What is company in SAP SRD-MD-OM - FDN-Organization Management?

SAP Term: company

• Component: SRD-MD-OM

• Component Name: FDN-Organization Management

• Description: A financially and legally-independent organizational unit that is not tied to a geographical location, and is registered under business law.

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• Key Concepts: 
  A company in SAP is a legal entity that is used to represent an organization in the system. It is used to define the organizational structure of an enterprise, and it can be used to assign roles and responsibilities to different users. It also serves as the basis for financial reporting and other business processes. 
  
  How to use it: 
  In SAP, companies are created and managed using the SRD-MD-OM FDN-Organization Management component. This component allows users to create and manage companies, assign roles and responsibilities, and set up financial reporting. It also provides tools for managing organizational structures, such as creating hierarchies and assigning users to different levels of the hierarchy. 
  
  Tips & Tricks: 
  When creating a company in SAP, it is important to ensure that all of the necessary information is entered correctly. This includes the company name, address, contact information, and any other relevant information. Additionally, it is important to ensure that all of the roles and responsibilities are assigned correctly so that users have access to the correct data and functions. 
  
  Related Information: 
  For more information on creating and managing companies in SAP, please refer to the SRD-MD-OM FDN-Organization Management documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component effectively.