what is a company and how to define it step by step

  WHAT IS A COMPANY AND HOW TO DEFINE IT

A Company in SAP  refers to the smallest organisational unit for which individual financial statement can be drawn according to the legal and commercial requirements. A company can accept more than one company code and also these companies code use the same operative chart of account and same fiscal year variant, in addition above these companies code can use different currencies also.

Path: SAP Easy Access --> Tools --> Customizing --> IMG (Implementation Guide) --> Execute Projects--> Reference IMG--> Enterprise Structure---Definition--> Financial Accounting-->Define Company (click on clock) --> 
Click on "New entries"(it appears left side on the top )
After that we will give the "Company Details" (see below)
company---------ssrkmv(maximum 6 digit alpha numeric)

Street: Ameerpet

Post box: Not require (leave this blank)

Postal code:500065

City:Hyderabad

Country: IN (India but here you chose only "IN")

Language:EN (English)

Currency:INR (Indian Rupee)

press enter key and click on save.

Note: When we click on save button system will display a request dialogue box. Here we have to give the short description regarding what are the activities we have done in previous. Then system will create short description of our request number.