Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Where Is Assign Group Chart of Account And Country chart of
Account

Answer Posted / naveen kumar

chart of accounts are list of all general ledger account it
may be assigned one company code are many company codes
there are three types of chart of accounts are there
as follows
1.country chart of account is alternative chart of accounts
it is used to meet statutory and legal requirements this
chart of accounts are optional
2.group chart of account it is a corporate chart of
accounts it consolidates company codes .it is optional chart
of account
3.operative chart of account we will post day to day
transactions. it is mandatory to assign company code

scenario 1 : if the are three chart of accounts are same
then we create single chart of account in t.code ob13 and
we create all general ledger account in operative chart of
account fs00.

scenario 2 : if three chart of accounts are different then
we create three chart of accounts separately and also we
create general ledger account separately
first we create group chart of account ob13 and save it then
after we assign group chart account number in both company
chart of account and operative chart of account.
Second for general ledger accounts company and group chart
of accounts we use t.code fsp0
For operative general ledger of account we use t.code fs00
we assign company code general ledger account number in
operative chart of account as alternative account number

Is This Answer Correct ?    8 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why should we use external number range inspite of using internal no. range in Asset Configuration? Plz. give the answer in detials.

8129


What are fiscal year variants and how are fiscal periods opened and closed?

1073


Explain cost center accounting? : co- general controlling

1052


what are prerequiations when asset master data uploaded in legacy system?

1546


How the function code handles in flow logic?

1180


What is characteristic derivation in profitability analysis module?

1171


What are the statistical internal orders?

1123


what do you mean by the reversal posting?

1111


Define meta data, master data and transaction data?

1218


What are document types and what are they used for?

1112


Explain the document currency (wrbtr) and local currency fields (debt) when posting a document in sap fi?

1521


What is a company code?

1111


How are scrap costs shows in the standard cost estimate?

1077


chart of accounts are created at client level but why we are assigning to Co.cd ?

1581


Explain how taxes are handled in sap?

1180