Customer Account Groups in SAP are created for both SD and Financial Accounting modules.
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.
Based on your specific requirements, you also have the flexibility of creating your own.
Here are four standard customer account group that most of the organizations are creating;
- Sold to Party
- Ship to Party
- Payer
- Bill to Party
These are used to control different fields of master records.
Creation of Master Data in SAP
Customer Master is created by using two Transaction codes. One transaction code is XD01 through which you can create the master with sales view and the other transaction code is FD01, used to create master record 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.
Note: SAP and SAP logo is a registered trademark of SAP AG in Germany and in several other countries. We are not affiliated or related to any division or subsidiary of SAP AG.