Country chart of account to comp code

hi experts
pls tell me wher we can assign country chart of account to comp code..pl
thanks
Hima

Dear Friend,
We assign it in  OBY6
Assign points if useful
regards
Venkatesh

Similar Messages

  • 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

  • Report for country chart of account

    I am trying to run a report which has in the selection screen the option 'chart of account', for example S_ALR_87012277, in order to report it by the 'country chart of account' and the system show me an error 'Company codes and charts of accounts entered are incompatible
    Message no. FR102'.
    This is the country chart of account of the company. I thought it is possible for this kind of report and not only for the balance P&G, because it does not have sense the field in the selections screen if i can not use it.
    Any idea??
    Thanks,
    cecilia

    Hi sandy,
    Thanks for your reply. Yes, I saw this field, the problem is that not all legal reports that can select the chart of account has this flag, for example S_ALR_87099949.
    Thanks,
    Cecilia

  • Country Chart of Accounts

    Hi,
    We have two company codes , one is India and one is in Malaysia which are using the same operational chart of accounts say ABC, when we are posting the transactional data we are using the company code currency.
    In case of country specific reporting since we are posting the transactional date in INR, we can this ABC operational chart of accounts for country specific reporting.
    What is the need of creating a country specific chart of accounts and create GL accounts under country specific and assign it in FS00 under alternative chart of accounts.
    Thanks,

    Hi
    The SAP name for alternate chart of accounts is 'Country Chart of Accounts
    Chart of Accounts According to Country Legislation
    The country chart of accounts represents the account structure prescribed under national regulations.
    Use
    The usage is optional and only necessary where the chart of accounts you are using is not allowed under national regulations.
    ALTERNATIVE CHART OF ACCOUNTS
    Regards

  • Country Chart of Accounts - The need

    Hi Experts,
    It is generally said that Country Chart of Accounts are required to comply with Country legal requirements, but what kind of requirements could those be?
    Some of the things which I could think of are:
    1. Local GL numbering convention is different than the global one (for instance, China/France has this requirement).
    2. More than one Company Code exists for a country and so the Country Chart of ACcounts can be used for consolidating at Country level...this may not be the legal requirement, though.
    Thanks in advance.

    hi Pradeep,
    Country Chart of Accounts is not used for consolidation but in some countries like CHina they have legal requirement, The Govt. will provide the specific format and you need to maintain your books of accounts in that format. All Financial Statement like Balance Sheet and P&L account Govt has given the specific name for each GL accounts, in day to day  practice you may have booked that expence under Production head but as per legal requirement you have to saw under different head.
    thx.
    Ganpat

  • Where we assign operational chart of accounts to country chart of account

    Hi Expert,
    where we assign operational chart of accounts to country chart of account.
    thnx,

    Hello,
    Use T.code OB62.
    SPRO --> Fin. Acc (New) --> Gen Led. --> Master data --> GL --> Prep --> Assing Co. Code to Chart of Accounts.
    Regards,
    Jaymin R. Bhatt

  • Country Chart of Account & Aletnative Account no

    Hi,
    Can you please explain the use of Country Chart of Account & Aletnative Account no by giving real structure?
    Regards,
    Pankaj

    Hi Ravi,
    Thanks for the reply.
    I could interprate your reply in following business scenario, please currect me if i am different.
    Company is US company and its having one company in India 0101
    Company Code: 0101
    Operaive COA: 0101
    Country COA: IN01
    can you please explain me how the accounting posting will hapen in both COA for the company code?
    please let me know if i need to provide more details.
    Thanks & Regards,
    Pankaj.

