DEFINE CHART OF ACCOUNTS IN SAP FICO

CHART OF ACCOUNTS:

Company Codes:                                                     6200               6201               6202

Option-1

All company codes use same set of accounts                                                                          

(chart of accounts) -i.e.,                                                                             

Accounts coding will be same.                                                                             

Salaries Account Number.                                     400000           400000           400000

We can easily compare or consolidate.

Option-2

Each company code will follow  separate                                                                                  

chart of accounts-i.e

Account coding is not common.               

Salaries account numbers                                     400000           300000           200000

Chart of Accounts                                                   

                       

They want to compare or consolidate

By creating group chart of accounts

We can compare or consolidate                                                                           

Company codes:                  6200              6201                6202       Group chart of accounts

Salaries account:                 400000           300000           200000              100000  

When we create an account we have to give 2 numbers

Salaries account –

Company code  no:             400000           300000           200000

Group account no:               100000           100000           100000    

We can comparing or consolidating by using group account number.

Companies following option1

Here we give :

Chart of Accounts code

Description of chart of accounts

Maintenance language English                          

Length of account number most 10 digits (we are using 6 digits)                             

5. CREATION OF CHART OF ACCOUNTS

path:  SPRO - Financial accounting- General ledger accounting - GL accounts - Master Data-Preparation - Edit chart of accounts list (TR.CODE.OB13)            

Select new entries button.                        

Chat of accounts                             :6200

Description                                        :Chart of Accounts for Godrej group

Maintenance language                  :English

Length of GL account no.              :6 (min 6 max 10)

Controlling integration                    :select manual creation of cost elements

Group chart of accounts                 :Blank

Under status deselect blocked check box (do not select blocked check box)                                                         

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