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What is the need of Account Groups when there are already account types (AKDMS) present in SAP Standard System?

Former Member
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364

I am fairly new to SAP FICO.... I had this query.... What is the need of Account Groups when there are already account types (AKDMS) present in SAP Standard System?

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi,

Account type is denoted by a 1 character code such as follows:

A- Assets

D-Customer

K-Vendor

M-Materials

S-General Ledger

These account types, are linked with document types.

Document TypesDescription
SAGL Document
KRVendor Invoice
KNVendor Invoice - Net
KAVendor Document
DACustomer Document
DRCustomer Invoice
AAAsset Accounting Doc
AFDepreciation Postings
ABAccounting Document (generally used for clearing or reversing)
REVendor Invoice (Thru Logistics Invoice Verification)
WAGoods Issue
WEGoods Receipt
ZAPayment Document

Account groups are to Group similar GL Accounts.

For Example, B/S account group,P/L Account group, Assets Account Group, Assets account group.

Through Account group you can control No.Ranges for particular Group and Fields for Master data .

  • the interval in which the account number must be
  • which fields are required and optional entries when creating and changing master records
  • which fields are suppressed when creating and changing master data.

It enables you to control the layout of screens.

I hope will help you.

Regars

Answers (0)