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

How is cost center accounting related to profit center?

0 Answers  

---

WHERE FB60 &F-43/FB70-F-22 USED?

5 Answers  

---

What is the difference between Activity Type and Statistical Key figure because both are tracing factors. Do we need to configure both in controlling area?

2 Answers  

---

If error comes Missing due line items in APP then whats the solution please ?

1 Answers   IBM,

---

Explain the importance of the gr/ir clearing account?

0 Answers  

---

Any one can help me abot any tickets in suport project in GL, AR, AP Please send me any issues on that with answer

1 Answers   IBM, Wipro,

---

What are fi validation rules?

0 Answers  

---

How is account type connected to document type? : fi- general ledger

0 Answers  

---

Disadvantages of Distribution in Controlling

3 Answers   Accenture, IBM,

---

I have learn the course SAP FI/CO in the Yr.2007 and have an experience in this part as a FI-End user of 2.8 yrs. Presently I have working in ERP –Accounts department & have More than 15 yrs. Experience. Please suggest me how can I grow my experience in SAP FI/Co due to changing my job? Waiting for your response plese.

0 Answers  

---

Suppose we have created a PO with qty 100 Ton and we have done MIGO with qty 99 Ton and after that we have MIRO 100 Ton. Interviewer asked me how can we load the difference qty balance of migo and miro (100-99=1ton) on material? please help regards sandeep.

0 Answers   Fujitsu,

---

What are account assignment models? : co-pa

0 Answers  

---