What does the term “business area” refer to and how can it be used?
Business Area. The system posts costs and revenue according to the business area. The business area can be equivalent to the : sales area (if the accounts are to be posted according to sales) plant/division (if the accounts are to be posted according to products) The business area is defined in Customizing for Sales. o Business area. A unit in an enterprise, grouping product and market combinations as homogeneously as possible for the purpose of developing unified business policy. o Financial Accounting (FI). A business area is an organizational unit within financial accounting which represents a separate area of operations or responsibilities within an organization. Financial accounting transactions can be allocated to a specific business area. Briefly explain the relationship between sales organizations and company codes. Many to One.
