There are 2 places to define Company Code, which is correct.

There are 2 places to define company code i.e.:
IMG -> Enterprise Structure -> Definition -> Financial Acc -> Define Company, and
IMG -> Enterprise Structure -> Definition -> Financial Acc -> Edit, Copy, Delete, Check Company code.
I know the one path updates table T001 and the other T880 but I don't understand the differences... probably as I am abapper.
Edited by: Gemini Twin on Jun 15, 2011 10:43 AM

Hi Gemini,
Company and Company Code are different.
The first path is to define Company:
IMG -> Enterprise Structure -> Definition -> Financial Acc -> Define Company
Second path is to define Company Code:
IMG -> Enterprise Structure -> Definition -> Financial Acc -> Edit, Copy, Delete, Check Company code.
(the practice when creating any new config in SPRO is to used Copy function instead of Create)
We can make do without Company. In my customer's system, we do not set up Company.
Company Code is a must and is the first step that you need to define before defining anything else (Pers Area, PSA, etc).
Chart of Account also linked to Company Code, not Company. The two are different, please do not confused them into one.

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