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.

Similar Messages

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

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 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

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 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

Country chart of accounts mapping to operational chart of accounts

Hi All,
We intend to use country specific chart of accounts to one of our company code along with operational chart of accounts. We try to map 1 operational G/L account to a group of country G/L accounts, system not allowing doing this, understanding it allows only 1:1 mapping.
Is there any work around to achieve this?
Requirement at country COA level, G/L accounts should be created and reported by Department: e.g.
Salary u2013 Finance u2013 600100
Salary u2013 R/D u2013 600110
Salary u2013 Marketing u2013 600120
The same way for couple of P&L accounts to be created, but in operational COA we do have only one expense or revenue account these are used across the globe (all company codes).
I heard that, it is possible in SPECIAL PURPOSE LEDGER, creating new ledger and assigning the country specific chart of accounts, inputting some validation to achieve this purpose.
Simulating the purpose, with an example; during posting, where Operational COA G/L ACCOUNT equals to specific COST CENTER check FUNCTIONAL AREA and pick the appropriate country COA G/L ACCOUNT .
Substitution for Validation; Functional Area = Country Specific G/L Account
Currently Iu2019m using the mySAP and using New G/L (not document split), would like to achieve the Special Purpose Ledger functionality by creating a new ledger type in New G/L to map country specific chart of accounts to operational chart of accounts (N:1).
Please share any other alternatives avail to achieve this.
The reports are needed by functional area,
Balance sheet by functional area G/L accounts (country specific COA)
(Figured some difficulty to assign functional area to G/L accounts, though I have cost of sales accounting is activated)
T/B by functional area G/L accounts (country specific COA)
Journals by functional area G/L accounts (country specific COA)
Document line items by functional area G/L accounts (country specific COA)
Please try to share you thoughts and advice on this.
Thanks.
Vyas

Dear Vyas,
We have similar requirement as yours
Requirement at country COA level, G/L accounts should be created and reported by Department: e.g.
Salary u2013 Finance u2013 600100
Salary u2013 R/D u2013 600110
Salary u2013 Marketing u2013 600120
I would like to know how are u handling this situation.
Thanks and Regards
Anil

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

How to integrate operating charts of account to country and group coa

Hi Sap gurus,
How to integrate operating chart of account to country and group chart of account
Regards,
Rajesh

First create the country chart in OB13 and assign the same to OB62.
Then for each operational chart of account, enter the country chart of account in FS00 and this will be captured in field Alternate account number.
The relationship between operational to country chart of a/c is 1:1.

FR102- co.code & chart of accounts are incompatible

Dear All
One of Co.Codes is using country chart of accounts .
While executing Financial Statements report with country chart of accounts, I am getting the error messageu2026FR102- Co.Code & chart of accounts are incompatible.
I assigned country Chart of accounts in OB62 and OBY6.
Please provide me the solution....
Thanks,
Laxman

Hi,
When you run the financial statement report (RFBILA00), you need to specify your COA in the field *Country Specific Chart of
Accounts* on the selection screen.
Enter the below:-
- company code
- financial statement version
- reporting year and periods
- click the checkbox next to 'Alternative account number'
- do not enter any chart of accounts
If in the specified 'financial statement version' the alternative chart of accounts with alternative account number is assigned to
the fin.statement items this procedure should work. Refer the below OSS note 48495:-
[https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=48495]
Regards,
Gaurav

Country chart of account

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