Creation of 2 new company codes in continuation with existing compny code.

Hi
Our company has got 2 locations but we are using only one company code for both the locations from the last 4 years.
Now due to expansion of business we have extended our business to one more location. So.now are planning to use 3 company codes.
Now I want to know the following things:-
1. What are the things that are to be done before creating these two additional company codes?
2. What will be the impact of  these new company codes on the existing company codes?
3. How the present reports can be used for the new company codes?
4. How the GL balances will be uploaded for the new compny codes?
5. How the master data will be created for the new company codes?
6. What will be the impact of the new company codes on other modules like MM, SD and HR which are already in use?
Please guide me on the above issue co months of experience.
considering the fact that I am a fresher in SAP FI and I have
only 8 months of experience.
Regards
Vikram sairam

Hi Vikcy,
Company Code is legal Entity and core component in FI.
Now u r planning create new company codes, just check below:
01. Chart of Accounts:
     - You may use existing chart of account for new com. code
02. Controlling Area:
      -  Check the feasibility of cross company code controlling or not. If you maintain one:one relation in existing controlling area, u need to create new one.
03. SD:  Core component is Sale Organization.  U need to assign them to ur Company Codes. So check accordingly.
03. MM/ PP:  Plants and Purchasing Organization need to assign to Company Codes.
Hope it will give you idea on a whole to plan, how u need plan to go ahead.
Regards,
Venkat

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