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ALTERNATIVE CHART OF ACCOUNTS

Dear Experts,

Please help me , what pupose alternative chart of accounts created , were it is created , how to view to take list of alternative chat of accounts

Regards

B

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    author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2009 at 03:00 PM

    The SAP name for alternate chart of accounts is 'Country Chart of Accounts'. Here is the SAP help on country chart of accounts.

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    Chart of Accounts According to Country Legislation

    The country chart of accounts represents the account structure prescribed under national regulations.

    Use

    The usage is optional and only necessary where the chart of accounts you are using is not allowed under national regulations.

    Examples

    You might want to use a standard chart of accounts worldwide. However, the usage of another chart of accounts is required by law in some company codes. By using the Alternative account number, the connection between the account in the worldwide standard chart of accounts and the account in the country chart of accounts can be set up.

    The essential programs in General Ledger can output either the unique worldwide number or the country-specific number and the corresponding text.

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    A chart of accounts becomes an alternate chart when you assign it in the field 'Cty ch/act' to a company code in T Code OB62. Once that is done, you can assign an account from the country chart to an account in the regular chart (assigned to the company code) while maintaining GL account master data. The field is 'Alternative account no.' in the Control Data tab of T Code FS00/FSS0.

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2009 at 02:53 PM

    Hi,

    Chart of accounts are 3 types.

    1. Operative chart of accounts

    2. Country chart of accounts

    3. Group Chart Of accounts.

    Step1: Create Group and Country chart of accounts

    Sep 2: Create Operative chart of account and assign Group chart of accounts in the same screen.

    Step3: When creating GL master in operative chart of accounts you need to metion Alternative Accounts(Country COA GL account) in Control tab

    Operative chart of accounts is nothing but main chart of accounts.

    Regards,

    Venkat

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2009 at 02:56 PM

    Hi.

    Example.

    Your company have some CCs wich use Chart of accounts wich correspont to US GAAP.

    But you need to get report according your country statment. So,you'd to mantain Alternativer account in FS00 for "GAAP" account. And in report(F.01) you can see amount for you country account

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