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Reply from VidhyaDhar on Oct 15 at 4:17 AM Hi Ranadheer,
Though you are correct in saying that one chart ( called the operating
chart of accounts ) is used by a company code for booking day to
operations, it is also possible for the company code to optionally use
two more charts of accounts such as:
Group chart of accounts ( for consolidating data from company code(s)
and reporting at Company level using group account numbers and
Country Specific Chart of Accounts for meeting country specific
reporting requirements ( and such chart of accounts usually turns out
to be a subset of the operating chart of accounts and the account
numbers used here are called alternative account numbers).
Regards,
VidhyaDhar
| | | ---------------Original Message---------------
From: ranadheer_7
Sent: Monday, October 15, 2012 2:55 AM
Subject: Automatic Account Dertermination
A company code can be assigned to only one chart of account for carrying daily day-to-day operation it is called as operating chart of accounts. You can't assign more than one chart of account for company code. |
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