Two Chart Of Account

Dear SAP Gurus,
I am working as a support team member for a company which is having 4 different companies. Previously the implementer has implemented in 2 companies & left away. Now they need 2 implement in other two. The other 2 companies is having different industry nature.
Whether i will use a different chart of account or the same what we are using now to proceed for the implementation.
Thanks in advance.
Satya

Hi Satya,
This is a very big question. It needs to be answered based on what the customer needs rather than what he wants. Try to get correct answers before you proceed. I will give some sample questions.
1. Will a single controlling area be used (If CO module is used)
2. Is legal consolidation required?
3. Are significantly different GL a/c's required?
4. Is the Currency/Language/Country same? etc.
Do not hesitate to ask for further clarifications, reward points if helpful.
Regards,
Siva

Similar Messages

How to do consolidation using two chart accounts with different currencies

Hi
How to do consolidation using two chart accounts with different currencies and do we need to use same fiscal year variant ?
What would be the impossible factors when we use two company codes with two chart of accounts ...
Regards
Kesharika

Good Afternoon
You need to use translationa and/or valuation
translation takes account in foreign currency and translates to group currency
valuation takes account in currency 1 and restates into currency 2 for a company with currency 2
so depends on which company you are consolidating for, a company in a foreign currency in that currency or consolidating a compnay in foreign currency to parent company in another currency

Alternative chart of accounts

Hi Masters,
I have two Chart of Accounts 1) main COA 2) alternative COA
How entry will flow to these 2 a/cs.
Alternatine coa is country speciffic.
regards,
Ani

Dear Michal,
I'm relaxed after looking at your thread related to Alternative Chart of Accounts since I have got into same problem.
NB: Apologies for not opening up a new thread as against forum rules. This is because I may not be able to get Michal's response in time, if I deviate from this thread.
My Client Requirement: In Spain, for the year 2008, the Spanish Chart of Accounts (country COA) has been changed and due to this, we have to change corresponding alternative accounts of several GL accounts (range includes Reconciliation accnouts with Open Item Mgnt, Accounts managed with 'Post Automatically only' and Normal accounts).
Problem is quite obvious that these GL accounts have balances....
Michal,
Can you please forward ABAP code that you have been using to get rid of this situation? I would really be gratefully if you can do this needful.
Regards
Mahesh
Edited by: Mahesh M on Nov 29, 2008 11:15 PM

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

Two company codes using different chart of accounts

Dear SAP FI-CO guru's
There are 2 company code both are using different chart of accounts how we can make consolidation reports for both the company codes ?
thanks in advance
Regards
Guru Prasad

HI,
use group chart of accounts.
Create a group chart of accounts
Give the group chart of accounts no for both the chart of accounts in OB13
give the group account number while creating gl account.

Error in P & L aacounts not in chart of accounts

Hello,
I have maintained account group P & L in my chart of accounts 4040 in SPRO>Financial Accounting>General Ledger accounting>Preparation>Defined Account Group.
When trying to create G/L account FS00 it throws error message
No P4040L statement account type is defined in chart of accounts 4040. This is because I have to create Retained earning s in OBD4. Error is like
"No P&L statement account type is defined in chart of accounts 4040"
Procedure Define a P&L statement account type in chart of accounts 4040
When I have given account group with chart of accounts 4040 why still I am getting this error? Once I deleted entry & added P & L in Chart of accounts 4040.
When I tried to post Retained Earning it requires G/L account. While creating G/L account it says No P4040L statement account type is defined in chart of accounts 404. I have created P & L account in OBD4 Still not able to resolve. Experts please help me. THX.

Hi SAP Expert
I have had similar issue, I have created the account group as well as the chart of account and two earning accounts X and X1 respectively with their GL Account assigned to them with OB53.
But on creating the GL account with FS00,the system is giving me this message
" no ZGALL statement account type is defined in chart of account ZGAL.
I have followed this tread and try to implement it is not working. I later went to OB53 again, the system does not give me access because I have initially created retain earning account.
Could you guys come to my assistance please?

SBO - How to use two different Stock Account within the same Item Group

Hi,
I'm currently stuck within one of my implementation.
I'm deploying the same solution worldwide which worked pretty well until now. All the items are connected to an item group, with a unique GL account, supposed to book at the same time the good receipt and the good issue (Balance-Sheet Account = 14xxxxx).
My new unit is willing to use two different GL accounts when performing its stock entry (let say 14xxx10) and another GL account for the good issue, let say 14xxx20.
Do you have any clue so i can please them and keep using at the same time the item group ?
Thanking you in advance
Stephane

Hi,
In fact, we use the GL account as the HQ Account (Reporting Account) while the "Export Code" will be used to store the local GL Account (greek account).
As such, we can, somehow handle two different chart of accounts.
In my reporting, i'm only using a single GL account for stock movements, while my greek counterparts want to handle two different accounts.
Threfore, i have only two solution since there is normally a one to one relationship between a HQ account and a local account that are :
1 - Duplicate the HQ accounts
In that case, i do respect anytime the one to one relationship. I've got one HQ account for one local account. But how can i put this since i can only handle one single stock account.
2 - I keep my single stock account like this but i won't be managing the possibility to get two different Export Codes.
Regards
Stephane

FI Forex gain loss & Exchange Rate difference on Foreign Currency & Chart of Accounts

