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

[suryavarma_co]

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

[suryavarma_co]

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

[former_member183378]

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

[former_member198650]

Hi Surya,

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

Regards,

Mukthar

[suryavarma_co]

Hi Mukthar,

Thanks for the prompt response.

I humbly request you to help me understand better...

1) If i have Country Chart of Accounts, i have to assign this number in the field "Alternative Account Number" in the Co Code Segment of the GL Account created under my Operating Chart of Accounts

So if it is the case, what is the use of extending it to Co Code Segment as Operating Chart of Accounts is extended to my Co Code.

Thanks & Regards

Surya Varma

[former_member198650]

Hi Surya,

You have to extend the CCOA to company code because this settings are available at company code segment of the OCOA. Otherwise it will at chart of segment level.

Regards,

Mukthar