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Thursday, April 21, 2011

Chart of Account Types

There can be only one primary chart of account per company code in SAP. You can have a different set of chart of account that can be used for Group Account and one for Alternative accounts.

Three types of Chart of Account .

1.Operative Chart of account
It is the COA you are opening for COA defines the Ledger account.

2.Country Chart of Account
You can use this COA for the legal requirement for the country specific.

3.Group of Chart of Account
Supposes for the same company , which uses different COA for their purposes, they can be grouped into Group of Chart of Accounts

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