You can create an organization to group or define business units.
Based on the version of the application you have licensed, open the Organizations screen as follows:
From the Setup work center, choose Organizations.
From the Master Data work center, Organizations.
The Organizations screen appears.
Choose Add, and then choose New.
Choose Create New Organization and then choose OK.
The Create Organization window appears.
Enter information in the required fields.
Name
Valid From
Valid To
Currency
Choose Save.
The organization that you created is added to the list on the Organizations screen.