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Oct 22, 2020 at 06:51 AM

CHART OF ACCOUNTS FOR COMPANY WITH BRANCHES IN OTHER COUNTRIES

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Hi all,

Can anyone please help me out with the scenario. I'm junior FICO consultant and I wanted to create a company with branches in other countries just for practice purposes. I've read answers to these kind of questions and most of the answers recommended to create a new company code for each branch because they are in different countries.

But here is the question what type of chart of accounts should I create for all 3 Cocodes considering that I want to use only 1 Controlling area.

Should I do this:

Company code A - operating COA 1000

Company B - operating COA 1000 / alternative COA 2000

Company C - Operating COA 1000 / alternative COA 3000