For one company code max how many chart of accounts can we assign?

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For one company code max how many chart of accounts can we
assign?

Question Posted / skumarvtp

8 Answers
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Accenture, HCL, I also Faced
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For one company code max how many chart of accounts can we assign?..

Answer / soumik basu

3 VOA we can assign max(1 operating COA & 1 group & 1 Country)

Is This Answer Correct ?

19 Yes

1 No

For one company code max how many chart of accounts can we assign?..

Answer / meeravlai

we should assign operational chart of account this is mandatory, we have to assign group chart of account to operational chart of account where you want to maintain corporate level and we have to assign country chart of account to company come this is for country legal requirements

Is This Answer Correct ?

15 Yes

0 No

For one company code max how many chart of accounts can we assign?..

Answer / kieth

We can assign three chart of accounts to a company code.

1. operational chart of accounts (mandatory)

2. Group Coa (optional)

3. Country coa.

group and country cao are used depending on business
requiremnts.

Is This Answer Correct ?

10 Yes

3 No

For one company code max how many chart of accounts can we assign?..

Answer / vivek

For one company code, should have only 1 operative chart of
account. And operative chart of account can have a multiple
company code.

Correct me,If I am wrong
Vivek

Is This Answer Correct ?

8 Yes

2 No

For one company code max how many chart of accounts can we assign?..

Answer / ranjith8055

Is This Answer Correct ?

3 Yes

0 No

For one company code max how many chart of accounts can we assign?..

Answer / ramakumar

One or more Operative Chart of Accounts can be assigned to
a company code.

A COA must be aasigned to a company code. This COA is the
operative COA and is used in both FI and CO. But a company
code (Country specific Company code or International
Company code) can have a country specific COA also along
with Operative COA. The link between the regular COA and
the country COA appears in the alternate number field of
the G/L master record.

Eg: If a company's subdidiaries are located in both US &
Mexico. We need to configure 2 Company codes - one for US
and another for Mexico,for eg U100 and M100. The same way
we create 2 COA's one for US & one for Mexico, USCA and
MXCA. Mexico has different govt reporting requirements
than the US so we will need to define a company code
specific to Country Mexico and also create a country
specific COA to be used, in addition to normal COA. In
tcode OBY6(Comp Code Global Parameters) of CC M100 we
define normal COA i.e.,USCA in Chart of Accounts field and
MXCA in Country Chart/Accts field.

Is This Answer Correct ?

0 Yes

0 No

For one company code max how many chart of accounts can we assign?..

Answer / ramu thangella

We Can assign three chat of accounts to a company code
three type of chat of accounts
1 operational chat of accounts ( mandatory chat of accounts )
2 group chat of accounts (optional chat of accounts )
3 country specific chat of accounts
group and country specific are used to depending on business requirement

Is This Answer Correct ?

0 Yes

0 No

For one company code max how many chart of accounts can we assign?..

Answer / ranjith8055

we can assign only one chart chart of account to a company
code

Is This Answer Correct ?

3 Yes

5 No

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