What is chart of account and how many charts of accounts can
be assigned to a company?

Answer Posted / sravanthi

A classification scheme consisting of Group of general
Ledger accounts. A Chart of accounts provides a framework
for the recording of values to ensure on orderly rendering
of accounting data.Two chart of accounts are assign to one
company code

Is This Answer Correct ?    5 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How can we implement sap project from different places?

1581


How many depreciation areas can be defined for a company code ? : fi- asset accounting

675


How does the system calculate depreciation? : fi- asset accounting

628


Dear HR. i really request you please suggest me a right Institutes where i can learn SAP FI CO and other module plse send me mail on amol_bhakti@yahoo.in

2033


How accrual calculation can be performed in the system? : cost center accounting

647






Name the sub modules within fi, from which fi-gl gets simultaneous postings? : fi- general ledger

763


What is fast entry? : fi- general ledger

650


What is splitting? Explain the splitting structure? : co- cost center accounting

665


In Third Party sale process, I am getting an error- in MIRO(Error No. M8889-A/c 893010 has been set as not relevant for Tax, but when I want to change the Account Assignment in ME21 it is taking only G/L A/C 893010 and refusing all other G/L A/C's by giving 2 errors. They are ME045-G/L A/c 39010 cannot be used(please correct)and ME038-No direct posting can be made to G/L A/C 34000. Experts please share your knowledge to solve this problem. Warm Regards.

6887


name three distinct characteristics of fi-gl? : fi- general ledger

623


Hi in normal Senario when we do any sale we put the signature if the supplier,and the one who has prepared it,etc.then in SAP can u say me as to how we will incorporate this in SAP.

2003


In period 1 there is a wip posted of 22000 usd in period 2 some further goods issue are done to the extent of 15000 usd. How will system calculate wip for period 2?

561


Any one please give me some real time tickets with solutions

1568


Differentiate between the parking and the holding of documents : fi- general ledger accounting

589


What is variance analysis in co-om-cca? : co- cost center accounting

748