What is account group and what does it control?

Answer Posted / sanjay nayak

Account group availiable in General Ledger, Accounts
Payable and Accounts Receivble.

1. Number range for COA in GL , grouping Assets,
Liabilities , Income and expenditure.

2. Number range for vendor accounts and one time vendor
3. Number range for customer accounts and one time vendor
It will assign field status vairants for all

Is This Answer Correct ?    5 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How does the system calculate the activity price? : co- cost center accounting

586


How many normal and special peroids can be there in a fiscal year? What is the use of special periods?

568


What is Boolean logic? : co- cost center accounting

682


What is the co reconciliation ledger and when would you typically use it?

638


how to delte g/l if transaction are updated. :- hi expertise how to delete the g/l a/c if the transaction are updated in. whether any possibility to delete. let me know. thanks in advance

1364






What is the main control parameter for settlement?

2196


Change of General Ledger Cost Assignment :- We have two major company codes and plus a minor one. In order to assign intra and inter company costs correctly SAP was set up to assign cost at goods issue to the general ledger account 100000 according to plant. Now we combined two company code into one. Every end of month we must re-class costs out of the plant cost center into the cost center associated with the sales office. It is possible that we directly assign cost to cost center of cost office, how can it be possible? Please tell me how we can make this process easier. Thanks in advance, Manoj

1648


WHAT IS DIFFERENCE BETWEEN CLASICAL AND EXTENDEND WITHHOLDING TAXES

1546


What are the different types of data in sap system? : cost center accounting

631


Explain a plan profile? : co- cost center accounting

586


Give me an Example for functional specifications in sap fico

2533


any body send the configuration of investment management

1766


What is a purchase order (po)? : fi- accounts payable

608


What is Difference between Cost center and Profit center. Can any one explain me?

686


What is a year shift/displacement in fiscal year?

719