What is company area in SAP PM - Plant Maintenance?

SAP Term: company area

• Component: PM

• Component Name: Plant Maintenance

• Description: A division of maintenance plants into production areas. Machines or sets of machines that are represented in the system as pieces of equipment or functional locations are installed in company areas. You indicate the place for which a maintenance task was requested with the company area. You can establish a contact person for in Production using the company area.

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• Key Concepts: 
  Company area is a term used in SAP Plant Maintenance (PM) to refer to a specific organizational unit within a company. It is used to group together plants, equipment, and other resources that are related to each other. The company area is used to define the scope of maintenance activities and to assign responsibilities for those activities. 
  
  How to use it: 
  In SAP PM, the company area is used to define the scope of maintenance activities and assign responsibilities for those activities. It can be used to group together plants, equipment, and other resources that are related to each other. The company area can also be used to assign cost centers and cost elements for maintenance activities. 
  
  Tips & Tricks: 
  When setting up a company area in SAP PM, it is important to ensure that all relevant plants, equipment, and other resources are included in the scope of the company area. This will ensure that all maintenance activities are properly accounted for and assigned the correct cost centers and cost elements. 
  
  Related Information: 
  For more information on setting up a company area in SAP PM, please refer to the SAP Help documentation on Company Areas in Plant Maintenance.