what is the mean of group of accounts and examples
Answers were Sorted based on User's Feedback
Answer / bharath
Group account means a similar kind of accounts. In chart
of accounts contain number of Group accounts.
Eg:-
Group description number range
FAST – fixed assets -- 100000-199999
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / e.sunil kumar reddy
account group means at the time of creating the groups in
SAP we will give the range of account codes to group.In
chart of a/c groups number of a/c groups.SAP has given
account group.structure of a/c groups in SAP will be as under.
chart of a/cs
|
account group
|
accounts
chart of a/cs a/c group description from no. to no.
| | | | |
xxxx cala current assets, 200001 200100
lons,advance
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / gokhalemahesh20
we have grouped G.L. according to there similarity for
reporting purpose. And in SAP we create group accounts in
same logic but there is more function for group accounts it
also control field status of master record & also define
number ranges for that similar kind of G.L.
Examples of group of accounts
Administrative expenses, payment to employees, fixed assets,
etc
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sapuser
Account group is grouping of accounts according to similar business functions..like customer acc group, vendor acc group, material acc group etc...It controls wt all the fields r required, optional and suppressed fields when a gl master is created. Also it determines the interval from which the document number should be.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / g
Group account means a similar kind of accounts. In chart
of accounts contain number of Group accounts.
Eg:-
Group description number range
FAST – fixed assets -- 100000-199999
Is This
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / anjaneyulu
ACCOUNT GROUP MEANS NAME OF GROUP ACCOUNTS UNDER WHICH U CAN
CREATE N NUMBER OF ACCOUNTS EX
EX. FIXED ASSETS UNDER THE GROUP NAME U CAN CREATE DIFFERENT
TYPES OF FIXED ASSETS LIKE BUILDINGS, PLANT AND MACHINERY...
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vivek
It contains a list of all GL account, called a group of
account. It accepts the account number ranges.This group of
account is useful to create a GL Account with the
transaction code FS00.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / chinnareddy
group account means the account which is maintaind at group
chart of accouts level. and it is assigned to gl account in
fs00.for operating chart of accounts.which means operating
chart of accounts gl will include in group account number.
Is This Answer Correct ? | 0 Yes | 2 No |
Explain about sap fico?
Hi, i heard that indian banks will not support electronic bank statement. If it is right, in lock box procedure every bank should send the statement in an electronic file right? How will they manage it?
How do you manage outgoing partial payment for the vendor in fi?
How I maintain different fiscal year variant for leading and non leading ledger. Kindly give me the answer as early as possible,am in hurry. Thanks in advance
Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply
What are automatically set in the asset masters during initial acquisition? : fi- asset accounting
What is the role of FI consultant in FI-SD integration?
What are the procedure for implementing FI Sub Module, like AR, AP, AA etc
How to clear Trial Balance from a Inactive Company Code in SAP? No Operation being performed in it and no more tranasctions happening in this Company code but there is an outstanding trieal balance in this ccod).
How many normal and special peroids can be there in a fiscal year?
explain manual depreciation..? how do you do that...?
what is auto clearing? and what is use of in real time environment?