Group and cuntry charts of account (COA)
Hello
We have this situation:
Our company (which is part of international group) has two brach officies overbroad. So, we have three company codes (ex. 0001-home company, 0002-1st branch, 0003-2nd branch - one for our home company, other two for branches). We are tempoarily using only one COA from our home company
In this year we will be moving on to international group COA, so we will have country COA for all three company codes (that mean that everyday booking will be on group COA). But how can we achieve to aggregate two branch offices COA with home company COA in balance reports ?
Field alternative account number in fs00 will be used in countries COA to aggreagate at group COA level, but we need to aggregate on home company level too, ex:
0002 - balance reporting only for branch office country
0003 - balance reporting only for branch office country
0001 - balance reporting for 0001 and sum of 0002 and 0003.
Is that even possible ?
Is there any good SAP documention on moving to a new COA ? What should be take care of etc.)
Best regards
Hi,
You can use alternative chart of account in 2 branches (for external reporting) and use unique chart of account for all the 3 company codes.
It will suffice your requirement:-
0002 - balance reporting only for branch office country
0003 - balance reporting only for branch office country
0001 - balance reporting for 0001 and sum of 0002 and 0003
If you want to use different chart of account for all company code than you cannot have cross company code controlling. It is advisable to use country chart of account(Alternative account number in company code) for reporting purpose and better controlling.
P.S.:- The alternative account number is only issued in the financial statement if you explicitly assign it to the relevant items in the financial statement version.
Regards,
Anand Raichura
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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
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Operating chart of accounts
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The assigning of an corporate group chart of accounts to a company code is optional.
Country-specific chart of accounts
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Integration
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Hello friends,
Can anyone throw some light on this pretty small topic?
what is group chart of accounts?
what is the minimum configuration for the same?
i have a small issue..
my client is in US and is using one chat of accounts..and their head office is using a different COA..in Korea
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please tell me some way to do the same..
regardsyou can define alternative chart of account(CoA). And for each account (for ex. US account) you select respective Gl account from the alternative CoA. So when you run most of the reports later, you can choose (there is check-box "Alternative accounts") and this will show you the report with the alternative accounts.
The maintenance of the alternative CoA is the same as normal CoA. The only difference is that you set for each CoA or company code which is the alternatvice CoA. You can have only 1 alternative CoA.
Hopes I helped. (if so... reward my reply)
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Chart of accounts
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For each G/L account, the chart of accounts contains the account number, the account name, and technical information.
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I hope it will help you,
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Edited by: Murali Mohan.Tallapaneni on Jul 24, 2008 10:36 AM -
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www.scmexpertonline.com/downloads/SCM_LSMW_StepsOnWeb.doc
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vamshihi
If you feel this answer solve your query please reward with points.
for this check your company code data in oby6 in this the chart of account what you defined in obd4 assigned that number range or not.
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in fs00. in specified chart of accounts.
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i am using SAP ECC 6.0
in my hierarchy , i follow following menu path for assigning company code to chart of account but there is no option there
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Moderator: Please, avoid asking basic questionsHi,
Financial Accounting (New)-Financial Accounting Global Settings (New)-General Ledger Accounting (New)-Master Data-G/L Accounts-Preparations-Revise Chart of Accounts,Edit Chart of Accounts List,Assign Company Code to Chart of Accounts,Define Account Group,Define Retained Earnings Account
Direct try this Tcode is OB62 or logoff thesap and logon
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Kanike -
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 singhDefinition:
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:
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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 -
Hello SAP Gurus,
I need your valuable suggetions for creating a Globla chart of account for doing reporting in IFRS, US GAAP reporting and Local coutry's reporting.
Current Situation:
Company codes Country Chart of account
0001 A A001
0002 B B001
0003 C C001
0004 D D001
These 4 company codes are in different country and follows different chart of account and based on that they are doing reporting to respective countries. till now theq are not interlinked.
now, for above mentioned reporting purpose, if we create a Global operating chart of account (COA) and assign all the 4 company codes to this Global operating COA, according to me we can do the reporting.
But,
I am not aware about what various detailed steps and procedures involved.
Can anybody who has done this kind of implementation or experience, please suggest me stepwise procedure for this.
