The chart of account is a variant which contains the structure and the basic information about your general ledger A/cs. Each company code or CC defined in SAP system has to be assigned with an operating chart of accounts (COA) by which posting occur for that company code. COA is a list of all the general ledger A/cs which are defined for recording transactions under a company … [Read more...] about Use of Chart of Account in SAP FI Module
operating chart of accounts
What is Chart of account in SAP FI module – COA
In SAP, a Chart of Account (COA) is defined at the client level. After creating a chart of accounts in SAP, it has to be assigned to a company code. To have better control, all the general ledger accounts are grouped under a chart of accounts. This will help to develop different financial statements for legal reporting. Chart of Account in SAP, is a list of all the … [Read more...] about What is Chart of account in SAP FI module – COA