If you have more than one company code and all the company codes are using different operating chart of accounts (COA) then cross company code controlling will not be possible by using controlling area. To avoid this problem one can use group COA. A group COA is used for consolidation purpose when more than one operational COA is used by different company codes. Group COA is … [Read more...] about Group Chart of Account and Country Chart of Account in SAP FI
chart of accounts
What is Chart of account in SAP FI module – COA
In SAP, a Chart of Account (COA) is defined at the client level. After creating a chart of accounts in SAP, it has to be assigned to a company code. To have better control, all the general ledger accounts are grouped under a chart of accounts. This will help to develop different financial statements for legal reporting. Chart of Account in SAP, is a list of all the … [Read more...] about What is Chart of account in SAP FI module – COA