  • Country chart of account

    Hi experts,
    please tell how to create country chart of account, and how to assign  where do all posting and where we see all transaction and business process, same group chart of account where i have to make ,see all process.
    thanks
    Arti singh

    Definition:
    Country Chart of Account is created similar to operating chart of account in the transaction Code : OB13. It will also have set of Account Groups and GL Accounts created seperately.This is normally created based on the local statutory/reporting requirements and standard operating chart of account is used globally.
    Assignment:
    After creating a Country Chart of Accounts you need to assign the same to a company code at the 'company code Global Data' in the  Country Chart/Accts field.
    Financial Accounting -> Global Parameter for Company Code -> Enter Global Parameter
    Once you do this assignment while creating a Account for the operating chart of account system will prompt you to enter the Alternative Account Number in the Control Data Tab in T.code FS00.
    Note: you can assign one Country COA Account to morethan one Operating COA Account.
    Usage:
    Once you link the operating chart of account and countr chart of account using Alternative Account No. system will allow you see report both at Operating COA and Country COA.

  • Country chart of account report

    hi sap guru's
    what is country chart of account . how to configured the country chart of accounts reports. could u pls anybody explain with the senario. explain the configured steps to country chart of accounts
    regards
    shiva

    Hi,
    you can set 2 COA for one company code. In SPRO Global Parameters for Company Code\ Enter Global Parameters you can set a Chart of Accts and a Country chart/accts. By using the Alternative account number, the connection between the account in the chart of accounts and the account in the country chart of accounts can be set up.
    You set the link between these two COAs at GL account level populating the field "Alternative Account": you need to establish an alternative account of the country COA for the GL Accounts of the COA that you need to map.
    There are several GL reports that can be shown by alternative accounts, mainly P&L, Balance Sheet...
    Please follow these steps:
    1- set Group Chart of Accounts as a COA of the company code. Find the customizing point in my post above.
    2- set Country Chart of Account as a "country COA" at Company Code level. Same customizing point than before. You can use the standard that SAP provides (CAES in case of Spain for example or you can create a new one)
    3- For each GL account you'll need to map at GL Account level in the field "Alternative Account" the corresponding country account.(trx FS00)
    You need to now that users will work everyday in the group COA not in the country specific one, country COA is only for statutory reporting (P&G, Balance Sheet...). They will not have operating reports in country COA and operations will be only in group COA.
    If you want to have all posting valuated not only un EUR but also in USD in case of USA, you will need to set several currencies at company code level also.
    Regards

  • Obyc for country chart of account

    Hi,
    what is setting required for obyc for country chart of account. I have already assigned country chart of account number in operative chart of account- Comapny code section.
    CHEERS

    Dear Nitin,
    You can not assign an 'Alternative Account' of Country Chart of Accounts in OBYC, neither no additional customization settings can be defined in SAP to achieve your requirement.
    Country Chart of Accounts is just for the purpose of drawing a Balance Sheet with reference to Alternative Accounts instead of GL Account from Operating Chart of Accounts.
    As you said, only assignment of Alternative Account in GL Master record is possible, means to say that you are just linking GL and Alt A/c for the above purpose of Balance sheet.
    So whatever postings (say for instance, inventory postings to Stock GL Account) you made via OBYC will not really flow into this Alternative Account and thus no point in talking about displaying this Alt a/c balances.
    Regards
    Mahesh
    Edited by: Mahesh M on Nov 29, 2008 11:20 PM

  • Client level, chart of accounts level, company code level

    Generally what are the areas under client level, chart of accounts level, company code level.
    For Ex. document types are client level, number range company code level
    like the above does we have any list which is falling in the above levels.

