Answer Posted / muthuraj
Account group is a summary of accounts based on a criteria
that effects when master records are created.
The COA has different type of Account Group.
It is use to interval GL Number for P & l and Balance sheet
item.
we can create income GL group for eg. 1 to 1000
expenditure group 1001 to 2000 like that.
When create GL we use the GL Account Group Number.
It controls the GL's Fields.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
in payment terms what is the use of day light?in fsg 1 feild we can not control what is that feild.pls give the ans for this 2 questions
How does posting happen in mm (materials management) during special periods?
What is a document header? : fi- general ledger accounting
Explain what is posting key and what does it control?
Why asset classes are important in sap?
Explain the most common g/l reports in fi?
Is it possible to change an existing b/s gl a/c to the p&l type? : fi- general ledger
What are the critical scenarios in production support? Tell me some examples?
Describe number range interval. : fi- general ledger accounting
What are document types ?
What is the configuration required for additive costs?
What is a cost center group?
Define depreciation areas? : fi- asset accounting
What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.
What do you mean by chart of accounts? What is it used for? What are its important elements? How many chart accounts can be assinged to a company?