What Is Chart Of Accounts In Sap
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What Is Chart Of Accounts In Sap
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What Is Chart Of Accounts In SAP How To Create COA In SAP
The chart of accounts in SAP is a group of GL Accounts that controls the name of the General GL Master the number of GL Master and some control information In other words the grouping of G L accounts forms the framework for recording accounting transactions in a structured way A chart of accounts is a structure containing the G/L accounts used by one or more company codes. For each G/L account, the chart of accounts shows the account number, the account name, and information that determines the function of the account and that controls how the account is created in the company code and in the controlling.
Group Chart Of Accounts In Sap Fico Chart Walls
What Is Chart Of Accounts In SapThe chart of account (CoA) is one of the most important structures in business. It reflects all the activities a business is involved in and it provides a foundation for the majority of financial and management reporting. Correct use of the chart of accounts can both simplify operations and improve decision making capability. A chart of accounts COA is a structure containing the G L accounts used by one or more company codes For each G L account the chart of accounts shows the account number the account name and information that determines the function of the account and in the case of the operating chart of accounts how the account is created in the
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