Alternative chart of accounts

[Former Member]

Hi All,

Please let me know-

1) What is Alternative chart of accounts?

2) What is the purpose? and how is the flow?

3) How it is link to main Chart of Accounts?

Ani

[Former Member]

Hi Anish,

Check these links.

http://www.sap-basis-abap.com/fico/what-is-chart-of-accounts.htm

http://help.sap.com/bestpractices/BBLibrary/Documentation/CoA_ImplTool_BPP_EN.pdf

Hope this helps you.

Regards,

Chandra Sekhar

[Former Member]

Hi Anish,

Plz refer to the link below:

http://www.sap-basis-abap.com/fico/what-is-chart-of-accounts.htm

http://help.sap.com/saphelp_46c/helpdata/en/c7/a88ab243dd11d182b30000e829fbfe/content.htm

http://sap.ittoolbox.com/groups/technical-functional/sap-acct/display-the-alternative-account-number...

With luck,

Pritam.

[Former Member]

hi,

Refer to the thread.

http://e-mory.blogspot.com/2008/02/sap-spro-chart-of-accounts-company-code.html

Regards

Sumit Agarwal

[Former Member]

Chart of accounts is a grouping of GL accounts that used to post transaction from cross modules and FI modules. These can be further used for reporting like Balance Sheet, P&L, and Trial Balance etc...Chart of accounts are usually very specific to an organization and you will not find the same chart of account across two different companies. SAP does give you standard set of accounts that can be used as template but it usually requires detail discussion with accounts so a list can be finalized.

Alternative chart of accounts is secondary grouping of account that is generally used for statuary reporting. For example you might have a company chart of account but due to statutory nature (for countries like Russia and China to name a few), you have to report your account activity in an account range that has been provided by the company stature. In this case you have a primary chart of account as explained above and alternative chart of account. Postings should always be made in the primary chart of account and in the GL account setup these primary accounts should be associated to alternative chart of accounts. This way updates can be made to both primary and alternative chart simultaneously.