What is company code group in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: company code group

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: Group of company codes that can be used to post to a contract account.

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• Key Concepts: 
  A company code group is a grouping of company codes in SAP FI-CA Contract Accounts Receivable and Payable. It is used to assign common characteristics to multiple company codes, such as the same currency, fiscal year variant, and chart of accounts. This allows for easier management of multiple company codes.
  
  How to use it: 
  To create a company code group, go to the SAP Easy Access menu and select Financial Accounting > Contract Accounts Receivable and Payable > Master Data > Company Code > Company Code Group. Enter the name of the group and click “Create”. Then, assign the desired company codes to the group by selecting them from the list.
  
  Tips & Tricks: 
  When creating a company code group, it is important to ensure that all of the assigned company codes have the same characteristics. This will ensure that all of the company codes are managed in a consistent manner.
  
  Related Information: 
  For more information on creating and managing company code groups in SAP FI-CA Contract Accounts Receivable and Payable, please refer to the SAP Help documentation.