What is account group and what does it control?
Answers were Sorted based on User's Feedback
Answer / chandan
Account Group is manage the G/L Accounts
Controls:-
No Ranges of Accounts = GL, AP, AR
Field Status= GL, AP, AR
One Tiem = Customer, Vendors
Is This Answer Correct ? | 11 Yes | 10 No |
Answer / dhanalaxshmi
Account group has control functions when you maintain the
vendor master record
Is This Answer Correct ? | 6 Yes | 5 No |
Answer / rajani.gopi
ACCOUNT GROUP CONTROLS
1.NUMBER RANGES
2.FIELD STATUS OF GL MASTER DATA
3.ONE TIME CUSTOMER AND VENDOR
TRANSACTION CODE FOR ACCOUNT GROUP OBD4
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mahajansatish
The interval in which the GL account number must be defined.
Creation of the GL codes depends upon specified number
range that is assigned to the account group in sap.Which
fields are required and optional entries when creating and
changing master records.Which fields are suppressed when
creating and changing master data.In order to manage and
control a large number of G/L accounts better in SAP, they
are arranged in account groups
Is This Answer Correct ? | 1 Yes | 0 No |
AG is a group of similar GL accounts, here we r specifies the no range interval for each AG, it controls the field status of GL master records.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / chandra
Account group is a list of GL Accounts
It controls the fields of GL A/c
Is This Answer Correct ? | 11 Yes | 11 No |
Answer / muthuraj
Account group is a summary of accounts based on a criteria
that effects when master records are created.
The COA has different type of Account Group.
It is use to interval GL Number for P & l and Balance sheet
item.
we can create income GL group for eg. 1 to 1000
expenditure group 1001 to 2000 like that.
When create GL we use the GL Account Group Number.
It controls the GL's Fields.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / chinna
account group controls the number ranges and fields of GL master records
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manoj kumar
Account group is the grouping of GL Accounts in a single group. And account group assigned to Chart of accounts. And it's control to no. Range intervals.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naveen.k
Account Group:-
it controls the G/L doc no.ranges And Field status fields of
customer and vendor master data.in this case which fields
required or not required,
Suppose for ex:-
G/L noranges,
1000 to 1999-bank
2000 to 2999-Expenses
in above No ranges whwn its controls under the Field status
groups whilch g/l account to be controlls the withhelp of,
ex-G005,G001,G005
general,costing,bank accounts,material,,etc.......
With Regards
Naveen.k
C.M.A
Is This Answer Correct ? | 0 Yes | 1 No |
What are the different submodules in sap fi?
what is depreciation? what are depreciation methods? please explain those method? can any one reply urgently?
What is posting key and what does it control?
What are the statistical key figures and what are they used for?
In which tables SAP save information for a material calculation? I find KEKO and KEPH. But where (which tables) is the link to the info record which are used for the calculation?
Bad Debts :- Friends, Kindly advice how do we configure Bad debts in FI
SAP LIFE CYCLE
1 Answers Cap Gemini, Cognizant, Genpact, Satyam,
what is invoice tolerance ? and what is T.code?
What is the significance of GL Master data? What is the purpose of Mentioning the Field Status group in it?
In G/L master records there is a field( in control tab)'alternate account number'. What is required to be filled in that field?
For stat. Key figure what is the significance of sender & receiver cost elements & cost centers?
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?