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Former Member

company codes and controlling areas

Hi Gurus,

i need some clarification on this topics.

for ex:ours is a service consulting company. i have to prepare blue print with 5 cocodes.But the thing is we have cocodes in three different countries.italy(3 cocodes),russia(1 cocode) and france(1 code).so the chart of accounts are different to each other.so i need to took 3 controlling areas.right?and i have to use the funds management area also for these 5 cocodes.later i need to consolidate at cocode level.

one more thing france will be the central point fr all.Means they want regulate allthe things from france.how can we do that?

how can we design this issue in a beeter manner.i am looking for best one.

your help will be appriciate with points.

if you have any blue print template with this model,please send to suitor999@yahoo.com.

thanks in advance

Suresh.

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3 Answers

  • Best Answer
    Nov 13, 2007 at 10:17 AM

    hi Suresh,

    you can set up the same chart of account for each company code (and three country chart of account as alternative for the different countries), so you can have one single controlling area for each company code.

    ec

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    Former Member
    Nov 13, 2007 at 10:26 AM

    Hi Suresh,

    When you create a G/L account it is possible to fill in the field Alternative account number (see the help).

    When you want you can assign this to the countries own chart of account and report on this.

    In this case I advise you to use one chart of accounts and use Alternative account number for reporting by country.

    Now it is possible to use one controling area. This is use-full when you want to make total reports over the company codes.

    In controlling you store document currency, company currency and controlling area currency. It is possible to use paralel currencies.

    When you are doing settlement to an other companie code's it will create an inter company posting. But it is possible with the exchange rates that you have results you don't want

    Paul

    Alternative account number in company code

    The alternative account number field in the company code area is freely definable. You could use it to enter:

    the account number from your legacy system or

    the account number from a country chart of accounts if your corporate group uses a standard chart of accounts.

    The alternative account number is only issued in the financial statement if you explicitly assign it to the relevant items in the financial statement version.

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    • Former Member Former Member

      Hi Suresh,

      In case of Chart of account You have to use diff COA country wise because of the leagal requirement. You can use the fuctionality of Group chart of account or country chart of account.

      JS

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    Former Member
    Nov 16, 2007 at 09:00 AM

    THANKING YOU VERY MUCH GUYZ

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