For one company code max how many chart of accounts can we
assign?

Answer Posted / meeravlai

we should assign operational chart of account this is mandatory, we have to assign group chart of account to operational chart of account where you want to maintain corporate level and we have to assign country chart of account to company come this is for country legal requirements

Is This Answer Correct ?    15 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How are tolerance group for employees used?

582


What is an outline agreement? : fi- accounts payable

748


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

678


Explain the purpose of the account type field in the gl master record?

679


What is known as a repeat run in the depreciation process? : fi- asset accounting

625






What are the different standard reports in sap co system? : cost center accounting

607


Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs

1520


What is fi/co consolidation and give the steps to customization for fi consolidation?

1950


What is the use of cost elements report? How do you access cost element reports in sap system? : cost center accounting

660


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

606


Hi all.... Please explain to me... what G/L account should I maintain / create If I want to do the intercompany transfer asset - no revenue. and if I want to do the intercompany transfer asset - Net Book Value. What is the different between this 2 method. My company's requirement is ... 1. Transfering the asset on company A to company B, example Asset 1 - acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated depreciation till 31.12.2007 : 10 so the net book value is 90, useful life 4 years the company wants to transfer this asset in company B. is it possible to transfer all the data just like I explain above : acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated dep = 10

1523


What is a posting period and how does the system identifies posting period?

658


What is the legacy system migration workbench (lsmw) and when would you use it in your sap fi/co rollout?

602


How do you manage outgoing partial payment for vendor in fi?

688


What is a credit control area in sap ?

614