Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is account group and what does it control?

Answer Posted / vikram kumar singh

Account group determine which field you can configure on
the G/L master record. At least it is necessary to have two
account groups, one for balance sheet a/c and another for
income statement(P&L). It dependents on the size of project
or business system.

The Account group: This will dictate how master data is
created.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain automatic payment programmer

951


What is chart of depreciation ? : fi- asset accounting

1007


Explain year closing in fi-aa? : fi- asset accounting

1025


Describe mass change/how do you achieve this? : fi- asset accounting

971


What is the significance of sender & receiver cost elements & cost centers?

1072


Will pricing be changed for mysap business suite on linux?

1043


Is there any additional configuration required for account-based profitability analysis as compared to costing based profitability analysis?

1062


What are posting keys?

1076


What are the direct allocation methods of posting in co? : co- cost center accounting

993


How do you configure manual bank statement?

1004


Can you have multiple retained earnings a/c?

983


What is the account assignment category? : fi- accounts payable

958


How do you create an asset accounting company code? : fi- asset accounting

997


How does posting happen in mm (materials management) during special periods?

1168


What happen if company were Implemented only FICO module and what is the disadantages?

2119