on 01-07-2009 5:59 AM
Hi Experts,
What is the difference between G/L account and Cost element.
Regards,
Suresh.D,
We can not call it as a difference but G/L account is a FI module entity while cost element is a CO entity w.r.t SAP. In the CO (Controlling) module of SAP, the term Cost Element is used. In the FI(Financial) module, the term G/L Account is used. These terms are used interchangeably for reporting, requisitions, and journal vouchers.
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