Group Chart and Company code ??

[Former Member]

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

[Former Member · Accepted solution]

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 ??

[former_member588240 · Accepted solution]

There is no enterprise level company code. For generating consolidated statements, operational Chart is assigned to Group Chart. In other words, company code GL account number is assigned to Group account number. There is no group company code as such. There is "COMPANY" above company code but that is only optional.

[Former Member · Accepted solution]

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

[Former Member]

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

now my problem is solved...

than q all....

\

byee...

Suresh

[Former Member]

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

now my problem is solved...

than q all....

\

byee...

Suresh

[Former Member]

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... ?

[Former Member]

Hi

I am not sure but see if you have created Retained earning account in OB53

pushkaraj

Message was edited by:

pushkaraj kulkarni

[Former Member]

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

[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.

[Former Member]

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