Advice on Chart of Accounts and Functional Areas

I posted two new blogs on the topic on the SDN. If you are interested in how ERP Financials could integrate with the Financial Performance Management (FPM) products, please check them out.
Beyond ERP - Improve your SAP Chart of Accounts design to integrate with FPM /people/jeffrey.holdeman/blog/2008/04/17/beyond-erp--improve-your-sap-chart-of-accounts-design-to-integrate-with-fpm
Beyond ERP - Improve your SAP Functional Area design to integrate with FPM /people/jeffrey.holdeman/blog/2008/04/22/beyond-erp--improve-your-sap-functional-area-design-to-integrate-with-fpm
Best regards,
[Jeffrey Holdeman|https://wiki.sdn.sap.com/wiki/display/profile/Jeffrey+Holdeman]
Analytics and Enterprise Performance Management RIG
Business Objects, an SAP company

Hi,
There are certain preliminary steps to be carried out in ECCS. You can find them under SPRO->Enterprise Controlling->Consolidation->Integration: Preparation for Consolidation.
You need to choose the type of consolidation, create Company, link it to Cons Unit in ECCS, Creating/Copying FS Items (each account in Group COA will have an FS Item; 1:1), etc.,
After the setup, you actually need to carry out Rollup or Flexi Upload for importing FI data into ECCS FS Items. This is done to Data Monitor - CXCD.
In ECMCT, typical selections would be Dimension, Cons Unit, Cons COA, FS Item.
I suppose these preliminary steps are requried for the data to flow to FS Items.
Hope this clarifies.
Rgds.

Similar Messages

Change chart of accounts in Controlling area

Hi all,
How can I change the chart of accounts in controlling area?
I've already changed chart of accouns in FA CoCode Global data, and I have to change chart of accounts in controlling area; In OKKP chart of accounts is in display mode

I get the message; where I have to assign Chart of acc to Controling area in OKKP is not possible
Differing charts of accounts: INT - CAXX
Message no. KT299
Diagnosis
The system makes consistency checks during assignment of a company code to a controlling area as part of assignment control.
The same checks take place if assignments already exist and you change the basic data in the controlling area, or if you define the controlling area and company code as a 1:1 structure.
If the check finds an error, the system cannot execute the function ("Assign" or"Change basic data"). If you do not maintain the required data for the consistency check (such as currency, chart of accounts, or fiscal year variant in the company code), this also results in an error message.
Chart of accounts INT, controlling area XX01, does not agree with chart of accounts CAXX, company code XX01.
System Response
Processing is terminated.
Procedure
Ensure that the same chart of accounts is assigned to controlling area and company code.

Chart of Account and Country COA

Hi All,
Can some tell me difference between Chart of Accounts and Country Chart of Accounts. And for What purpose Country Chart of Accounts is used.
Regards,
Kiran.

Hi,
Chart of Accounts
Definition
This is a list of all G/L accounts used by one or several company codes.
For each G/L account, the chart of accounts contains the account number, account name, and the information that controls how an account functions and how a G/L account is created in a company code.
Use
You have to assign a chart of accounts to each company code. This chart of accounts is the operating chart of accounts and is used for the daily postings in this company code.
You have the following options when using multiple company codes:
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 of accounts
If the individual company codes need different charts of accounts, you can 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.
Integration
The operating chart of accounts is shared by Financial Accounting as well as Controlling. The accounts in a chart of accounts can be both expense or revenue accounts in Financial Accounting and cost or revenue elements in cost/revenue accounting. You can find additional information on this subject under Cost Accounting and Chart of Accounts.
Thanks,
Rau

Country chart of accounts and alternative account No.

