SAP Transaction OX02: A Step-by-Step Guide for SAP Users

Welcome to our tutorial on SAP transaction OX02, an important transaction code used in SAP to configure company codes. In this tutorial, we will provide you with a detailed guide on how to effectively use OX02 to configure your company codes in the SAP system. Whether you are a young SAP consultant or an unexperienced SAP user, this tutorial will equip you with the necessary knowledge to navigate through OX02 with ease.

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Now, let’s dive into our tutorial on using SAP transaction OX02.

What is SAP Transaction OX02?

SAP Transaction OX02 is used to configure and maintain company codes in the SAP system. A company code represents an independent legal entity within an organization and is used for financial accounting purposes. OX02 allows you to define various parameters for your company codes, such as currency, chart of accounts, and fiscal year variant.

Step 1: Accessing SAP Transaction OX02

To begin using OX02, follow these steps:

1. Login to your SAP system using your user ID and password.
2. Launch the SAP Easy Access Menu.
3. Navigate to the “Accounting” folder and expand it.
4. Locate and click on the “Financial Accounting” folder.
5. From the sub-menu, select “General Ledger Accounting”.
6. Next, choose “G/L Accounts” and click on “Company Code”.
7. Finally, click on “Change” to access the OX02 transaction.

Step 2: Configuring Company Codes with OX02

Once you have accessed OX02, you will be presented with the company code configuration screen. This screen consists of various tabs and fields that allow you to define and modify company code parameters. Let’s explore each of them:

• Basic data: In this tab, you can define the basic information for your company code, such as the company code key, company name, and address.
• Control data: Here, you can specify control parameters for your company code, such as the fiscal year variant, posting period variant, and document types.
• Currency: This tab allows you to define the currency settings for your company code, including the local currency, group currency, and exchange rate type.
• Chart of accounts: In this tab, you can assign a chart of accounts to your company code. The chart of accounts contains the list of general ledger accounts used for recording financial transactions.
• Bank: Here, you can maintain bank-related information for your company code, such as the bank key, bank account details, and payment methods.
• Additional data: This tab provides additional fields to define any specific data required for your company code, such as the industry sector, tax category, and language settings.
• Company code texts: In this tab, you can maintain texts and descriptions relevant to your company code.

Step 3: Saving and Activating Company Code Changes

Once you have configured the necessary parameters for your company code, you can save and activate the changes. Follow these steps:

1. Review all the tabs and fields to ensure that the configuration is accurate.
2. Click on the “Save” button to save the changes made to the company code.
3. To activate the changes, click on the “Activate” button.
4. Confirm the activation by clicking on “Yes” when prompted.

Congratulations! You have successfully configured your company code using SAP transaction OX02.

Step 4: Exploring Additional Functionality

SAP transaction OX02 offers additional functionalities to enhance your company code configuration. Here are some notable features you can leverage:

• Copy Company Code: OX02 allows you to copy the configuration settings from an existing company code to a new company code. This saves time and effort when setting up multiple company codes with similar parameters.
• Change Company Code: You can use OX02 to modify the configuration settings for an existing company code. Simply enter the company code key and make the necessary changes to the desired fields.
• Delete Company Code: In case a company code is no longer required, OX02 enables you to delete it from the SAP system. However, exercise caution when using this functionality, as it permanently removes all data associated with the company code.

Conclusion

In this tutorial, we have provided you with a comprehensive guide on using SAP transaction OX02 to configure company codes in the SAP system. We explained the purpose of OX02, outlined the steps to access and use the transaction, and explored additional functionalities. Remember, continuous learning and practice are key to becoming proficient in SAP.

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