What is chart of account and how many charts of accounts can
be assigned to a company?

Answer Posted / kiran konujula

chart of accounts is an variant that contains list of gl
accounts.
in chart of accounts contains , all details of gl accounts
in an definition form.
on definition form, for each gl account contains gl account
number,gl account name and type of an account whether p&l
account and balance sheet.
chart of account can be defined in Tcode OB13
chart of account can be assigned to company code in
TCodeOB62.
one com code have only one chart of accounts but one chart
of accounts have different company codes.

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