1) How Many Leavels we can create GL account ?
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Answer Posted / nick
We can create G/L Accounts at 3 Levels.
Menu Path->Accounting->financial accounting->General
Ledger->Master records->G/L Accounts->Individual Processing->
1)FS00-CENTRALLY
2)FSP0- IN CHART OF ACCOUNTS
3)FSS0- IN COMPANY CODE
Meaning: 1)Creating G/L centrally means G/L account will be
created at company code level as well as centralized chart
of account level and can extended to other co-code
2) Creating G/L account at chart of account level means G/L
will be created at particular Chart of account level only.If
multiple COA is in place than other COA cann't use this G/L.
3)Crating G/L account at company code means that G/L will
only belong to respected co-code only and other company code
cann't use this G/L account.
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