Change Company Cd-Chart Of Accounts

hi,
We have a situation like this. There are two company codes, 1000 and 2000. Company Code 1000 use company code currency LKR and company code 2000 use the company code currency USD. But we want to use same operational chart of accounts. Would this be possible?
Best Regards,
Gayani

one or more company codes will use same cahrt of accounts but there are two conditions satisfy first . same nature of business or same fiscal year varient then you will use the same chart of account if you consilidation also possible. company codes are different currency its not a problem your will use different currencies but consolidation purpose you will use new gl functions 1. leading ledger it is only once currency non leading ledger it is different currencies.
ex 1000 inr 2000 usd 3000 aud you will use same chart of accounts and use differenct currency but you will maintain the consolidation purpose leading ledger and nonleading ledger

Similar Messages

Company code chart of accounts

Hi
can any one of you explain me the procedure to create company code GL accounts and the group GL accounts:
our client scenario is:
he has a 5 different company codes and in those 4 company codes are using one kind of GL accounts and one company code is using different kind of GL accounts.
how to acheive this by using group chart of accounts and company code chart of accounts
explain me the step by step process (dont mind) because iam new to SAP.
thanks in advance
Venkat
Moderator: Please, read SDN rules and search before posting

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

Changing of Operational Chart of accounts

hi,
Recently we have created a new company code and assigned an existing operational chart of accounts of the other Comapany code existing under the group.
Now the client says he does not require all the Gl accounts of that Operational COA.
Can we create new operational COA and assign to the new comapany code, as in the old COA no entries are posted yet.
please suggest.
regards
navuduri

Hi
Reset company code data before changing the chart of accounts
    Message no. FC140
Diagnosis
    You have selected a different chart of accounts for a company code.
    You must, however, reset the company code-specific data for the old
    chart of accounts beforehand.
Procedure
    If you really want to allocate a different chart of accounts to the
    company code, first of all reset the company-code specific data for the
    old chart of accounts.
    First of all you must, if it exists, reset the transaction data for this
    company code.
Finally, carry out the resetting of the company code-dependent G/L
account master data (without the general master data).
Note:
When dealing with large quantities of data, resetting the master data or
transaction data can be very time-consuming. In this case, it is
advisable to schedule the running of these reports as a batch run.
For this use OBR2
Srinivas

Change of Chart of Accounts

Hi SAP Experts
I hereby would like to know what the posibility is to change a company Chart of Accounts.
The company was linked to a Chart of Accounts and operated for couple of months (year). As this Chart of Accounts are also assigned to other company codes, the said company wants it own (new) Chart of Accounts.
Is it possible for a company that was operative to change its Chart of Accounts?
Theo

Hi,
We cannot change simply the Chart of Accounts. There is mandatory process to follow.
If you are trying to change system will prompt you error message, reset the transactionl data.
1. Create a seperate Client with the help of Basis People
2. Copy the Transactional Data in separate client.
3. Now reset the data in Original Client
4. Now change the COA.
5. Now copy/migrate the Transactional Data to Old Client.
Note: Before resetting the data, actual Transactional Data should be copied in to another client without loosing your Business Data.
Thanks
Chandra

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

Alternate Chart of accounts

Hi SAP Gurus,
In a productions environment, we have a requirement as follows:
For the company code in Spain as per the new legal requirement, we need to change the alternate chart of accounts.
The client has many company codes and use Group chart of accounts also.
Is there any specific SAP patch available for this ?

Hi Suresh,
you mean the country chart of accounts assigned to the company code in field T001-KTOP2 (not to mix up with the operational CoA T001-KTOPL).
If you are using a country CoA, field SKB1-ALKT alternative account number in the GL account master record is checked against that CoA. If you want to change it, you may have a current country CoA with plenty of GL accounts, assigned to your operational accounts.
To change the country CoA is an easy task in transaction OBY6. (first you have to create the new CoA, specify at least 1 account group and a retained earnings account for the start).
Then you have to create new accounts in your new CoA (FSP0 only, no FS00 or FSS0).
Finally, and this is the main point, you have to change the current assignments. The issue is that if your have a country CoA assigned to the company code, a change of the alternative account is only possible if the account has no balance. To remove the current balance to another GL and reverse this afterwards is not so easy for some type of accounts (post automatically only, reconciliation accounts, etc.) So you have 2 options for this change:
1. Write a custom ABAP which will update your SKB1 records without checking the balance.
2. Create the country CoA but do NOT assign it to your company code yet. (Remove any existing assignment). Now you can do a mass change using transaction MASS or manually account by account, regardless of the balance. Make sure you enter alternative accounts only that are created in the country CoA.
3. Finally, assign the country CoA to the company code.
After this, the line items posted before the change are not in sync with the master record's alternative accounts (BSEG-LOKKT <> SKB1-ALTKT), but as most standard reports are reading the CURRENT alternative accounts from the master records anyway, that should not be a problem.
Hope that helps, points welcome
Csaba

