Chart of FI G/L Accounts List

The basic element of the master data structure in the general ledger accounting (FI-GL) system is the chart of accounts index. You enter all the charts of accounts that you require in your company in this index.

In the FI system, you can use as many charts of accounts as you require within a client. Company codes may have different requirements for grouping a chart of accounts if company codes are from different business sectors or countries, or have a different structure, company size, or legal structure.

However, several company codes can also use a common chart of accounts if a different grouping of the chart of accounts is not required.

You must allocate one chart of accounts to each company code. You therefore need at least one chart of accounts for your company in the system.

The chart of accounts is shared by financial accounting as well as cost/revenue accounting. The items in a chart of accounts can be both expense or revenue accounts in financial accounting and cost or revenue elements in cost/revenue accounting.

For more information on charts of accounts, see:

Specifications in the Chart of Accounts List

Using Several Charts of Accounts

Translating a Chart of Accounts

Changing the Chart of Accounts List