1. SAP Glossary
  2. Global Field Legal
  3. corporate group


What is corporate group in SAP SAP-LEGAL - Global Field Legal?


SAP Term: corporate group

  • Component: SAP-LEGAL

  • Component Name: Global Field Legal

  • Description: Collection of parent and subsidiary corporations that function as a single economic entity through a common source of control.


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  • Key Concepts: 
    A corporate group is a legal entity that is composed of two or more companies that are related to each other through common ownership or control. In SAP-LEGAL Global Field Legal, a corporate group is a legal entity that is used to manage the legal relationships between the companies in the group. 
    
    How to use it: 
    In SAP-LEGAL Global Field Legal, a corporate group can be used to manage the legal relationships between the companies in the group. This includes managing contracts, agreements, and other legal documents. The corporate group can also be used to manage the financial and accounting relationships between the companies in the group. 
    
    Tips & Tricks: 
    When setting up a corporate group in SAP-LEGAL Global Field Legal, it is important to ensure that all of the companies in the group are properly linked together. This will ensure that all of the legal and financial relationships between the companies are properly managed. 
    
    Related Information: 
    For more information on setting up a corporate group in SAP-LEGAL Global Field Legal, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to set up a corporate group in SAP-LEGAL Global Field Legal.
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