What is the best practice to create Chart of Accounts

Hi Everyone,
I am new to SAP FI/CO. My question is...which is the best to create chart of accounts? Is it by copying from standard SAP Chart of Accounts (like CAUS) or to create from scratch. Please explain me the reason too.
Thanks in advance,
Sandeep

Hi,
Adding on to the comments made by people, Chart of accounts creation process depends entirely on the requirement of the client's business. Going on with my experience I would suggest first to study the existing chart of accounts from the legacy system of client. Have a discussion on it with FI business process owners regarding removal of some redundant accounts, addition of some new accounts and specifically examine each and every account with in digfferent account groups.
Many a time it happens that people get an GL account created but they seldom use it. The job of a good consultant is to identify such anamolies and get it corrected. I am mentioning below some of the standard ways of creating a chart of accounts and you can use one of the way depending upon your convenience and requirement.
You have various options for creating G/L account master records in the system:
Using a reference- You can copy G/L account master records from an existing company code and then change them.
Use this procedure if you want to use a chart of accounts included in the standard system or if you want to use an existing chart of accounts as a reference. The advantage of using a reference is that the account assignment is also copied. This ensures the integration of General Ledger Accounting with other application components.
Data Transfer Workbench- You can copy G/L account master records from an external system and then change them.Use this method if you have your G/L accounts in a non-SAP system and want to transfer them to your SAP System.
Copy G/L accounts- You can copy G/L account master records by copying a chart of accounts and then the company code.You should only use this method if there is a chart of accounts in your system that exactly meets your requirements. If you need to make changes to the chart of accounts, your should complete this using a reference method.
Create manually- You can create G/L accounts master records by manually creating each individual G/L account.The method is quite time consuming. You should only use it if you are certain that the standard SAP System nor any other system contains a chart of accounts which you could use as a reference.
Hope this helps you. Let me know if you need any other information.
Rgds
Manish

Linking Multiple Group Chart of Accounts

Hello,
Our organizational structure is like
ABC Holding Group
in ABC Holding Group there are several group of companies like AB Group, BF Group etc.
In AB Group, we have 2 companies PERU and JKRY
We have some confusion about the structure of COA in SAP, we are setting Operational Chart of Accounts for PERU and JKRY and will assigned Group chart of Accounts for AB Group then is it possible to assigned AB Group to ABC Holding Group by using ABC Holding group (Group chart of Account)?
ABC Holding Company (Group Chart of Accounts) Assigned AB Group COA
AB Group (Group Chart of Accounts) Assigned PERU and JKRY Operational Chart of Accounts
Thanks,
Abid

Hi Suresh,
Group Chart of Accounts Mainly Used for Consolidation Purpose,
Follow the Following Procedure for Config Group Chart of Accounts,
1) First Create Group Chart of Accounts in T.Code:OB13
2) than Create Create the Operation Chart of Accounts same T.Code: OB13
3) while Creating the Operational Chart of Accounts,
In Consolidation
Group of Chart of Accounts: Here you assign earlier you created Group Chart of Accounts,
4) Than In FSP0 Create the Group Chart of Accounts, this Code you Have to assign while you are Creating the Operational Chart of Accounts

Carried forward Account for Alternative Chart of Account

Hi Experts,
I'm implementing an alternative chart of account for France Company (local chart of account). Now I have to insert the Account related to Carried forward (transaction code OB53). Do you have any suggestion? which is the GL code account?
Another question, must I create the management accounts and I have to associate these accounts in the Operative Chart of accounts?
Thank in advance
Kind Regards
Giampaolo

yes u can do
fist
u can make the entry and blank valuation class and give the gl account in wrx
so that it will take this GL account for blank materia number
or
u cna give valuation class to material group
MM purchasing -- materal master -- Entry Aids for Items Without a Material Master
hope this helps

