What does definition of a chart of account contains?

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What does definition of a chart of account contains?..

Answer / dinesh lakhotiya

The chart of accounts contains the list of GL accounts.
In simple words, it may be defined as a list of GL accounts
used for external(Tax authorities etc.) and interal(
management level etc.) purposes.

Is This Answer Correct ?    16 Yes 1 No

What does definition of a chart of account contains?..

Answer / avsp. dhurga

chart of account is nothing but list of g/l accounts,

Is This Answer Correct ?    7 Yes 0 No

What does definition of a chart of account contains?..

Answer / chandan

1. Variant of Chart of Account-INT
2. Name of Chart of Account- COA of Company name
3. Language-It is must
4. Legth of G/L Account Number which you use in account
group
5. Controlling Intergation:
A Manual creation of Cost Element-We define the manula
cost element in Cost Center
B Automatice Creation of Cost Element-If we define
automatic cost element so when we create the G/L Account
the systmen automatice create same cost element for
controlling
6. Group of chart of account- It is purpose of
Consoildation of G/L Account
7. Block- It is indector for when you creat account group,
No other company can copy your account group until is
finished.
OB13

Is This Answer Correct ?    6 Yes 3 No

What does definition of a chart of account contains?..

Answer / muni

Chart of accounts controls the structure of gl accounts. In
maintains Length of GL and maintainance language in
Controlling integration advisable to use manual. COA is a 4
digit code. There is a check box called block while crating
COA, if we select that we cannot extend GL accouts (Which
are already created in one co.code) from one co.code to
another co.code. But we can post the transactions in GL ac
(Which are crated before blocking)

Is This Answer Correct ?    2 Yes 0 No

What does definition of a chart of account contains?..

Answer / bindu

chart of accounts means list of general ledgers .in chart
accounts we maintain the length of gl accounts,language in
which all gl accounts have description,we can maintain group
chart of accounts for consolidation of all ur company
company codes ,then if we want to block the chart of
accounts we can block here .due to block we cant create gls
under this chart of accounts

Is This Answer Correct ?    1 Yes 1 No

What does definition of a chart of account contains?..

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

Is This Answer Correct ?    0 Yes 0 No

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