Saturday, May 14, 2011

What are the country and operational COA, why do you use the group COA

The operational COA is used for accounting of business transaction for day-to-day activities. It is mandatory for a company code.
The country COA is used for specific legal requirements of each country, it is optional.
The group COA is used for consolidation of company codes
Depending upon the configuration, the same COA may be an operational COA, a country COA, or a group COA.

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