Use of Different Account Groups?

Hi Gurus,
Please tell me what is the use of making different Accounts groups?
If we make different account groups, what will be the impact in balance sheet?
Please revert asap.
Thank YOu

Hi Gverma,
You can define any number of hierarchical structures of accounts for use in the information system, allocations and planning. These structures are called "account groups". You can create new account groups as well as display or change existing ones. If you want to use the same account groups in Profit Center Accounting that you have already created in Cost Center Accounting, you can copy them to Profit Center Accounting. The same goes for balance sheet account groups that you already created in Financial Accounting.
Each account group is assigned to a chart of accounts. You can only use an account group in multiple controlling areas if those controlling areas use the same chart of accounts.
please also check the  following links:
http://help.sap.com/saphelp_47x200/helpdata/en/53/c98647ca3711d2b494006094b9114a/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/eb/13717743c411d1896f0000e8322d00/frameset.htm

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