Chart
of accounts is a list of G/L. All G/L will be created with in COA. The chart of accounts must be
assign with each company code,
There
are 3 types of COA.
Operational COA: All the day to day operational
entry posted in operational COA .
Group COA: This COA contains list of all G/L
that are used by entire company. It is
use for consolidation purpose.
Country specific COA: It is use to meet country
specific local legal requirements.
Step -1 Edit Chart of Account List(OB13)
Step -2 Assign Chart of account with company code ( OB62)