Answer / bharath

Group account means a similar kind of accounts. In chart
of accounts contain number of Group accounts.
Eg:-
Group description number range
FAST – fixed assets -- 100000-199999

Answer / e.sunil kumar reddy

account group means at the time of creating the groups in
SAP we will give the range of account codes to group.In
chart of a/c groups number of a/c groups.SAP has given
account group.structure of a/c groups in SAP will be as under.

chart of a/cs
|
account group
|
accounts


chart of a/cs a/c group description from no. to no.
| | | | |
xxxx cala current assets, 200001 200100
lons,advance

Answer / gokhalemahesh20

we have grouped G.L. according to there similarity for
reporting purpose. And in SAP we create group accounts in
same logic but there is more function for group accounts it
also control field status of master record & also define
number ranges for that similar kind of G.L.

Examples of group of accounts
Administrative expenses, payment to employees, fixed assets,
etc

Answer / sapuser

Account group is grouping of accounts according to similar business functions..like customer acc group, vendor acc group, material acc group etc...It controls wt all the fields r required, optional and suppressed fields when a gl master is created. Also it determines the interval from which the document number should be.

Answer / g

Group account means a similar kind of accounts. In chart
of accounts contain number of Group accounts.
Eg:-
Group description number range
FAST – fixed assets -- 100000-199999


Is This

Answer / anjaneyulu

ACCOUNT GROUP MEANS NAME OF GROUP ACCOUNTS UNDER WHICH U CAN
CREATE N NUMBER OF ACCOUNTS EX
EX. FIXED ASSETS UNDER THE GROUP NAME U CAN CREATE DIFFERENT
TYPES OF FIXED ASSETS LIKE BUILDINGS, PLANT AND MACHINERY...

Answer / vivek

It contains a list of all GL account, called a group of
account. It accepts the account number ranges.This group of
account is useful to create a GL Account with the
transaction code FS00.

Answer / chinnareddy

group account means the account which is maintaind at group
chart of accouts level. and it is assigned to gl account in
fs00.for operating chart of accounts.which means operating
chart of accounts gl will include in group account number.

Error While creating Third Party order in VA01 :- HI am trying to create Third Party order in VA01 in my sand box with material ( BANS item category Group) getting error NOT POSSIBLE TO DETERIMINE A CONSUMPTION ACCOUNT in OBYC GBB i tried to do some setting in VAX , VBR with valuation class 0001 but dont know the exact GL Account . kindly help.

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