The ‘Group Chart of Accounts,’ also known as the Corporate Chart of Accounts, is used for consolidating all Company Codes (with a dissimilar Operative Chart of Accounts) falling under a Company. This is the ‘universe’ of all-inclusive GL accounts from where the Operative Chart of Accounts is derived. A Company Code is not mandatory.
How does ‘Group Chart of Accounts’ Differ from ‘Operating Chart of Accounts’?
- September 21, 2022
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