What is chart of account and how many charts of accounts can
be assigned to a company?
Answers were Sorted based on User's Feedback
Answer / rajesh kumar
Chart of accounts is the variant it contains the list of GL accounts used in one or more company codes. All GL accounts in the chart of accounts will have account name, account number and some other control information. This control information decides how the GL account can be created.
We have three chart of accounts available in the system
1.Operate Chart of Accounts
2.Group Chart of Accounts
3.Country Chart of Accounts
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manoj kumar
The chart of accounts in SAP is a group of GL Accounts that controls the name of the General GL Master, the number of GL Master and some control information. In other words, the grouping of G/L accounts forms the framework for recording accounting transactions in a structured way . And one chart of account assigned many company codes but one company code used for one chart of account.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mandalapu.ravichandra
CART OF ACCOUNTS ARE
USED FOR THE ORIG UNIT IN FI .COA IS NOTHING BUT THE LIST OF THE GENERAL LEDGERS A/C.ONE COMPANY CODE CAN HAVE ONLY ONE CHART OF A/C.
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / ramamohan
Chart of account is nothing but list of GL accounts, one company code contain only one COA.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / venkat .rasala
COA is organigational unit in SAP, COA contains list of
General Ledgers.more than one chart of accounts assined to
on company code.if that companies are using same currency
Is This Answer Correct ? | 5 Yes | 9 No |
Answer / cute
t.code (ob13)
t.code for assiging coa's to c.code (ob52)
Coa is nothing but gl , it is identified with 4 digit a/n
keys,it is nothing but a sub gl's like vendor, customer,etc,
all b/s & p/l considered in coa's,onely one coa's is
assigned in a company ,but accross c.codes we can use the
same coa's. there r 3 types of coa's
1,operational coa's (Maditary for all c.codes)
2,country specfic coa's(additional & optional)
3,group coa's (additional & optional)
Is This Answer Correct ? | 9 Yes | 14 No |
What are the main reasons for sap customers choosing linux?
What is a document in sap? : fi- general ledger
Hi 1 question please Here the issue of Tickets will start after the Testing Phase or anywhere in the Implementation Phase. Thanks
When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?
How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate reconciliation a/c in vendor?
How the system will know that april is your first posting period?
how to configure automatic payment program
11 Answers Cap Gemini, Datamatics, Suzlon,
What is functional area, trading partner
Give me one scenario where you mapped as is with to be
What is the reason behind reclassifying payables & receivables as FI month end activity?
How do you assign a fiscal year variant to a company code?
Can you have non-calendar months as periods in a non-calendar fiscal year?