What is organizational area in SAP FS-AM-CM-AC - Account?

SAP Term: organizational area

• Component: FS-AM-CM-AC

• Component Name: Account

• Description: A role or department to which organizational units are assigned.

Smart SAP Assistant

• Key Concepts: 
  Organizational area is a component of the SAP Financial Accounting (FI) module. It is used to define the organizational structure of a company and to assign accounts to different areas. It is also used to assign cost centers and profit centers to different areas. 
  
  How to use it: 
  Organizational area is used in the FS-AM-CM-AC Account Assignment component of SAP Financial Accounting. It is used to define the organizational structure of a company and assign accounts, cost centers, and profit centers to different areas. This allows for more accurate reporting and analysis of financial data. 
  
  Tips & Tricks: 
  When setting up organizational area, it is important to ensure that all accounts, cost centers, and profit centers are assigned correctly. This will ensure that all financial data is accurately reported and analyzed. Additionally, it is important to keep the organizational structure up-to-date as changes occur in the company. 
  
  Related Information: 
  Organizational area is closely related to other components of SAP Financial Accounting such as General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Cost Accounting (CO). Additionally, it is related to other modules such as Human Resources (HR) and Materials Management (MM).