Basic Settings and Organizational Units

Organizational Units



Organizational units are used to structure business functions and for reporting. The organizational units of financial accounting are used for external reporting purposes, that is, they fulfil requirements that your business is subject to from external parties, for example, legal regulations. 

Basic settings in financial accounting are Customizing settings that you have to make in order to be able to carry out processes in financial accounting.

 Below are the organizational units in SAP FI.
Organizational unit
Definition
Client
Obligatory
Company
Optional
Company code
Obligatory
Business area
Optional
Basic setting
Chart of accounts
Obligatory
Fiscal year
Obligatory
Currencies
Obligatory

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