Chart of Account COA

Q&A About SAP FI Chart of Account COA

Q&A
How many chart of account we can used for one company code
Three type of Chat of account we can used for one company code
1-Operation Chart of account
2-Country chart of account
3-Group chart of account we can used in company code

1-operational chat of account is record you daily transactions

2-country chart of account is used for country specific requirement

3-Group chart of account is used when we have two or many legal entities I mean company code and we need consolidation report of all companies combine report.

Company can share chart of accounts
and GL accounts as well if we create gl account at chart of account level we can create gl account at two levels in SAP FI Module we can create chart of account COA, Level then other companies can share gl accounts if they using the same chart of accounts but if we crate gl account at company code level we can used this gl accounts only for that company code where we created

What is Chart of accounts.
Chart of account is list of GL accounts, and creat at client level one client can have many chart of accounts, but one company can have only one operational chart of accounts.
COA segment contains information such as the Account Number, Account Name, and Account Group