Business areas in SAP represent separate operational divisions within a company that can create their own financial statements. They are defined using a 4-character alphanumeric code and can be used across multiple company codes. Business areas allow transactions to be tracked and evaluated separately for each division. To define a new business area in SAP, users access transaction code OX03 and enter the code and name, then save the new business area record.
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Define Business Area PDF
Business areas in SAP represent separate operational divisions within a company that can create their own financial statements. They are defined using a 4-character alphanumeric code and can be used across multiple company codes. Business areas allow transactions to be tracked and evaluated separately for each division. To define a new business area in SAP, users access transaction code OX03 and enter the code and name, then save the new business area record.
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Define Business Area in SAP
TechVantage IT Solution & Private Ltd.
By-Chetan Tandel Business Area (for internal purposes) Business areas represent separate areas of operation within an organization and can be used across company codes. They are balancing entities that can create their own set of financial statements for internal purposes. It is therefore possible to save and evaluate transaction figures for each business area. It is denoted by a 4 character alphanumeric code. The use of business areas is optional. Define Business Area T Code: OX03 Path: SPRO > SAP Reference IMG (F5) > Enterprise Structure > Definition > Financial Accounting > Define Business Area > New Entries Steps 1 Enter 4 digit code in business area field and name of business area in the description field and save