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For one company code max how many chart of accounts can we
assign?
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Answer Posted / ramakumar
One or more Operative Chart of Accounts can be assigned to
a company code.
A COA must be aasigned to a company code. This COA is the
operative COA and is used in both FI and CO. But a company
code (Country specific Company code or International
Company code) can have a country specific COA also along
with Operative COA. The link between the regular COA and
the country COA appears in the alternate number field of
the G/L master record.
Eg: If a company's subdidiaries are located in both US &
Mexico. We need to configure 2 Company codes - one for US
and another for Mexico,for eg U100 and M100. The same way
we create 2 COA's one for US & one for Mexico, USCA and
MXCA. Mexico has different govt reporting requirements
than the US so we will need to define a company code
specific to Country Mexico and also create a country
specific COA to be used, in addition to normal COA. In
tcode OBY6(Comp Code Global Parameters) of CC M100 we
define normal COA i.e.,USCA in Chart of Accounts field and
MXCA in Country Chart/Accts field.
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