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Define Chart of Accounts | OB13

SAP Configuration - Define Chart of Accounts

Chart of Accounts is a structured list of General Ledger (GL) Accounts which we are using to report our ledger postings. For maintaining one controlling area to several company codes it is mandatory that the same Chart of Accounts will be used by all company codes in that controlling area. In this configuration we are defining the main language and the length of the GL accounts.

Transaction: OB13

IMG Path: Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L accounts -> Preparations -> Edit Chart of Accounts List

Table: T004

 

 

When you open the transaction you will see the list of currently available Chart of Accounts. To create new one, click on “New Entries” button.

 

Fill the necessary fields and then click on save button.

 

In most cases you will use “Automatic creation of cost elements” option in the controlling integration drop-down field.

automatic-creation-of-cost-elements-chart-of-accounts

About Emiliyan Tanev

Hello, My name is Emiliyan Tanev. I am SAP BPC Certified Application Associate with a good process understanding of FICO. I am also an experienced accountant and financial controller with 5+ years of diversified responsibilities. I am also a member of Management Accounting Body in the UK - CIMA and CGMA in the US. I love IT and Finance which impacted my career orientation towards SAP FICO and BPC. Follow me and get the latest tips, tricks, tutorials and career guides related to SAP BPC. More about me on My Story.

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