code

[Former Member]

Hi,

Can anybody explain about what is meant by Company Code of vendor.

[Former Member · Accepted solution]

Should be the company code in which the vendor is setup. when u go to XK01 - u will mention the company code in which u are setting him up.

Rgds

Sai

[Former Member]

Hi,

Whenever you create a vendor or a customer, you will ideally create it under a company code.

Company code is the smallest organizational unit for which complete, self-contained set of accounts can be drawn up for external reporting purposes

So based on the above definition, you will need to mention the company code for the vendor.

You can go to table LFB1 and find vendors created against respective company codes.

Hope this is helpful. If it is please dont forget to reward points for contribution.

Regards

Ravi

[Lakshmipathi]

Dear Sandeep

Assume you are running a manufacturing unit and implemented SAP. You are subcontracting a component for some process to your vendor who also implemented SAP. So in this case, there will be two company codes. One is yours and another one is of vendor.

thanks

G. Lakshmipathi