What is company code relationship type in SAP FI-AA - Asset Accounting?

SAP Term: company code relationship type

• Component: FI-AA

• Component Name: Asset Accounting

• Description: A characteristic that specifies the type of legal relationship between two company codes. One of the following applies: The company codes are separate legal entities. The company codes are both part of the same legal entity. In the asset transfer variant, you can specify different transfer methods for asset transfers between company codes, depending on the type of company code relationship.

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• Key Concepts: 
  Company code relationship type is a feature in SAP FI-AA Asset Accounting that allows users to define the relationship between company codes and asset classes. This feature is used to assign different company codes to different asset classes, allowing for more accurate tracking of assets. 
  
  How to use it: 
  To use the company code relationship type, users must first define the relationship between company codes and asset classes in the system. This can be done by navigating to the “Define Company Code Relationship Type” menu in SAP FI-AA Asset Accounting. Once the relationship has been defined, users can assign different company codes to different asset classes. 
  
  Tips & Tricks: 
  When defining the company code relationship type, it is important to ensure that all of the necessary information is entered correctly. This will ensure that the correct company codes are assigned to the correct asset classes. Additionally, it is important to keep track of any changes made to the company code relationship type, as this can affect how assets are tracked in the system. 
  
  Related Information: 
  For more information on how to use the company code relationship type in SAP FI-AA Asset Accounting, please refer to SAP Help documentation or contact your local SAP support team.