Explain the difference between Country chart of accounts nd
group chart of accounts

Answer Posted / md ratiuddin

Country Chart of Accouts Used for Country Specific Legal
Purpose (Ex: Submit the Reports B/S & P&L for Particular
Country)

Group Chart of Accouts Used for Consolidation Purpose (Ex:
If Same Company More than One C.Code at that time Group
Chart of Account used)

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

DIfference between F-43

1083


What is an automatic posting? : fi- general ledger

581


What is a (tax) jurisdiction code?

618


What is parallel and local currency in sap?

651


What are the ‘submodules’ within fi?

590






What is asset accounting (fi-aa)? : fi- asset accounting

576


What is a payment block? : fi- accounts payable

695


What are the 3 errors that you must have faced during Support?

1592


What is an intermediate bank? : fi- general ledger master data

620


How we do the Testing? Normally how many types of testing process we use in SAP?

1560


what is the day to day work of SAP FICO Consultant. which are the documents,white papers he uses. who will assign him work and in what form, is it a flowchart,word document,power point presentation ?and also what is business blue print and how it is documented(word,flow chart),?? please answer my question

6679


What is account determination ? : fi- asset accounting

598


How do you carry-forward account balances?

591


What are the steps to be taken before you execute an actual costing run?

548


what are the challenges you are faced with end users ?

1244