Chart of Accounts
Definition:
This
is a list of all the accounts G / L used by one or more company codes.
For
each account G / L chart of accounts contains the account number, account name,
and information as a function of the account and as an account G / L is
controlled in a company code.
Use:
You must assign a chart of accounts
for each company code. This chart of accounts is the chart of accounts and is used for daily records in this company
code.
You have the following options when
using more number of company codes:
• You can use the chart of accounts
for company codes
If the codes of society all have set
the same requirements for the chart of accounts, have all the individual
company codes to the same chart of accounts. This could be the case if all the
codes of companies are in the same country.
• In addition to the timing chart of
accounts, you can use two additional cards of accounts
If the individual company codes need
different charts of accounts, you can connect up to two charts of accounts, in
addition to the working table of accounts mapping. This could be the case if
company codes are in different countries.
The use of charts of accounts has no
effect on the statements and Profit and loss account. When creating the balance
sheet or the profit and loss account, you can choose whether the company codes
that are different charts of accounts to balance together or separately.
Structure:
Account
three different features of the system are:
•
Function chart of accounts
The
chart of operation of accounts contains the G / L represents. Reservation for
the company code during daily activities Accounting and Control both use this
chart of accounts.
You
must assign a operating chart of accounts to a company code.
•
Chart of Accounts of the Group
The
group chart of accounts contains, which are used by the whole group, the
accounts g / l. This enables the company to provide reports for the entire
corporate group.
The
assignment of a corporate group chart of accounts to a company code is
optional.
•
Country - Chart of Accounts
The
chart of accounts specific to each country contains the accounts G / L required
to meet the legal requirements of the country. This allows you to deliver the
final requirement of the country.
The
assignment of a specific chart of accounts for each country to a company code
is optional.
Integration:
The chart of accounts is shared by
the operation of financial accounting and control. The accounts in the chart of
accounts can be both expense or revenue accounts in financial accounting and
cost or revenue elements of cost accounting / revenue. You can get more
information on this topic can be found at.
