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Former Member

Group Chart and Company code ??

hey,

i was working on 2 company codes with 2 chrts.... Cocd BHEL = Chsrt CHBE

Cocd VBP = Chart RK

group chart is = GROU

now CHBE and RK has elements in it (accounts) and assigned to a company code... what bout GROU... is it mandatory to assign this to any company code ?? how to create accounts in account groups of GROU...???

plz help me...

Bye...

Suresh

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    author's profile photo Former Member
    Former Member
    Posted on Feb 26, 2007 at 01:52 PM

    so, can i think XXX as enterprise level company code ??? n to have these consolidated statements only, is it necessary for an enterprise to maintain a seperate company code ??

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    • Former Member

      Hi

      There i sno need to create company code for XXXX. You can still create G/L accounts in COA XXXX thru t code FSP0 ( at COA level only ) . Now to get group results you will have to create FSV for group COA XXXX.

      Hope this is helpful

      pushkaraj

  • author's profile photo Former Member
    Former Member
    Posted on Feb 26, 2007 at 11:20 AM

    Hi

    Normally following happens

    co code xxxx ( group company code ) COA XXXX

    co code yyyy COA YYYY

    co code zzzz COA YYYY

    Now in COA YYYY we assign group COA XXXX ( t code OB13 )

    GL accounts are created in XXXX thru tcode FS00 and with same t code GL accounts will be created in COA YYYY with group GL account number specified in group account number field.

    In your case assign GROU to CHBE and RK in OB13 and create G/L account in GROU thru tcode FS00. Then create GL accounts in CHBE and RK and assign group GL account number. ( GL created in GROU )

    e.g Rent account in GROU 201000

    Rent account in CHBE 210100

    Rent Account in RK 215000

    So in group account number field , you will mention 201000 for Rent accounts 210100 and 215000.

    By doing this you will get details of Rent account ( 201000 ) for entire group.

    hope this helps

    pushkaraj

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 26, 2007 at 12:44 PM

    thanks for the very livel;y answer... now as u said is that XXXX with a company code... YYYY ZZZZ having their coccds... what about xxxx... there is no company defined with this hart... so, my question is is this group chart f accounts must assigned to a company code ?? (in FS00 it wl ask compnay code rather than chart of accounts... so creating some accounts in XXXX is impossible.. rit ).... now if this XXX is assigned to some X company code.... what this cocd will b called as ?? as i am working on YYY and ZZZ co cd's what is this XXX cocd meant for my enterprise....

    and one more thing is that where i can see the balance of group accounts...

    normally FS10N wl display the balances of accounts related to company codes... like wise where can i view the balances of Group chart of accounts ???

    Hope ur answer wl solve my problem this time...

    Thank You..

    Suresh

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    • Former Member

      Hi,

      XXX COA is usually assigned to the top most holding company/group company at which level the consolidated financial accounts are prepared. you assign all the company codes to a company and the company uses the XXX/Group Chart of Accounts. As the GL Accounts in Opearating COA are linked to Group COA via group account number, results flow to that accounts as well. You do have option of maintaining these Group COA via FS00 or even extracting balances based on Group Company CCodes. You can prepare FSV @ Group COA level.

      Hope this clarifies.

      Rgds.

  • author's profile photo Former Member
    Former Member
    Posted on Feb 27, 2007 at 05:05 AM

    WHWN I AM TRYING TO CREATE IN 'FSP0'.... i am getting an error message that 'No PGROUL statement account type is defined in chart of accounts GROU'... GROU is my chart of accounts...

    can any1 resolve this error... ?

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 27, 2007 at 05:33 AM

    than q pushkaraj... as u said i didnt created retained earnings account..

    now my problem is solved...

    than q all....

    \

    byee...

    Suresh

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 27, 2007 at 05:34 AM

    than q pushkaraj... as u said i didnt created retained earnings account..

    now my problem is solved...

    than q all....

    \

    byee...

    Suresh

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