Define Account Group

Menu Path

IMG -> Financial Accounting -> General Ledger Accounting -> G/L Accounts -> Master Records -> Preparations -> Define Accounts Group.

Transaction Code is OBD4

Since a chart of accounts contains many types of accounts, all these accounts can be dandled into different account groups.

Those accounts which have got similar kinds of business functions can be clubbed together under one account group. For example, one can have an account group for cash accounts, one for expense accounts, one for revenue accounts, and one for other balance sheet accounts, etc.

Moreover we can control the number range and the creation of the GL codes within specified number range.

We can copy from the account group delivered by SAP for INT chart of accounts or we can create new account group required as per customer requirement.

 To copy from other account group we need to mark the chart of accounts in the following manner:

Thereafter click on the copy icon and change the chart of accounts description to USCA.

If you want to create from scratch in SAP you need to click on New Entries and update the following fields.

Click save icon to save entry.

This way Accounts groups are created for chart of accounts USCA in SAP.

Your Ad Here