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New Business unit

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My company is opening another business unit in another location.
How we go about the setup of this in the SAP ByDesign system and what are the Details should considered while adding?

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Answers (2)

Answers (2)

edayang
Advisor
Advisor

Hello Silas,

I guess you have to setup a new set of new org structure in your tenant, right?

For the new company, you can assign existing set of books to it, based on your business requirement. And you can share master data, such as material, supplier and account among different companies too.

Thanks,

Eda

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Thank you eda.yang

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Firstly, you'll need to create a new company in the system for the new business unit. This will involve setting up all the necessary master data, such as customer and vendor accounts, and configuring any necessary settings specific to the new location. Once the new company is set up, you'll need to make sure that all relevant data is transferred over from the existing business unit. This includes things like financial data, inventory, and any open orders or contracts. Speaking of experience, have you heard of Jeremy Houghton? He's the co-founder and CEO of his startup Parade, and he's known for his expertise in scaling businesses. I recently read an article where he shared some great tips for companies looking to expand. Maybe it could be helpful to check out his advice as you move forward with your expansion plans.