Thanks a lot for your cooperation.
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Jigs.Hi Jigs,
.For this particular scenario, we should opt for Group Chart of Accounts.
a)Create one Operative Chart of Accouts (OB13) and asssign this particular operative Chart of accounts to all four Chart of Accounts in Group Chart of accounts field in OB13.
b)You can create Separate Account Groups(OBD4) and reatined earings account(OB53) for this new operative chart of accounts.
c)Create separate G/L Accounts for New Operative Chart of Accounts.(say for example Salary G/L a.c no 4444444)
d) and this new G/L Account to all 4 G/L Salary Master records in Group account No field in Chart of Accounts segment.
in the above we can link for all four chart of accounts to one operative chart of accounts.
the above solution may be valuable to u.
Let me know for better sol.
Thanks & Records.
Kiran Konujula -
Client level , company code level , chart of account level
Hi experts
Pls expline me which are we define under client level , company code level and COA level
like :
1) field status variant:
2) Dunning procedure:
3) document types:
4) doc.number range:
4) posting periods variant
5) controlling area
6) account groups
7) vendor/cust master data
8) dep key
9) chart of dep area
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get points
Geetahi geeta,
ClientA Client is the highest unit within an SAP system and contains Master records and Tables. Data entered at this level are valid for all company code data and organizational structures allowing for data consistency. User access and authorizations are assigned to each client created. Users must specify which client they are working in at the point of logon to the SAP system.
A CompanyA Company is the unit to which your financial statements are created and can have one to many company codes assigned to it. A company is equivalent to your legal business organization. Consolidated financial statements are based on the companyu2019s financial statements. Companies are defined in configuration and assigned to company codes. Each company code must use the same COA( Chart of Accounts) and Fiscal Year. Also note that local currency for the company can be different.
Company CodesCompany Codes are the smallest unit within your organizational structure and is used for internal and external reporting purposes. Company Codes are not optional within SAP and are required to be defined. Financial transactions are viewed at the company code level. Company Codes can be created for any business organization whether national or international. It is recommended that once a Company Code has been defined in Configuration with all the required settings then other company codes later created should be copied from the existing company code. You can then make changes as needed. This reduces repetitive input of information that does not change from company code to company code as well as eliminate the possibility of missed data input.
Business Area Business Area is optional and is equivalent to a specific area of responsibility within your company or business segment. BA (Business Area) also allows for internal and external reporting.
Another configuration requirement for set-up in SAP are the Basic settings consisting of the following:
Chart of Accounts(COA)
Fiscal Year Variants.
Currencies
The COA(Chart of Accounts)
The COA(Chart of Accounts) lists all General Ledger accounts that are used by the organization. It is assigned in configuration to each company code and allows for daily General Ledger postings.
Fiscal Year configuration
Fiscal Year configuration is a must and can be defined to meet your companyu2019s reporting periods whether Fiscal (any period combination that is not calendar) or Calendar( Jan-Dec).
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Rohit Agrawal -
Alt Chart of Accounts: Change of GL Assignment
Hello Experts,
We have implemented Alternate Chart Of Account (CoA). Balances have been posted. Now during the middle of the Fiscal Year, Government has changed the numbering of few of the local chart of account numbers.
SAP gives error message and does not allow to change the Alt G/L assigned in the master data of the main CoA.
Is there any way out to change the G/L assignments, some SAP program to run or likewise?
We don't want to create new G/L accounts in the corporate CoA in this case and redo the new assignment.
Please let me know if you have come across such a situation.
Regards,
Kshitij JHi,
Try this:
remove the COUNTRY COA assigned
replace Alt G/l ...
Again asssign COUNTRY COA
If it helps then pl points as a way to say thanks..
Sudhanshu -
Report for cost centers with alternative chart of account
Hi.
I try to make a report in cost center accounting and in profit center accounting with alternative chart of accounts. We have primary chart of account for 20 companies and alternative chart of account for 1 company. How can I make a report in CO-OM and PC accounting with alternative accouns? Is there any metod? Are on the intrenet somewhere instructions?
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CCA reports are possible only by cost elements (which an have different description from a GL account).
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