Business Area-OX03
It is an organisational unit and its functions are to perform financial operations within a company.
A single BA can be used by multiple company codes and a single company code can have multiple BAs.
If an industry or company want to see their profit and loss of different nature of business with different locations separately, then BA is used.
For an example,
This RKS plant having different type of business like,
1. RKS forging
2. RKS Tiles
3. RKS PUC pipe
4. RKS autoparts
We will create BA for each and every type of business. By this we will easily check or monitor not only overall profit and loss and also can monitor individual profit and loss.
It is defined as four-digit alphanumeric code.
spro-sap reference img-sap customizing implementation guide-enterprise structure-definition-financial accounting-define business area-OX03
Select define business area, and the interface will appear as,
Choose new entries,
Create a new BA and give the description, and then click the save button.
Click the continue button, and now the changes have been saved and go back.
The Business Area 1959 – RKS Plant has now been created.
“To learn more about this topic, visit the official website“