    1. Generally during customising when co code data is not asked , then settings are client level.
    Country, Currency, Document types, all variants of diff types, chart of accounts, etc
    2. Every master is having data - General data level (client level) for use by all co codes, Co code data level(basically for accounting purposes) and so on.
    These are applicable to GL, Vendor, Customer, Asset, Matlerials, etc
    For particular application we have more information at another object level also- Vendor- Purchasing, Customer-Sales, materials-Plant- controlling, etc
    3. Chart of accounts level assignments are done for all automatic posting definitions-which is applicable to all company codes which are using same chart of accounts.
    4. In material setting- valuation can be grouping level, co code level or plant level as these are related to costing and product costing.
    Hope the above will give some idea.
    In the above nothing is written about CO as you have not asked-

  • 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

  • Report using Alternate/Country Chart of Accounts

    How can I write a report (in report painter/report writer) using accounts from an alternate/country chart of accounts?    I cannot see "Chart of Accounts" as a selection characteristics in the report libray.
    thank you,
    Lanny

    Hi,
    when working with Report Painter / Report Writer, the first question is which is the summary table of the library you want to create your report in?
    If this is an FI-SL summary table (something beginning usually with ZZ ending with T), then  most probably you only have a chance if that field (i.e, the alternative account number) is one of the characteristics in your ZZ*T summary table. If it is not, you have to write a custom ABAP report based on the summary table, and read the alternative account from the master record. The same is the case if your library is based on table GLT0 (GL balances table in the "classic" GL - NOT newGL).
    Hope that helps, points welcome
    Csaba

  • How to reassign new chart of accounts to company code

    I created company code, assigned fiscal year K4 to 4040 co. code. Later on I created Open/Close Posting period/Assign Company code to Fiscal Year. I prepared new chart of accounts 4040 for Canadian company.
    When I tried to assign 4040 chart of accounts to my company code in Fin Actg Global Settings, I notcied that automaticlly CACA (Chart of accounts Canada was already assigned. I tried to replac CACA by 4040 But error message "Reset company code data before changing the chart of accounts"
    I tried to delete G/L accounts Tnasaction code OBR1 & OBR2 But nothing changed.
    I wish to assignment of chart of accounts in company code in Global settings & wish to re-assign different chart of accounts. I have not created any assignment of company code to controlling area, plant, sales organization, etcu2026 While removing this it says Reset company code data before changing the chart of accounts. Screenshot is attached.
    1)       When I am trying to remove assignment of K4 fiscal year to company code it does not allow me. SO how to solve this problem.
    Should I delete company code & then retry the same?
    Please suggest how to reassign chart of accounts to company code as no data like customer, vendor or sales transaction is made.
    Pl advise solution THANKS

    Hi Paul,
    Thanks for the answer. I have not copy any company code to my co. code 4040. Just as new entry I created 4040 company code. In Org object Check everything about table found OK. No seprate G/L A/C is created by me for co. code 4040
    To see if company code is productive means Active? In "Enter Global Parameter? Tab-->Cost of Sales Accounting ACTV is 2. When I tried to make it Inactive (Blank), it is not allowing me and showing error msg as below.
    You do this in Customizing as follows: Cross-Application Components -> Bank Directory -> Change Message Control.
    I checked this but asking for Application Area to put & I do not know hwat area I should put.
    Am I going right as suggested by you?
    I had deleted G/L accounts earlier but Sales Actg is active so sould not go ahead.
    As per Venkat I had decided to delete company code, But I want to solve without deletion.
    I am SD guy so asking many Qs of FICO as I am learning now.
    Thanks
    Reason why you are not able to delete the assignment is that, you have already created GL accounts for the COA. I hope you have not done any posting using those GL accounts.
    First of all please make that you company code is not set as productive. if set prodictive you will not be able to delete any master data. So please remove the productive check(if any).
    Then you try to delete the GL account that you have created for the COA. once you delete the GL account the system might ask for the deletion of the account group. After that you should be able to change the assignment.

  • Path of assigining chart of accounts to company code

    Hi
    can anyone tell me the path of assigning chart of accounts to company code (t.code OB62) in ECC6.
    thanx in advance

    HI
    The path for assigning the COA to the co code is as follows.
    Financial accounting>>General Ledger accounting>>GL accounts>>Master data>>Preparetions>>Assign Co code to Chart of accounts.
    Hope you will be able to do it now.
    Regards.
    Surendra

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