We can assign more than one company code to the company but all company codes within a company must have the same chart of accounts and the same financial year, though they all can have different local currencies.
Path: IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign Company code to company
TC:- OX16
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I do agree with all the ideas you have presented in your post. They are really convincing and will certainly work. Still, the posts are very short for newbies. Could you please extend them a bit from next time? Thanks for the post.