CREATION OF CHART OF ACCOUNTS
path: SPRO - Financial accounting- General ledger accounting - GL accounts - Master Data-Preparation - Edit chart of accounts list (TR.CODE.OB13
The other way to give transaction code is from the menu bar -> Select system - Status
Select new entries button.
Chat of accounts :AML
Description :Chart of Accounts for Aravind group
Maintenance language :English
Length of GL account no. :6 (min 6 max 10)
Controlling integration :select manual creation of cost elements
Group chart of accounts :Blank
Under status deselect blocked check box (do not select blocked check box)
Select save button or Ctrl+S
Select your request and press enter to save in your request
Controlling integration: select manual creation of cost elements.
FI (Financials) CO (Controlling)
expenditure
When we past to expenditure accounts in FI it updates, CO automatically provided. We create expenditure accounts as cost elements.
All expenditure accounts need not be cost elements expenditure accounts like interest, Depreciation, Non-operating expenses -will not be consolidated for costing -they are debatable.
Cost elements creation
Manual Automatic
When we select manual, when expenditure account is created and posted in FI, we want that expenditure to update co-create that expenditure account as CO element. If we do not want to update co-records that expenditure create expenditure account only and not to create as cost element -here we have flexibility. If we choose automatic, when we create an expenditure account automatically cost element will be created. When we post to that expenditure account in FI, automatically CO records will be updated-no flexibility.
UNDER STATUS DESLECT BLOCKED CHECK BOX:
Accounts creation is at end user area, users at the time of posting, they will not check whether account is there as not they create new account and post accounts.
We will have number of duplicate accounts in SAP once we create an account and past transaction-IT can not be deleted
In live environment after up leading accounts - select blocked check box. No body can create any account whether original account or duplicate account. When there is a necessity to create a new account an authorized person say accounts manager deselects the blocked check box, create the account and afterwards select blocked check box.
