Multiple chart of accounts on single company code

[former_member226856]

Is it possible to assign more than one chrt of account to one company code.

Regards,

VM

[sanju_ms · Accepted solution]

Dear VM,

Charts of accounts can have three different functions in the system:

Operating chart of accounts

The operating chart of accounts contains the G/L accounts that you use for posting in your company code during daily activities. Financial Accounting and Controlling both use this chart of accounts.

You have to assign an operating chart of accounts to a company code.

Group chart of accounts

The group chart of accounts contains the G/L accounts that are used by the entire corporate group. This allows the company to provide reports for the entire corporate group.

The assigning of an corporate group chart of accounts to a company code is optional.

Country-specific chart of accounts

The country-specific chart of accounts contains the G/L accounts needed to meet the country's legal requirements. This allows you to provide statements for the country's legal requirements.

The assigning of an country-specific chart of accounts to a company code is optional.

If the individual company codes need different charts of accounts, you can assign up to two charts of accounts in addition to the operating chart of accounts

Regards,

Sanju

[Former Member]

Hi

1 Chart of Accounts can be assigned to many Company Codes and 1Company Code can have only 1 Chart of Accounts assigned to it.

Regards

Venkat

[former_member207607]

Dear,

No, each Company Code has only one Chart of Accounts (transaction OBY6), but more Company Codes can have the same Chart of Accounts.

I hope this helps You.

Mauri

[Former Member]

Hi,

You can assign at the most two chart of accounts to one company code.

1. Operational Chart of accounts.

2. Country chart of accounts

Country chart of accounts is used to meet country specific requirement and it is assigned in company code using transaction OBY6..

Regards,

Chintan Joshi.