MIN and MAX number of segments in Chart of accounts ?
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Answer / oracle.vision
Minimum segments in chart of Accounts is two segments
1)Balancing and 2)Natural account.
Maximum segments in the Chart of Accounts is 30 segments.
Suggestions will be appreciated.
Thanks,
Oracle Vision.
| Is This Answer Correct ? | 27 Yes | 1 No |
Answer / kapil jindal
Hi,
You can have min 2 if you are not implementing
Assets/Project.(Balancing & natural Account)
If you are implementing Assets.Projects then u have to have
3 minimum segments.(Balancing, Cost Center & natural
Account)
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / jayanthi.m
Minimum Setment is two
Maximum Segment is 30
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / ali khan
Minimum segments is two and that is [1]company [2] accounts.
Maximum segments is 30
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / netrasaman
Minimum Setment is two
Maximum Segment is 30
| Is This Answer Correct ? | 4 Yes | 1 No |
Min 2 , 1 for account and other one for balancing segment
Max 30
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / satish
Minimum Segments are two 1) Balancing Segment 2)natural Account Segment
Maximum Segments are 30
| Is This Answer Correct ? | 1 Yes | 1 No |
minimum segments in COA --2 . such as
1.balancing segment 2. company segment
maximum segments in COA -30
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / dj
When you enable Automatic Offsets, Payables gives you a
choice of two different methods for building your
offsetting accounts on the basis of this default, Account
or Balancing.
If you select Balancing as your Automatic Offset Method,
payables takes the default liability account for the
invoice, substitutes the balancing segment from the invoice
distribution and uses that as the distribution's offsetting
liability account.
If you select Account as your Automatic Offset Method,
payables takes the account used for the invoice
distribution and substitutes the account segment from the
default liability account for the invoice, preserving all
other segment values.
Example: You selected Automatic Offsets as None, and your
Accounting Flexfield structure is Balancing Segment-Cost
Center-Account. Your default liability account for supplier
site ABC is 101-000-2300. You enter an invoice for supplier
site ABC and distribute it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-000-2300 $60
CR 101-000-2300 $40
Example: You enable Automatic Offsets using the Balancing
method, and your Accounting Flexfield structure is
Balancing Segment-Cost Center-Account. Your default
liability account for supplier site ABC is 101-000-2300.
You enter an invoice for supplier site ABC and distribute
it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-000-2300 $60
CR 200-000-2300 $40
Example: You enable Automatic Offsets using the Account
method, and your Accounting Flexfield structure is
Balancing Segment-Cost Center-Account. Your default
liability account for supplier site ABC is 101-000-2300.
You enter an invoice for supplier site ABC and distribute
it as follows:
DR 101-100-4500 $60
DR 200-201-4610 $40
Payables records the following liability account offsets
automatically when you approve the invoice:
CR 101-100-2300 $60
| Is This Answer Correct ? | 0 Yes | 4 No |
Answer / kalpen
you need 1-Company, 2-Natural Account and 3-Cost center
| Is This Answer Correct ? | 0 Yes | 17 No |
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