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What is chart of account and how many charts of accounts can
be assigned to a company?
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Answer Posted / rajesh kumar
Chart of accounts is the variant it contains the list of GL accounts used in one or more company codes. All GL accounts in the chart of accounts will have account name, account number and some other control information. This control information decides how the GL account can be created.
We have three chart of accounts available in the system
1.Operate Chart of Accounts
2.Group Chart of Accounts
3.Country Chart of Accounts
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