What is meant by group chart of accounts in sap fico

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chowdary.thakkella

  • Dec 10th, 2006
 

Chart of a/c are creation of account for groups. In accounts groups you can post the all G/L  accounts.

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SATYA VENKATA GOPALA KRISHNA, DURBHA

  • Jan 26th, 2007
 

The group chart of accounts contains the GL accounts that are used by the Corporate group. This allows the company to provide reports for the entire corporate group. However, the assignment of group chart of accounts to company code is optional.

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santosh

  • Feb 20th, 2007
 

in sap fico we have three types of chartof accounts
> group chart of accounts
> country specific chart of accounts
> operative chart of accounts

group chart of accounts

the purpose of GCOA is to consolidate all the company codes balance sheet into one. the main purpose of this one is to external reporting.


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keshav311

  • Jul 5th, 2007
 

group coa isa corporate level gls
basically used at consolidation level these coa will be viewed by the directors of the corporate comapny with diffrent gl numbers
otherthan operative coa and country spcific coa these gl nos should not be over laped

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NAVEEN

  • Nov 25th, 2011
 

group chart of accounts used for consolidation purpose

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