Hello Experts
we're using country chart of accounts and alternative account No. to fullfill FICO China localization, now I have below questions:
1, In manual FI posting in company code of china, eg. by transaction code FB01, which account number is used for this posting? Account number in operational chart of accounts or account number in country chart of accounts?
2, The alternative account No. in country chart of accounts also needs to be created with compnay code level master?
Or we just need create account in operational chart of accounts with company code level master?
3, If we use account in operational chart of accounts for FI posting by company code of China, after posing, two accounting documents are generated, one with account in operational chart of accounts? Another one with account in country chart of accounts?
4. Country chart of accounts is used for consolication purpose? Is there some difference with group chart of accounts?
Thanks,
Nicole

Hi Nicole,
1, In manual FI posting in company code of china, eg. by transaction code FB01, which account number is used for this posting? Account number in operational chart of accounts or account number in country chart of accounts?
> Account No. in Operation Chart of Accounts is always used for FI posting. Alternative Account No. is always for information purpose.
2, The alternative account No. in country chart of accounts also needs to be created with compnay code level master?
Or we just need create account in operational chart of accounts with company code level master?
> You only create Operational Chart of Accounts for posting. Alternative Account No. can be of two types 1):-is a freely definable text and you don't have any chart of Account for that, for example say legacy No. 2) The Account No. from a country Chart of Accounts, in this case you create a GL in Country Chart of Accounts.
3, If we use account in operational chart of accounts for FI posting by company code of China, after posing, two accounting documents are generated, one with account in operational chart of accounts? Another one with account in country chart of accounts?
> Not True. Only Operation Chart of Accounts will get posted. In the Alternative Account No., the Alternate Account No. will get populated.
4. Country chart of accounts is used for consolidation purpose? Is there some difference with group chart of accounts?
> No. Country Chart of Account is used for External reporting.. Group Chart of Account is used for Consolidation.
Regards,
SAPFICO

Error in ME51N - Account object functional area differs from asset master

We are in the middle of going thru an upgrade -
Funds & Functional Area were display fields in the old system but it was recetly changed to required fields in the Asset Master Record (AS01). Now when I try to create a Purchase Requisition for procuring the asset, I get this error - We are in the middle of going thru an upgrade -
Funds & Functional Area were display fields in the old system but it was recetly changed to required fields in the Asset Master Record (AS01). Now when I try to create a Purchase Requisition for procuring the asset, I get this error - Account object functional area differs from that in asset master record. Any suggestions?. Any suggestions?

The functional area what is comming is not the same in Asset accounting as you get from ME51N.
What functional area you get from ME51N and what is the asset.
Is the functinal area in the cost center not the same as you filled in the asset?

Assign Chart of account to Controlling area

Hi,
Why we assign Chart of account to Controlling area ?
Regards,
Pankaj

Hi,
First of all I would like to tell you that we don't assign Chart of Accounts to a Controlling Area. It is the Company Codes that are assigned to the Controlling Area.
Now, the basic purpose of defining a Controlling area is that we want to capture cost and revenues for Internal Management Reporting. So this is where the Internal Accounting comes into play where we want to know about the internal reports pertaining to product cost, cost center reports, profit center reports, margins, contributions etc. All these helps us to analyses the "Bottom Line"- Profit.
But the question that arises is how the expenses that are arising at the Financial accounting level be moved to the controlling area level? For this we assign company codes to a controlling area, but they should have the same chart of accounts and same fiscal year variants. Now the chart of accounts are nothing but a classification of structure and basic information about the G/L accounts. The expenses that the company is incurring for its smooth operations are captured in the G/L accounts. The G/L accounts are defined under some specific Accounts group e.g.. Administrative Expenses, Depreciations, Secured Loans, Sundry Creditors etc. The frame work of these account groups is contained at the Chart of Accounts level.
So how should we make these values flow from FI to CO? The answer is that we will create these G/L accounts as Primary cost elements in Controlling. This ensures that expenses in Fi and the Primary Cost Elements in Co can be reconciled. So now there is a link that is been provided between FI and CO. This enables us to get both Eternal and Internal reports. Now, when we are assigning more than One company codes to one controlling area, then we should also have the same chart of accounts and G/L accounts so that we are able to draw reports easily without any discrepancies in the G/L accounts. For Company codes having different chart of acounts, we need to assign them to different controlling areas.
So in brief this is the role of Chart of Accounts in Controlling. I hope that you would be satisfied with the answer.
Regards,
Dhruv.

