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what is the mean of group of accounts and examples
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Answer Posted / gokhalemahesh20
we have grouped G.L. according to there similarity for
reporting purpose. And in SAP we create group accounts in
same logic but there is more function for group accounts it
also control field status of master record & also define
number ranges for that similar kind of G.L.
Examples of group of accounts
Administrative expenses, payment to employees, fixed assets,
etc
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