What is chart of account and how many charts of accounts can
be assigned to a company?
- 16 Answers
- 58190 Views
- Golden Sands, I also Faced
- E-Mail Answers
Answer Posted / thomas
chart of accounts is a varient contain list of gl to find
the head of the gl.income, exp, assets, liabilities.for
liabilites v create current liabilities, creditors,loan ,
bills payable. for assets fixed asset, current asset,bills
receivable,debtors and missllonus exp. so definding upon
the company we assign chart of accounts
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
What is the main activities of Assessment Cycle? and how it works? plz. give the configuration in details.
Differentiate between account assignment model, recurring entries and sample document? : fi- general ledger
What are fi validation rules?
Bad Debts :- Friends, Kindly advice how do we configure Bad debts in FI
What is depreciation? Explain the various types? : fi- asset accounting
What is the report painter?
Outline company code—controlling area assignments? : co- general controlling
if sap master data has been change due to user demand how to test his result
How does sap go about costing a product having multiple bill of materials within it?
What is an operating concern and what is its relationship with a controlling area in co?
Once you have captured all the costs and revenues how do you analyze them?
Explain the two uses of blocking an account? : fi- general ledger accounting
How do you define a new company code?
What is clearing? : fi- general ledger accounting
Currency gain - loss at PPV, how is it possible to split the PPV in: 1. Price related PPV and 2. Currency related PPV?
