SAP FI/CO TRAINING MATERIAL-FUNDAMENTAL

B.Jyotiraditya ,ACA,MBA(FIN),SAP FI/CO Sr.Consultant.

Cell no.09885863446

SAP – FICO

SAP – FICO

· You can use the same chart of accounts for all company codes

If the company codes all have the same requirements for the chart of accounts set up assign all of the individual company codes to the same chart of accounts. This could be the case if all company codes are in the same country.

· In addition to the operating chart of accounts, you can use two additional charts assign up to two charts of accounts in addition to the operating chart of accounts. This could be the case if company codes lie in multiple countries.

The use of different charts of accounts has no effect on the balance sheet and profit and loss statement. When creating the balance sheet or the profit and loss statement, you can choose whether to balance the company codes which use different charts of accounts together or separately.

Structure

Charts of accounts can have three different functions in the system:

· Operating chart of accounts

The operating chart of accounts contains the G/L accounts that you use for posting in your company code during daily activities. Financial Accounting and Controlling both use this chart of accounts.

You have to assign an operating chart of accounts to a company code.

· Group chart of accounts

The group chart of accounts contains the G/L accounts that are used by the entire corporate group. This allows the company to provide reports for the entire corporate group.

The assigning of an corporate group chart of accounts to a company code is optional.

· Country – specific chart of accounts

The country – specific chart of accounts contains the G/L accounts needed to meet the country’s legal requirements. This allows you to provide statements for the country’s legal requirements.

The assigning of an country-specific chart of accounts to a company code is optional.

SPRO Financial Accounting General Ledger Accounting GL Accounts Master Records Preparations Edit Chart of Accounts. TC – ob13

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Chart of Accounts : TCCA

Description : Tata Country Specific Chart of Accounts

Language : English

Length of GL Accounts : 4

Controlling Integration : Manual Creation of Cost Elements

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Chart of Accounts : TGCA

Description : Tata Group Chart of Accounts

Language : English

Length of GL Accounts : 5

Controlling Integration : Manual Creation of Cost Elements

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Chart of Accounts : COCA

Description : Tata Consultancy Operating Chart of Accounts

Language : English

Length of GL Accounts : 6

Controlling Integration : Manual Creation of Cost Elements

Group Chart of Accounts : TGCA

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Chart of Accounts : SOCA

Description : Tata Steel Operating Chart of Accounts

Language : English

Length of GL Accounts : 6

Controlling Integration : Manual Creation of Cost Elements

Group Chart of Accounts : TGCA

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