Sap charts of account

[Former Member]

Is it necessary to have operational charts of account even though the group charts of account exist n case of cross company code transaction?

[iklovski]

Please, avoid asking interview questions, without making a tiny research on your own.

[venkateshdantham]

Hi Rohith..

YES .....

it is necessary to have operational chart of account. Because all the posting are placed based on the chart of account.

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 operational COA is used by different company codes. Group COA is helpful for internal reporting.

[ignaz_cadalbert]

Hi Rohit

The chart of accounts which is assigned to the company code (t-Code OB62) is your operational chart of accounts. All FI postings are posted to the accounts maintained in this chart of accounts. It means yes, it is mandatory to have an operational chart of accounts.

In addition you can define a group chart of accounts and assign your operational chart of accounts to the group chart of accounts. This however ist not mandatory.

Best regards
Ignaz