What is the need of Account Groups when there are already account types (AKDMS) present in SAP Standard System?

[Former Member]

I am fairly new to SAP FICO.... I had this query.... What is the need of Account Groups when there are already account types (AKDMS) present in SAP Standard System?

[Former Member · Accepted solution]

Hi,

Account type is denoted by a 1 character code such as follows:

A- Assets

D-Customer

K-Vendor

M-Materials

S-General Ledger

These account types, are linked with document types.

Document Types	Description
SA	GL Document
KR	Vendor Invoice
KN	Vendor Invoice - Net
KA	Vendor Document
DA	Customer Document
DR	Customer Invoice
AA	Asset Accounting Doc
AF	Depreciation Postings
AB	Accounting Document (generally used for clearing or reversing)
RE	Vendor Invoice (Thru Logistics Invoice Verification)
WA	Goods Issue
WE	Goods Receipt
ZA	Payment Document

Account groups are to Group similar GL Accounts.

For Example, B/S account group,P/L Account group, Assets Account Group, Assets account group.

Through Account group you can control No.Ranges for particular Group and Fields for Master data .

• the interval in which the account number must be

• which fields are required and optional entries when creating and changing master records

• which fields are suppressed when creating and changing master data.

It enables you to control the layout of screens.

I hope will help you.

Regars