What is chart of account and how many charts of accounts can
be assigned to a company?
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Answer Posted / manoj kumar
The chart of accounts in SAP is a group of GL Accounts that controls the name of the General GL Master, the number of GL Master and some control information. In other words, the grouping of G/L accounts forms the framework for recording accounting transactions in a structured way . And one chart of account assigned many company codes but one company code used for one chart of account.
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