Create Controlling Area
From the IMG screen: Enterprise Structure Ã¨ Definition Ã¨ Controlling Ã¨ Maintain Controlling area
From this screen, double click on Maintain controlling area. Click on the New Entries button then click on the COArea = CCode. You will be prompted to enter your company code. At this point you should be at the following screen:
Click on the Person responsible field and select your user name from the drop down menu. Next, select the CoCd->CO area field and select Controlling Area same as Company Code. Then verify that your settings look like the above screen with the following: Currency type = 10, Currency = USD, Chart of accounts = the chart of accounts associated with your company code and Fiscal year variant = K1.
Then click save.
Assign Company Code to Controlling Area
From the IMG screen: Enterprise Structure Ã¨ Assignment Ã¨ Controlling Ã¨ Assign Company code to controlling area
From this screen click on the line with your company code _ _ _ _. Double click on Assignment of company code and click on the New Entries button. Enter your company code.