SAP FI: Cross Comapny Code Transaction

1. Involves two or more company codes in one business transaction.
2. Transaction posts to accounts in several company codes
3. In order to balance debits and credits within these documents, the system generates automatic line items which are posted to clearing accounts, for payables or receivables.
4. These documents linked by cross-company code transaction number
5. In this case tax is not distributed between the company codes according to their expenses.
6. Therefore this function may only be used if the transaction itself is not tax-relevant or if the company codes form a taxable entity.
7. Tax calculated is always posted to the company code of the first item – so invoice item always must be entered first
8. Certain countries’ tax regulations require that the tax amount are posted in the company codes in which the expenses occurred - therefore the tax must be distributed from the first company code to the other company codes according to their expense amount – RFBUST10
9. Clearing accounts:
> Must define in every company code before a CCC transaction carried out
> Clearing accounts may be GL accounts, customer, or vendor accounts
> Must assign to every possible combination of two company codes
> Posting keys must be assigned to the clearing account to identify their account types.
> CCC Document number is a combination of the document number of the first company code, first company code number, and the fiscal year.
> Stored in the document header of all of the documents created for a complete audit trail
> CCC document may be reversed
10. Cross Company codes of a cross-company code transaction may have different local currenciesExamples: Central Purchase / Central Payment.