Group account number

[Former Member]

Hi guys...

How to define the Group account number in the Chart of account.

What is the importance of group a/c no in the chart of a/c.

Thanks

vamshi

[Former Member]

I found this in the match code but the question is how to create them

Edited by: aolowu on Apr 19, 2010 9:09 PM

[Former Member]

Group chart of accts relates to FI module.

Assignment for group chart of accounts is made in transaction OB13

You can enter a group account number as additional information in the G/L accounts of the chart of accounts you are using. The system checks whether the group account number exists in the corporate chart of accounts.

Example

If the structure of the chart of accounts is predetermined by national legal requirements, you can define a corporate chart of accounts. All accounts receive a group account number which is the same for all accounts of that particular type in various different charts of accounts

[Lakshmipathi]

Dear vamshi

You can define a financial statement version by assigning the group account numbers to the items. This gives you the option of creating group financial statements.

The group account number allows you to group together all the accounts from different charts of accounts which are to be displayed under a certain financial statement item. Using the group account number therefore assigns a group of accounts to the same item.

The following prerequisites must be fulfilled in order for you to be able to use group account numbers:

• You must define a group chart of accounts containing the required group accounts. These accounts must be created in the chart of accounts area, but not in the company code-specific area.

• In the chart of accounts index, you must enter the required group chart of accounts for each of the individual charts of accounts for which you want to define a common financial statement version.

• You enter the group account number you have selected in the master records of the G/L accounts. By using the same group account number, you group together the accounts you want to display under one particular item.

When assigning the group account number, please note the following:

• Accounts of the same type may be stored under different numbers in different charts of accounts. You can group these accounts together under a single group account number.

• Accounts with the same account number may actually be different types of account in different charts of accounts. You can assign these accounts to different group account numbers.

In the financial statements, the system displays the group account number.

thanks

G. Lakshmipathi