Asked by: Tejinder Jacobus
asked in category: General Last Updated: 9th March, 2020

What is Chart of Accounts SAP?

In SAP, the Chart of Accounts (COA) is defined at the client level and assigned to each company code. It is a list of General Ledger account's master data that fall under different account groups of a company code. This grouping mechanism helps to develop better financial reports.

Click to see full answer.


In respect to this, what is a chart of accounts and types of COA in SAP?

The chart of accounts ( COA ) is a list of GL accounts master record that are used by the organisation. A chart of accounts must be assigned to each company code. Chart of Accounts is defined at client level. Types of Chart of Accounts are. Operating chart of Accounts.

Secondly, how many chart of accounts are there in SAP FICO? three

Likewise, people ask, what is account group SAP?

Definition. The account group is a summary of accounts based on criteria that effects how master records are created. The account group determines: The number interval from which the account number is selected when a G/L account is created.

What are the 5 types of accounts?

The five account types are: Assets, Liabilities, Equity, Revenue (or Income) and Expenses. To fully understand how to post transactions and read financial reports, we must understand these account types.

37 Related Question Answers Found

What is GL account?

What is standard chart of accounts?

What is chart account example?


What are the different account types in SAP?

What are the types of chart of accounts available?

What is in a chart of accounts?


How is chart of accounts defined?

What is the Tcode for GL chart of accounts list?

What is company code in SAP?


What is SAP client level?

What is the Tcode for chart of accounts in SAP?

What is country chart of accounts in SAP?