Customer Account Groups in SAP are created to use in both SD and Financial Accounting module.
SAP delivers different types of default customer account groups to have the flexibility of creating your own group either as a new entry or by copying an existing master data.
By default there are SAP Standard delivered customer account groups for your use. Based on your specific requirements in SAP, you also have the flexibility of creating your own.
There are four Standard customer account group that most of the organizations are creating;
- Sold to Party
- Ship to Party
- Bill to Party
These customer Account groups are used to control different fields of customer master record.
Creation of Customer Master in SAP
Customer Master is created by using two Transaction codes. One transaction code is XD01 through which you can create customer master with sales view and the other transaction code is FD01 where we create customer master with FI view.
The concept of vendor account group and general ledger account groups is similar to customer account Group. The only difference between these groups is that these are created from different transaction codes.