FI enterprise structure

Question

Please any body can clarify a clear FI structure ????
My answer
*Client
Operating Concern
Credit Control Management
Company
Company code
Business Area*

Answer 1

Hi,
Client
When you log on to an SAP System, you log on to a particular client of this system. Any activities you carry out in the system are always carried out in one client. When you plan your SAP system landscape, you must consider which clients you need for which activities.
By assigning activities to be performed in a client, you give each client a particular role. This section describes the most important client roles.
Since you need to adapt the SAP software for your own business needs, each SAP system landscape requires a client where Customizing settings, and possibly ABAP Workbench developments, can be made. This client is known as the Customizing and development client, or Customizing client for short. The abbreviation CUST is used for this client.
Company
A company is an organizational unit in Accounting which represents a business organization according to the requirements of commercial law in a particular country.
You store basic data for each company in company definition. You only specify particular functions when you customize in Financial Accounting. Company G0000 is preset in all foreign key tables.
In the SAP system, consolidation functions in financial accounting are based on companies. A company can comprise one or more company codes.
When you create a company you should bear in mind the following points relating to group accounting:
If your organization uses several clients, the companies which only appear as group-internal business partners, and are not operational in each system, must be maintained in each client. This is a precondition for the account assignment of a group-internal trading partner.
Companies must be cataloged in a list of company IDs which is consistent across the group. The parent company usually provides this list of company IDs.
It is also acceptable to designate legally dependent branches 'companies' and join them together as a legal unit by consolidation.
Recommendation
SAP recommends that you keep the preset company ID G00000 if you only require one company. In this way you reduce the number of tables which you need to adjust.
Credit Control Area
In this step, you define your credit control areas. The credit control area is an organizational unit that specifies and checks a credit limit for customers.
Note
A credit control area can include one or more company codes. It is not possible to assign a company code to more than one control control area. Within a credit control area, the credit limits must be specified in the same currency.
Company Code
The company code is an organizational unit used in accounting. It is used to structure the business organization from a financial accounting perspective.
We recommend that you copy a company code from an existing company code. This has the advantage that you also copy the existing company code-specific parameters. If necessary, you can then change certain data in the relevant application. This is much less time-consuming than creating a new company code. See "Recommendations" for more details about copying a company code.
If you do not wish to copy an existing company code, you can create a new company code and make all the settings yourself. You define your company codes by specifying the following information:
Company code key
You can select a four-character alpha-numeric key as the company code key. This key identifies the company code and must be entered when posting business transactions or creating company code-specific master data, for example.
Company code name
Address data
The address data is necessary for correspondence and is printed on reports, such as the advance return for tax on sales/purchases.
Country currency
Your accounts must be managed in the national currency. This currency is also known as the local currency or the company code currency. Amounts that are posted in foreign currency are translated into local currency.
Country key
The country key specifies which country is to be seen as the home country; all other countries are interpreted as "abroad". This is significant for business and payment transactions because different forms are used for foreign payment transactions. This setting also enables you to use different address formatting for foreign correspondence.
Language key
The system uses the language key to determine text automatically in the language of the relevant country. This is necessary when creating checks, for example.
You do not specify the functional characteristic of the company code until configuring the relevant application.
You can set up several company codes per client to manage the accounts of independent organizations simultaneously. At least one company code must be set up in each client.
To take full advantage of SAP system integration, you must link company codes to the organizational units of other applications. If, for example, you specify a CO account assignment (for example, cost center or internal order) when entering a document in FI, then the system must determine a controlling area to transfer this data to CO. You must specify how the system is to determine the appropriate controlling area.
Operating Concern
The operating concern is an organizational unit in accounting which structures a enterprise from the Profitability Analysis point of view.
When you create an operating concern, you only define the organizational unit itself (that is, the name and description). The master data and the functional characteristics for the operating concern are not defined until you configure the system for the "Profitability Analysis" component. You do this by choosing Controlling -> Profitability Analysis. If you create an operating concern under Structures -> Define Operating Concern, the respective name and description is entered in automatically.
Business Area
A business area is an organizational unit within accounting that represents a separate area of operations or responsibilities in a business organization.
When defining a business area, you enter a four-character alphanumeric key and the name of the business area.
In a client, you can set up several business areas to which the system can assign the postings made in all company codes defined in this client. To ensure consistency in document entry, you should give business areas the same name in all company codes.
You make all other specifications for your business areas in the Financial Accounting Implementation Guide.
Hope this helps,Please assign points.
Thanks,
Rau