SAP Financial Accounting (SAP FI) Practice Exam

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At what organizational level are number ranges for transactions configured in SAP FI?

Company Code
Plant
Controlling Area
Client

The correct answer is: Company Code

In SAP Financial Accounting (SAP FI), number ranges for transactions are configured at the company code level. This is essential because the company code represents a legal entity and contains its own independent financial data. By setting up number ranges at this level, organizations can ensure that document numbers for various financial transactions—such as invoices, payments, and journal entries—are unique within a specific company code, thereby maintaining clarity and organization in financial reporting and auditing processes. Maintaining distinct number ranges at the company code level allows each legal entity within a corporate group to operate independently in terms of financial accounting while adhering to compliance requirements specific to each entity. This structure is particularly important when multiple company codes exist within a single client in SAP, as it helps prevent any potential confusion or conflicts that could arise from overlapping number ranges across different entities.