Dear All,
I have queries on following :
1) what is difference b/w Forex gain loss account & Exchange Rate difference on Foreign Currency account .
2) Under which Heads in Balance sheet they should come as per Indian Accounting Standards.
3) Are these accounts common for Vendor & customers or different.
4) they record FI data at Company code level or at sub-ledger level first (Vendor /Customer) .
4) Is it advised to use same Chart of Accounts to two companies in same country by using different GL's with different FSV?
Regards
MJ

Hi M J,
Please note the answers below:-
1. It is one and the same thing. When you say forex gain/loss account, it means a GL account and exchnage rate difference means, the difference in rates at which you purchased/sold and the rate at which you made paid/collected.
2. Ask Client where they want to show these GL's in Financial statement Version.
3. The configuration setting is in OB09 and SAP allows you to keep same or diff GL for both realised Exchnage rate gain/loss. It depends on how you want to see. technically it is possible.
4. The Valuation is done at company code level, but individual records are picked up at vendor/customer level. It means that the revaluation gain/loss adjustment is not given to each individual Vendor/Customer, rather it is posted to a GL - Balance Sheet adj.
5. Yes, you can use same chart of accounts and you do not need to create separate GL's at the company code level for two company codes. Same GL's can be used as the posting is made at Co. code level.
Regards,
Kavita
Note : Please raise separate thread for different questions. Your Point No. 5 is not related to the rest.

G/L account 1212 does not exist in chart of accounts INT

Dear Seniors,
While i do stock upload in MB1C using movement type 561, it is giving an error that
G/L account 1212 does not exist in chart of accounts INT
Message no. M7054
Diagnosis
The G/L account entered is not included in the chart of accounts for your company code.
Procedure
If the system has determined the G/L account, the system setting is faulty. Contact your systems administrator.
If you have entered the G/L account yourself, correct the input. Copied from M8043
I have changed the G/L account in OBYC but still this error is coming. what would be the cause and how to solve it ???
Regards,
Jana

Hi ,
To create the account for chart of account INT use tcode FSP0 .
And if you are trying to replace the account with another account check two entries in OBYC
one is in GBB --- give correct combination of valuation modifier , valuation class , use general modifier BSA and your new account
another is in BSX --give correct combination of valuation modifier , valuation class .
If still you are getting error revert back .
Regards,
Anupam

Manual/Autometic creation of cost elements in chart of accounts field

Dear Friends,
While creation of Chart of accounts (OB13) under Controlling Integratiion tab
thers is two options are there.
1 manual creation of cost elements
2 autometic creation of cost elements.
While creation of cost elements if we select
(MANUAL CREATION OF COST ELEMENTS) what will happen???
(AUTOMETIC CREATION OF COST ELEMENTS) what will happen?
What is the main difference between about two fields?
Thanks in advance,
Mallika

Hi,
MANUAL CREATION OF COST ELEMENTS - Cost elements maintained manually. A push button is available for
this purpose, with which you can go directly to the related cost
element.
AUTOMETIC CREATION OF COST ELEMENTS - Cost elements maintained automatically. When you save a new G/L
account, the related cost element is automatically created. A prerequisite is that a default value for the cost element category
has been set up for this cost element. If no default value is found, the system will not create a cost element.
You can make default settings via :
Cost Element accounting --> master data --> cost element --> automatic creation of primary and secondaru cost element --> make default settings
Dhara.

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

GL Account Key displays Chart of accounts concatenated with GL Account

Hi,
When we pull the GL Account Key object into a WEBI report, the Chart of Account value is concatenating with the GL Account number like ABDA/253616. In Bex Query, choosing the Chart of accounts and GL Account in the Analyser gives only the number value of the GL Account 253616.
How do we resolve this issue.
Thanks,
Anu

Hi,
We had a similar problem, and we fixed it by using a variable.
Create a variable (e.g. GL Account) with the following formula:
=tonumber(replace([L01_GL_ACC_Key];"ABDA/";""))
where,
[L01_GL_ACC_Key] = Original Account key with the Chart of Accounts
"ABDA/" The piece of the account that you want removed
The formula will convert your account number to a number by replacing the "ABDA/" with a blank (the "" in the formula)
Note: There is no space between the two quotation marks
You can now use the variable in your report instead of the original account key.
Regards,
Sias

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

Account numbers with unassigned Chart of accounts

Hi..
Records for the cube are coming from R/3 via a program into a table. BW loads the data from the table. In the table there are some records for an account number 40200 which is assigned to Chart of Accounts and some records for the same account number 40200 which is not assigned to Chart of Accounts.
The data was loaded into BW. Now the query shows two records for the same account number.
I want to assign the Chart of accounts to the unassigned ones, in BW, so that the query shows only one record.
Is there a way to fix this issue in BW? Do I need to write some transfer routine?
Thanks,
Sai.

Thanks for the reply. I already tried this out. In the scheduler selection, for the datasource - 0account_text, text attribute for account, I gave in the account number with no selection in chart of accounts and scheduled the package.
It is bringing the texts only for the account number which has chart of accounts assigned to it, not for unassigned ones.
any more suggestions?
thanks...sai.

Change Functional Currency and Charts of Accounts

Hello,
We are planning to change our functinal currency and charts of accounts in two different projects or in one project . How can this affect Purchasing & Inventory modules?

Purchasing module will not be affected except that you need to build new Responsibilities for that specific Organizations.
In Inventory module you will have copy all your items from one org to another (INTRA-ORG TRANSFER).
Rgds,
Jithendra

Two Chart Of Account

Similar Messages

Maybe you are looking for