Text ids for Chart of Accounts & Co Code Area

Hi,
Why do we need obt6 & obt7 i.e. Text ids for Chart of Accounts & Co Code Area.
Regards,
Vikas

in case when u want to use some additional text for the creation of GL at a crertain level like COA then u create the standard text types and tick the relevant text... then whenever u create the GL then it will give u the option of putting text there..... it is more of information text....

Group Chart Of Accounts and Group Account Number

Hi SAP Gurus,
For the sake of consolidated reporting, we are planning to create group chart of accounts and assign a Group account number to the GL account master. The structure is going to be like this:
Operating Expenses (Group Account : 461000).
Air Conditioning Exp   (GL account 461000001)
Elevators                   (GL account 461000002)
Coffee and snacks      (GL account 461000003)
This is being done to achieve a detail level reporting at the company code level and a consolidated reporting at a group level where the reporting would be based on group account or FSIs. We would define a financial statement version based on FSIs.
My question is : do we need to activate the consolidation (EC-CS) module to push the data to the FSIs or the data would flow automatically to the group account if we assign this to the GL master. If we go to fetch the data from the ECMCT table, do we need to have a consolidation unit?
Any inputs are highly appreciated.
thanks
sri

Hi,
There are certain preliminary steps to be carried out in ECCS. You can find them under SPRO->Enterprise Controlling->Consolidation->Integration: Preparation for Consolidation.
You need to choose the type of consolidation, create Company, link it to Cons Unit in ECCS, Creating/Copying FS Items (each account in Group COA will have an FS Item; 1:1), etc.,
After the setup, you actually need to carry out Rollup or Flexi Upload for importing FI data into ECCS FS Items. This is done to Data Monitor - CXCD.
In ECMCT, typical selections would be Dimension, Cons Unit, Cons COA, FS Item.
I suppose these preliminary steps are requried for the data to flow to FS Items.
Hope this clarifies.
Rgds.

I have two apple id's because my hotmail account is no longer active. How can I delete the old one and use or update the new one? Every time I try it won't allow me and now my iPad thinks there are two accounts and they are arguing with each other. Help!

I have two apple id's because my hotmail account is no longer active. How can I delete the old one and use or update the new one? Every time I try it won't allow me and now my iPad thinks there are two accounts and they are arguing with each other. Help!

You can't merge accounts or copy content to a different account, so anything that you bought or downloaded via the old account is tied to that account - so any updates that those apps get you will only be able to download via that account. You can change which account is logged in on the iPad via Settings > Store

My wife and I are thinking about getting match but we have different itunes accounts and we are worried about losing our individual apps

my wife andI are thinking about getting match so that all of our music is in one place. However, we are currently have different itunes accounts and we are worried about losing the different apps that we have accumulated over time, also she has more storage than I do and we are a little worried about that. Does anybody have any ideas.

You won't lose any apps but one of you will lose the ability to update apps on the device.
For you to share iTunes Match all devices must be signed into the same iTunes Store Apple ID that was used to purchase the service. This means any Apps that were purchased with the other Apple ID cannot be updated on the device as a device can only be associated with one Apple ID every 90 days.
I know it's not what you want to hear, but my suggestion is to simply stay with the system you have. It will cause you less headaches.

Error in ME51N - Account object functional area differs in asset master

We are in the middle of going thru an upgrade -
Funds & Functional Area were display fields in the old system but it was recetly changed to required fields in the Asset Master Record (AS01). Now when I try to create a Purchase Requisition for procuring the asset, I get this error - Account object functional area differs from that in asset master record. Any suggestions?

hi
please check the Asset Master for functional area.