Set up Company Codes for Contract Accounts Receivable and Payable

HI,
I need clarification on "Set up Company Codes for Contract Accounts Receivable and Payable"
When a company code "ABCD" isn't set up for contract accounts receivable and payable (Menu path:
SAP Insurance -> Collections/Disbursements -> Organizational Units -> Set up Company Codes for Contract Accounts Receivable and Payable), are postings on this company code "ABCD" within FS-CD not allowed and blocked ?
Is it mandetory to specify company codes to post in Contract Accounts Receivable and Payable in SAP FS-CD.

Yes . It is mandatory to extend company code chart of accounts to CA/CR and FSCD.
Srinivas

Group Chart of Account Template

Dear Friends,
I want to create a template for Group Chart of Account, Operating Chart of Account and Company Code Chart of Account.
In that I have a fields related to Operating chart of account only thing is how to find the fields related to Group Chart of account.
I want to use this field to develop a auto creation of GL account.
Please help me to prepare the template related to Group Chart of Account.
Thanks and regards,
Dev Mahendra

Hello,
There are three chart of accounts will be there in the system.
1. Operating Chart of Account - for day to day activities
2. Group Chart of Account - for group reporting
3. Country Chart of Account - for legal reporting in the country
Any chart of account is a chart of account. Every chart of account irrespective of operating or group or country chart of account will have two segments.
1. Chart of Account Segment
2. Company Code Segment
Both the segments can be created through FS00.
You have create a recording through LSMW and create each chart of account.
Refer the following link for LSMW
www.scmexpertonline.com/downloads/SCM_LSMW_StepsOnWeb.doc
Before uploading data thorugh LSMW, create chart of account names in OB13.
If you assign group chart of account to operating chart of account in OB13, Group account field will appear in GL account of operating chart of account.
Regards,
Ravi

How to change chart of account to company code

Dear Guruu2019s
I am new SAP FICO . I got the following thread . I have configured the company code through copy the existing company code. Now I want to change the Chart of Account to this company code. I gone to T code OB62 from position go to my company code I changed the chart of account but while saving the file I got thread u201CReset company code data before changing the chart of accountsu201D
How to go further could anybody explain me.
Thank you in advance
krishna

If you really want to allocate a different chart of accounts to the company code, first of all reset the company-code specific data for the old chart of accounts.
1. First of all you must, if it exists, reset the transaction data for this company code.
2. Finally, carry out the resetting of the company code-dependent G/L account master data (without the general master data).
Note:
When dealing with large quantities of data, resetting the master data or transaction data can be very time-consuming. In this case, it is advisable to schedule the running of these reports as a batch run.

Is It Possible to change Chart of Accounts for Existing Company Code

Hi
Please guide me is it possible to change Chart of Accounts ID for Existing Company Code after posting the Documents
Regards
Sreenivasulu

Hi,
Its not possible once you assinged chart to accounts to a company code.
Regards
udayakumar.k

Reset the company code before changing chart of accounts

i have created a new chart of accounts.
when i m trying to assign to company code i m getting this error.
i tried with OBR1 tcode also but still getting the error.
how to solve this issue..
thanks in advance.

If you are just starting the company code, you may want to delete the company code and recreate it. Then give the new COA. This may take some time, because if when you just create company code there are numerous tables that get updated. You may also want to check the company code.

Is it possible to change the chart of accounts in Oracle Financials?

Dear Colleagues,
Is it possible to change the chart of accounts in Oracle Financials?
Thank you in advance.
Andrey

It is not an easy change. Oracle typically recommends against it but sometimes company structure or processes change so much that you are forced to do it.
Take a look at http://www.vantagesolutions.com/media/SCOUG_May_2004.pdf as well as http://www.erpstuff.com/forums/topic.asp?TOPIC_ID=6381.
If you google "change oracle chart of accounts", you will find some more hits as well. This is a big project.
If you other business reasons to do a reimplementation, then changing COA as part of that will be very easy.
For a lot of companies debating between reimplementation and upgrade, a need to change COA becomes the last straw in favor of reimplementation.
Hope this helps,
Sandeep Gandhi

Change Company Cd-Chart Of Accounts

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