what is accounting group?

Answers were Sorted based on User's Feedback



what is accounting group?..

Answer / naveen s

Account Group decides on relevant fields and the number
ranges assigned to specfic account group.

Account group determines:
The data that is relavant for Customer record
It controls Customer master record by choosing relavant
fileds in Sales area in particular to sales, shipping,
billing by selecting options like supress, optional,
required and display in Account group, based on it fileds
are selected in Customer Master record.

A number range is assigned to each Account group and
Account group must be assigned to each master record.

Is This Answer Correct ?    22 Yes 1 No

what is accounting group?..

Answer / inturi madhavarao

Account Group in sap sd is used to create the master
records such as Customer master, Vendor master etc.
The account Group controls,
- Whether the partner is a one time customer or one time
partner,
- which screens and foelds are necessary foe entering
master data,
- which fields are mandotory, optional and Diplay in master
record
- which partner functions are valid.

Is This Answer Correct ?    17 Yes 6 No

what is accounting group?..

Answer / shwetha k s

Accounting group are collections of ledgers of the same nature. Account groups are maintained to determined the hierarchy of ledger a/c's which is helpful in determining and presenting meaningful and compliant reports.
The group behavior is classified into capital or revenue and more specifically into assets, liabilities,Income and expenditure. The groups ascertain whether the same will affect profit and loss a/c which is revenue in nature or balance sheet which is capital in nature.You can group the ledger a/c's under the required groups at the time of creating the chart of a/c or you can alter them at any time.

Is This Answer Correct ?    4 Yes 0 No

what is accounting group?..

Answer / shruthi k s

Accounting group is the one of the best part of accounts. It involves all the payable and receivable things.
Accounting group is used in maintain the ledger, voucher and journal entries in all accounts.
So, accounting group is the one of the scientific and systematic transactions in the accounts.

Is This Answer Correct ?    3 Yes 0 No

what is accounting group?..

Answer / pitabash

Generally we use the Accounting group to classify the
partner type. like Sold to , Ship to, Payer , Bill to ,
One time, Vender.

According to the accounting group we can customize our
requirement. like number ranges, field selection,
incomplete procedure etc...

Is This Answer Correct ?    4 Yes 2 No

what is accounting group?..

Answer / shailesh

accounting group is simply the classification of customers,
whether its sp, sh, bp, or py, and it also controls the
fields in cmr.

Is This Answer Correct ?    5 Yes 6 No

what is accounting group?..

Answer / sravan g

in sd scenario account group is used to define the number
ranges and field selection for creating customer master, and
also it is used to define weather the customer is
sold-to-party or ship-to-party or bill-to-party or payer etc..

Is This Answer Correct ?    0 Yes 1 No

what is accounting group?..

Answer / kuenza

accounting group is when many companies merge together in preparing their financial statement

Is This Answer Correct ?    0 Yes 1 No

what is accounting group?..

Answer / sathya

account group is receivable/payable

Is This Answer Correct ?    15 Yes 17 No

what is accounting group?..

Answer / capgemini

it is not payble /receible this is not right answer

Is This Answer Correct ?    9 Yes 11 No

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