ASSIGN COMPANY CODE TO CHART OF ACCOUNTS

 Assign company code to chart of accounts

After creation of a chart of accounts it is mandatory to assign company code to the chart of accounts. The link established between the company code and chart of accounts through assignment.

[T code - OB62]

PATH:

STEP 1

Enter SPRO in the command field

 

STEP 2

Select SAP Reference IMG

STEP 3

Financial accounting(new) >> general ledger accounting(new) >> master data >> G/L accounts >> preparations >> assign company code to chart of accounts

STEP 4

Select position button

 STEP 5

Select company code from drop down button and press enter

 STEP 6

Select a chart of accounts from the drop-down button.

Select the save button and save in TR.

Questions related to:

1. Why to assign company code to chart of accounts?

It is the link established between the company code and chart of accounts is only through assignment.

2. Is assigning of company code to chart of account is mandatory?

Yes, assigning of company code to chart of account is mandatory because without assigning we are unable to know the prepared chart of account is for which company code.