Skip to Content

[FI-GL] Will Country Chart of Accounts be extended to Co Code Level

Dear All,

I am working on a POC and would like to use Country Chart of Accounts. I would like to know if GL Accounts in the Country Level Chart of Accounts be extended to Co Code Level(FSS0) or will be created at Chart of Accounts Level only (FSP0)

Thanks & Regards

Surya Varma

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

3 Answers

  • Posted on Dec 02, 2014 at 10:45 AM

    Hi Surya,

    You have to create at chart of account level as well as at company code level also.

    Regards,

    Mukthar

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Dec 03, 2014 at 10:52 AM

    Hello Surya,

    Yes, you have to extend GL accounts created country level chart of accounts to company code level else these GLs are not available under that company code level.

    For E.g.:- A company using one GL account but another company will not be able to post to that account unless it exists in that company code. We have 1000 GL accounts in country chart of accounts but all these GLs are not using in all company codes. According to the usage of that company code we are using the relevant GL accounts so in order to use that we have to extend these GLs under company code level. In FSP0 we have general data which is not specific according to the company code wise. 111111 GL account is available in Country chart of accounts but this GL acc using in AAAA co.code in CNY currency but in BBBB Co.code we are using the same with USD currency. You can find these company code specific details in control data tab in FS00 T code.

    I hope it clears all your doubts else revert us with your query.

    Thanks & Regards,

    Lakshmi S

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Dec 11, 2014 at 04:24 AM

    Hi Mukthar Ali and Lakshmi,

    I have checked the settings in the IDES System and in that the GL Accounts in Country COA are created at COA Level only. Hence, we decided not to extend the Country COA GL's to Co Code Segment. Will update this post incase i encounter any head winds.

    Thank you for your responses.

    Best Regards

    Surya

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.