Business Area Closure

[Former Member]

*Dear All*

*In our organization, their are four Business Areas. and We are not going to enter any transactions in one of our Business areas from next month.*

*Is it effect our1) Business*

*2) Costing Modules etc?*

*If yes, then please suggest us the steps.*

*With Best Regards,*

*Bharat B*

[Former Member]

Hi,

Business Areas are used for the purpose of Internal reporting Based on the Rule You have chosen during Configuration.

You must have observed, when your Business Rule is active and necessary Master data is maintained. Then at Standard reports like FS10n & FD10n you will get extra tab for Business Area which bifurcate further the amounts based on the business area.

As it's for internal purpose It has no legal affect on your accounting e.g. Balance Sheet.

If your Business Area rule has been changed or your client is no further want to refer Business Area then You can do the necessary changes through Configuration.

Thank You,

RB.

[reazuddin_md]

Check, which rule is setup to determine this business area in config, if not required remove that entry & maintain entry in the relevant combination. ( Tx: OVF2)

Check with FI con, how they are determining Business area in G/L accounts-

Regards,

Reazuddin MD