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Different chart of A/c for different company codes

Hello ,

As per my Knowledge we can have Multiple Chart of account for multiple company . We have 5 company codes ,

2 Company codes are Germany

1 Company code in India

1 Company code in US

1 Company code in Brazil.

1) shall i maintain only one chart of account for all the company codes, if i done like this what will be the advantage and disadvantage?

2) If Suppose shall i use Different Chart of account specific to Country?

3) If suppose i used for two country one chart of a/c and for another two country another chart of a/c.....(total two)

which is the best solution? if you have any different idea let me know.

Thanks

sapman man

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  • Best Answer
    Posted on Aug 23, 2011 at 12:39 PM
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  • author's profile photo Former Member
    Former Member
    Posted on Aug 23, 2011 at 01:01 PM

    Hi,

    Control area is having the authorization to allow the chart of account for a particular company code.

    The company codes are belonging to a particualr Controlling area, definitly they (Company code)are using the same chart of A/C is used by CA.

    defenitly CA (controlling area) has only one chart of A/C. So if you need to maintain the company codes are belonging to different chart of A/Cs, you have to assign them different CAs which have their own chart of A/Cs.

    This is my understanding...

    regards,

    Sathes

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