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
Similar Messages
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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 -
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 -
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.
CHEERSDear 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 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,
NicoleHi 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 -
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.
VyasDear 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 -
There is no item category assigned to account 56010/ABC1(Chart of Accounts)
Hi Gurus,
I have activated the document splitting in the system and while posting a document the system showing the error No item Category could be determined for account 56010 in chart of accounts ABC1 and showing to assign item category
what it mean exactly, where to assign item category
what are the adavnatge by using this
regardsPlease check in SM30 your implementing team must have created a Z Table to update the GL Account against Item Categor along with the material code.
u have to maintain there.
Regards,
Alok -
Where to assign GL Account to cost center?
Hello Friends,
Actually in MIGO T.C , I am issuing the material against the cost center.Now in MIGO T.C , in Account Assignment tab i give the cost center and other requied data and save.And in display mode when i check that document than by default system takes the GL Account.Now my question is where we assign the G/L Account to cost center?In FS00 T.C i checked in Edit cost element for that account, there in Default account assignment , no cost center is maintained.So from where system is picking this G/L Account?
Thanks and Regards,
Jitendra Dilip ChauhanHi Jitendra,
This setting is made in OBYC. This actually MM & FI integration.
You check this in OBYC.
1.First check your valuation class in material master.
2.Then goto OBYC.
3. Double click on GBB transaction key
4.This will pop up chart of account.Maintain chart of account & enter.
5.Here you will see that GL account for combination of Genral modification VBR & Valuation class.
VBR: for internal goods issues (for example, for cost center)
That means whenever you do Goods issue of material for cost center which having same valuation class,this GL account will be automatically assigned.
Hope this clear you.
Regards,
Raja.
Edited by: Raja on May 8, 2009 9:46 AM -
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,
RajeshFirst 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. -
Where to assign the G/L Account to Material Group in SPRO
Hi,
Can someone tell the node in SPRO, where G/L Account is assigned to the Material Group in case of PO being created withourt Material Master?
Regards.Hi,
You can not link G/L Account to the Material Group directly.
Use T.code:OMQW and assign Materil Group with Valuation Class and then use account determination process,where you can assign G/L to Valuation Class .
Regards,
Biju K -
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:
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. -
How to link operative chart of a/c, group chart of a/c to country specific
how we link operative chart of accounts,group chart of accounts to country specific chart of accounts.
how to maintain account groups and accounts to get consolidated report.Group chart of account is used for reporting purpose only.
business senario
your organization is spread into different countries where by they are legally bound to submitt account at a very detailed level but in other country it may be at a different pattern. what you can do is assign different operational chart of account to each company code (legal requirement) and assign all of those operational chart of accounts to a group chart of account i.e how your organization wants to see the accounts. by doing this you can have the report the way you want them to be regardless what operational chart of account the company code is using
example
your group company want to see salary at A01101 Employee related expenses
in Asian specific breakup is to be made at 11000 salary
12000 allowances
in other countries detail is to be given at 11001 Salary officeres
11002 Salary Staff
in this case you can create 2 different operational chart of accounts for asia and other countries and than assign the same operational chart of account to your main chart of account
remember the group chart of account has to be created as normal chart of accounts
than assign each GL code to group account no
as far as the alternative no is concerned they can only be used for reporting purpose and alternate no helps the user to find the new GL code -
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
HimaDear Friend,
We assign it in OBY6
Assign points if useful
regards
Venkatesh -
Assignment Operation failed....
Hi All,
I have an assignment expression created with the field "Name" which if is null ie no value at all,then should load a default value from the lookup table
I have the assignment defined as follows
If(Is_Null(Name),Name[3])
where Name[3] is a value from a lookup table.
When i execute the above assignment it fails as "Assignment Operation failed. I tried with "If then else " statement as follows and it too fails when i execute the assignment
If(Is_Null(Name),Name[3],Name)
where Name[3] is a value from a lookup table.
Any Help greatly appreciated
Thanks,
AravindHi,
Check this out
IF(IS_NULL(Name),Account Group [ABC])
Above Assignment will be valid only if this Assignment is on look field Account Group and Name is the text field.
For getting value from the lookup table position the cursor accordingly in the expression and select the Lookup table from the Lookups.Once you will select the lookup table you will get the list of values present in that table.There you can select the value you want to populate.
Regards,
Jitesh Talreja -
Team,
I got an error while creating a User for Domain Account. Below is the screen shot of the error (error : 15401)
Database instance is on SQL 2000 SP3. ( I know it is out of support, But the customer is relutanct to upgrade)
On Google search, i found below article which is best matching for this error
http://support.microsoft.com/kb/324321
I have follows each step of troubleshooting. But still the issue persists.
Step 1. The login does not exist == The login is very much exist in the domain as i am able to add the same domain id to other database instances
Step 2. Duplicate security identifiers == i have used this query to find duplicate SID
/* SELECT name FROM syslogins WHERE sid = SUSER_SID ('YourDomain\YourLogin') */
But there was only one row returned with create date of today's.
Error while Assigning database level role (db_datareader) to SQL login (Domain Account)
Step 3. Authentication failure == Domain is available. User is able to login on other servers via RDP connection.
Step 4. Case sensitivity == Database collation is set to Case insensitivity. (CI)
Other two 5. Local Accounts & 6. Name resolution == is not applicable to me.
I tried other ways also.
A. Creating login and providing permission in one go only = User account is not created
B. Instead of GUI, use query to create login and provide required permission = Same error.
Does anybody has faced any such situation
ChetanSee the below output
srvid
sid
xstatus
xdate1
xdate2
name
password
dbid
language
isrpcinmap
ishqoutmap
selfoutmap
NULL
0x010500000000000515000000A1F66E1BFC1DC75D26E72530A2B80400
14
20:25.9
57:33.4
UKBAA\LHRAPPMuttavarapuS
NULL
1
us_english
0
0
0
Chetan
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