SAP: Chart of Accounts

"Chart of Accounts" nothing but the list of GL accounts.

Group Chart of Accounts
> must contain all of the group accounts
> must be assigned to each Operation COA
> must enter the group account number in COA level of the GL Master
> must use a Field Status Variant for the Group COA
> DISADVANTAGE – Because company codes use different COA, no inter-company code controlling can be performed

Country Chart of Accounts:
> Alternative to using a group COA
> All company codes use the same Operation COA
> Every country COA can only be used once
> Company Code that nevertheless require a special COA for external reporting have the following option:
i. Country COA is assigned
ii. CCOA number is entered in every CC Segment.
> DISADVANTAGE – Accounting clerks who may be familiar with the CCOA first have to get used to using the OCOA