New OM Objects since Enhancement Package 4 (Job Family and Functional Area)

I was wondering if anyone had implemented the new OM objects Job Family and Functional Area that came out with ehp4. If so, what was your experience? I am curious whether the new objects are are saved in IT0001 as the other OM objects (job, position, and org. unit) are. Also, if the new objects are available in the PNP logical database for query reporting.

Hi,
Just to add on to REDu2019s comments, there are two new evaluation paths as well which traverse through the job architecture u2013
Top to bottom: FN-JF-CS
Bottom to top: SC-JF:FN
These can be used in report RHSTRU00.
Hope this helps.
Donnie

Diffrence between Master Chart of Accounts and Company Code Chart of Accoun

Hi,
what is the Diffrence between Master Chart of Accounts and Company Code Chart of Accounts?
Regards
Divya

HIi
Mater chart of accounts is nothing but the main account that is created at the client level.
we have 3 COA
1. Group chart of accounts
2.country specific chart of accounts
3. Operating chart of accounts
we can have maximum 3 chart of acocunts assigned to each company code
Company code chart of accounts is can be operating chart of account which contains the group of account used by that company...
If some specific requireement is there for the country reporting purpose than we need to use that and maintain that ,
Group chart of account is used for the consolidation purpose.
like we have 6 company codes under one company in differnet countries.. so here they will have one common COA which will consilidate the business of all 6 company codes...
Hope u understand wht u wanted..
sejal singh

I have two ipod nanos. And i have 2 itunes accounts and we are accessing both accounts from the same PC. One of my ipod works fine, it gets detected as a device and sync fine. The other one does not. Need help.

I have two ipod nanos. And i have 2 itunes accounts and we are accessing both accounts from the same PC. One of my ipod works fine, it gets detected as a device and sync fine. The other one does not. Anyone knows what this may be?

The music sync is one way - computer to ipod. The only exception is ituens purchases. The ipod is not a backup device.
Copy everything from the old computer or your backup copy of your old computer, to the new one.

Magic: After installing Lion on a clean HD, all accounts and programs are back

After I've erased my iMac, I did a clean install through an external USB with Lion 10.7.4. MAGIC: All former user-accounts and programs (include office) are back again.
What was happened?
I'm using iCloud and Time Mashine. A few days before, my iMac (10.7.5) had some errors, and than suddenly, it didn't start again. I've tried to reinstall from Time Mashine, but after about 60%, it had quit with an error. It might been an HD error, so I did an secure erase (with Disc Utility). After that, I booted from my USB with 10.7.4 installer and have installed Lion, restarted, and than there it was: All former user accounts and programs are back! I've thought, I has got crazy. But now, I hope, someone can explain me, what has happend.
Thanks for answers,
Elduke98

McDonney11 wrote:
Haha. My appologies, I shall 'plug' my devices as oposed to 'popping' them infuture.
No worries, it was late, I was a little loopy and having a little fun while trying to help. You just keep poppin' away!
Well we are on the same page my friend haha.
Good to hear.
I completed a fresh install of Lion on my HDD and migrated my data over with the migration assitant and all has worked well. Not flawlessly however all problems I encountered I could get past with a little thinking.
I must say the computer is running so much better now (touch wood, I dont want to post this and have my computer crash xD). No more spinning beach ball, no more waiting excessively for apps to launch. In terms of speed it appears it is now close to the way SL used to be (of course I dont expect it to be on par as Lion is a new OS which is yet to be refined).
Excellent!
In terms of battery life I cannot comment, I am yet to use the computer for a period of time on battery. I will report back when I do so, most likely in a day or so (if that).
I must recommend that if anyone is experiancing slow downs of their Mac after installing Lion, and it is obviously not Spotlight indexing to blame, that they try this. It does appear to improve general speed.
That is good for many people to know, so thank you.
I do hope Apple release updates and patches for Lion quite soon, it still has bugs in my mind.
I have no information on it, but I would bet on it.
Thanks for all of your help tjk, your a star!
Wow, those are kind words. Thank you, and you are quite welcome.

Advice on Chart of Accounts and Functional Areas

Similar Messages

Maybe you are looking for