CHART OF ACCOUNTS

CHART OF ACCOUNTS:

Company Codes:                                                     AML                ASL                AIL

Option-1

when we want to compare or consolidate                                                                                  

we can have same set of accounts                                                                                 

(chart of accounts) -i.e.,                                                                             

Accounts coding will be same.                                                                            

Conveyance account no.                                       400000           400000           400000

Option-2

Each company code has their on                                                                        

set of accounts conveyance account no.                        400000           400000           400000

Compare or consolidate by using group             400000           300000           200000

Chart of Accounts                                                   

                       

when we create conveyance account no

we use 2 numbers                                                                          

Company code no.                                                  400000           300000           100000

Group no.                                                                  100000           100000           100000

We are comparing or consolidating by using group account number.

Companies following option1

Chart of Accounts name

Description of chart of accounts

Maintenance language English                          

Length of account number most 10 digits (we are using 6 digits)