Answer / hannah

Hi,
Company is an organizational unit which is generally used
in the legal consolidation to roll up financial statements
of several company codes. A company can include one or more
company codes. If we are going for Consolidation , we need
to enter the 6 character alphanumeric company identifier
that relates to this company code.

Company Codes within a Company must use the same chart of
accounts and fiscal year. And for consolidation purpose we
use Group Chart of Accounts wherein we link the Operating
Chart Of Accounts through entering the G/L account no. of
the Group Chart Of Accounts in the G/L Account of the
Operating Chart Of Accounts.

I just want to share my knowledge, Thank you.

Answer / pavan kumar

hannah u r correct sorry dear i felt he asked relating to
fi-co only but he asked abt fi consolidation ...so that wat
u said is absolutely correct....

adding to Hannah aswer...

at the time of consolidation in FI, Group Chart of Accounts
will be used to draw the balance sheet...

thank u

Answer / pavan kumar

first of all for best wishes to Hannah for attempt many
questions....but here the answer i hope u had given is not
relavant....in my assumption aswer is as follows....

In fs00 wen u r creating gl accounts centrally .u made the
gl as cost element (by clicking on edit cost element in
FS00...)which passes info. to controlling .


to pass the info. from fi to profit centers is either by
attaching the cost elements to relavant profit center(if
required) or via invoices /bills generated...
like this info. flow from fi to co....

and also some more cost objects like internal orders(either
real or statistical) also pass the info from FI to CO...

coming to settings u need to get it from any material here
i cant give bcoz there are N. no.of steps which will change
depending up on company requirement ..but the above wat i
said is common thread to flow of data will not any change
in any type of business flow

3) what is the use of Trading Partner in GL account ?

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