If you have more than one company code and all the company codes are using different operating chart of accounts (COA) then cross company code controlling will not be possible by using controlling area. To avoid this problem one can use group COA. A group COA is used for consolidation purpose when more than one … Read More » "Group Chart of Account and Country Chart of Account in SAP FI"
In SAP, a Chart of Account (COA) is defined at the client level. After creating, it has to be assigned to a company code. To have a better control in SAP, general ledger Accounts are grouped under a chart of account. This will help to develop different financial statements for legal reporting. COA is a … Read More » "What is Chart of account in SAP FI module – COA"