What is chart of account and how many charts of accounts can
be assigned to a company?

Answer Posted / chandra

The chart of Accounts is nothing but the list of general
Ledger Accounts.A single Company code can have only one
chart of Account assigned to it.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are evaluation groups?

688


What is a country chart of accounts?

699


What are the common reasons for errors in accounting?

589


How do you maintain exchange rates in sap? : cost center accounting

622


What is the direct tax rates for the year of 2010-11? please give me the list.i.e. for configure withholding taxes

1641






How often we modify costing sheet?

1732


How does the dialog handle user requests?

598


What is a country chart of accounts? Why do you need this?

607


what do you mean by automatic a/c determination?

569


What is a company code, and how is this different from a company?

608


how can I bank payment (standard/partial/residual) against purchasing document and WBS Element. how data will be flow in fbl3n

1001


What is a payment block? : fi- accounts payable

710


What is the new fi-gl in fi in ecc? : fi- general ledger

606


Explain financial closing? : fi- general ledger accounting

582


what are the organisational elements in sap fi and describe them ?

607