1.

What do you understand by Business Areas? Explain with the example of use?

Answer»

Business Arears are used to differentiate transactions that comes from different line of business in a company.

Example

There is a big company XYZ, which runs multiple business. Let us say it has 3 different domains like manufacturing, marketing and sales.

Now you have 2 options −

  • First is to create different company codes
  • And other better option is to create each of these business lines into business areas.


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