This step is necessary only in cases where your currency is not with two decimal places. Every currency with 2 decimal places is not necessary to be maintained here. Transaction: OY04 IMG Path: SAP NetWeaver -> General Settings -> Currencies -> Set Decimal Places for Currencies Table: TCURX   After opening of the transaction you will get consequence of warning messages. First screen warning message. Second warning message. Third warning message that you should read carefully before proceeding.   Currencies with other than 2 decimal places. Here is the screen for New Entries maintaining Decimal Places for currencies with …

Same as the countries, currencies are usually predefined with the default SAP installation. You will have to create a new currency in very extraordinary cases. However, if you have such task, then you should follow official SAP Documentation. Next screens will give you very rough idea of the first step. Transaction: OY03 IMG Path: SAP NetWeaver -> General Settings -> Currencies -> Check Currency Codes Table: TCURC       1. Transaction OY03   Click on New Entries. Fill the necessary data.    

In the country Specific Checks you will find a validation rules for the country related fields like PO Code, Bank Account, Tax Number, VAT Number and other checks related to it.   Transaction: OY17 IMG Path: SAP NetWeaver -> General Settings -> Set Countries -> Set Country-Specific Checks Table: T005     Choose country for which you want to maintain the Country-Specific Checks.   Maintain the fields according to your needs:

In SAP you will hardly need this transaction, because almost all of the countries are defined within the standard installation. On rare cases, in relation with political or military shakes you could have a new country. Following transactions will help you define new country.   Transaction: OY01  IMG Path:  SAP NetWeaver -> General Settings  -> Set Countries  -> Define Countries mySAP Systems Transaction: OY07 IMG Path:  SAP NetWeaver -> General Settings  -> Set Countries  -> Define Countries mySAP Systems (CRM, SRM, SCM,…) Table: T005     Both transactions are managing different settings. Be careful when you are maintaining these settings, …

You could assign several company codes to one company as in the case which was briefly described in post for defining a company. This will help later in the consolidation where company code are under company. Transaction: OX16 IMG Path: Enterprise Structure –> Assignment –> Financial Accounting –> Assign Company Code to Company Table: T001 After entering in the transaction, find the company code and enter already defined Company in the field next to it..     Save the entry and assign the configuration to related customizing request. btw. You could also assign Company to Company Code from global …