting purposes.
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  • Business Area is obsolete

    Hi
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    But my client is insisting for creating location as a business area and not profit center.
    But i think business area concept is obsolete in SAP ECC6.0. I believe that the SAP has stop providing support for business area.
    I want to show the OSS note or some link on the basis of which i can tell that it is better to use profit center than business area.
    Please help where i can get this link or OSS note

    Hi,
    there is some oss note on that.- not developing business area further. Check this link for further info on the topic and related oss notes: http://sap.ittoolbox.com/groups/technical-functional/sap-acct/business-area-or-profit-center-2218678
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  • Automatic Business Area Derivation Rule for Vendor Line Item in MIRO

    Hello Experts,
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    Regards,
    Chalapathi

    Hi,
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  • Finansial statements at Business area Level

    Hello Gurus,
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    murali

    hi
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    http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FIBUSI/FIBUSI.pdf
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  • Business area and profit centre

    Friends,
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    There should be a logical distinction between them, please explain that.
    Thanks,
    A

    Hi,
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    No such allocation functionality is possible within Business area.
    2. Hierarchical structure for profit center can be created.
    Hierarchical structure for business area is not possible.
    3. Business area does not need to be attached to any organization structure.
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    8. The main difference between profit centers and business areas is that profit centers are used for internal management whereas business areas are geared more towards external purposes.
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  • Business Area balances upload

    Hi
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    Hi,
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    Thanking you,
    With kindest regards
    Ramesh Padmanabhan

  • Business Area balances at end of year

    Hi
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  • Business Area (URGENT)

    Guru's
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    Hi,
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