What is legal entity in SAP BC-SEC - Security?

SAP Term: legal entity

• Component: BC-SEC

• Component Name: Security

• Description: A corporation, an association, or any other organization of legal capacity, which has statutory rights and responsibilities. In the context of data protection, the responsible IT department can be such a legal entity, being subject to the general prevailing data privacy regulations.

Smart SAP Assistant

• Key Concepts: 
  A legal entity is a unit of an organization that is legally recognized as having its own separate existence. In SAP, a legal entity is a company code that is assigned to a specific business area and is used to identify the company in financial transactions. 
  
  How to use it: 
  In SAP, legal entities are used to define the scope of business activities and to assign company codes to specific business areas. This allows for the tracking of financial transactions and the reporting of financial information for each legal entity. 
  
  Tips & Tricks: 
  When creating a new legal entity in SAP, it is important to ensure that all relevant information is entered correctly. This includes the company code, business area, and any other relevant information. 
  
  Related Information: 
  The BC-SEC Security component in SAP provides security features for legal entities, such as user access control and authorization management. It also provides tools for managing user roles and profiles, as well as for monitoring user activity.