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Former Member
Dec 01, 2008 at 10:06 PM

Country Chart of Accounts - The need

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Hi Experts,

It is generally said that Country Chart of Accounts are required to comply with Country legal requirements, but what kind of requirements could those be?

Some of the things which I could think of are:

1. Local GL numbering convention is different than the global one (for instance, China/France has this requirement).

2. More than one Company Code exists for a country and so the Country Chart of ACcounts can be used for consolidating at Country level...this may not be the legal requirement, though.

Thanks in advance.