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

Answer Posted / vijay krishna

Country chart of accounts used for legal specific country
it means according country specific and Group Chart of
Accounts used for to consolidate number of company codes it
means number of company codes should follow one chart of
accounts then we are using group chart of accounts....

Is This Answer Correct ?    12 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the configuration steps of cash flow statement?

4355


Explain the various reference methods? : fi- general ledger accounting

645


Interested in offering your software to sap customers so they can enhance functionality of their sap servers running linux?

573


Assign different no. range for different business area of same co. code.

1610


What is a screen layout? : fi- general ledger master data

607






In Third Party sale process, I am getting an error- in MIRO(Error No. M8889-A/c 893010 has been set as not relevant for Tax, but when I want to change the Account Assignment in ME21 it is taking only G/L A/C 893010 and refusing all other G/L A/C's by giving 2 errors. They are ME045-G/L A/c 39010 cannot be used(please correct)and ME038-No direct posting can be made to G/L A/C 34000. Experts please share your knowledge to solve this problem. Warm Regards.

6880


What are evaluation groups?

688


What is the integration point in fi-mm in obyc. Which gl a/c has to be created ?

601


All fico interview questions

581


What is the main activities of Assessment Cycle? and how it works? plz. give the configuration in details.

1857


What is an account group? : fi- general ledger master data

571


Why does sap support linux?

576


Differentiate free offsetting entry from a statistical posting? : fi- accounts payable

641


What is the use of document reversal in sap system? : cost center accounting

690


Is it possible to configure the system to pick up a different exchange rate type for a particular transaction?

553