SAP Learning Journey

Fulfiling Legal Reporting Using the General Ledger Accounting

Objectives
After completing this lesson, you will be able to:

After completing this lesson, you will be able to:

  • Describe how general ledger accounting fulfils legal reporting

Legal Reporting

Definition and Use of Company Code

Universal Journal as the single source of truth - Company Code

Example of Company Code

Bike Company

Bike Company has 2 legal entities: one company in Germany and one company in U.S. In SAP S/4HANA this is reflected as 2 Company Codes:

  • Company Code 1010: German company
  • Company Code 1710: U.S. company

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