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What is field status group, what does it control?

Answer Posted / r. venkatesan

The 'field status' of an individual field or a group of
fields is marked into a Field Status Group, which is then
assigned to individual GL account master records. You may
attach field status groups to a field status variant so
that the same field status groups are used in various
Company Codes.

The Field Status Variant is named similar to the Company
Code. For example, if your Company Code is 1000, the field
status variant is also named as 1000, and the same is
assigned to the Company Code

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