Chart of Account is divided into three Operating, Country or Alternative, Corporate or Group.
Each Company Code must have an Operating Chart of Account in a certain accounting section, and all this company code account will hang under this Operating Chart of Accent. A Operating Chart of Account can hang a few Company Code.
Country or Alternative Chart of Account is used to meet the company's national financial statements normative needs. For a general ledger, it can have another number in Country or Alternative Chart of Account.
Corporate or Group is used to meet the needs of the Group's internal reports, often cross the company code.
Account Group is a domain for each general account. It determines the number range named by the general ledger and the domain that needs to be filled in the creation.
The data distribution of General Account is at two levels, and part is in the Chart of Account level, including the number and description of the general ledger, is the balance sheet or a profit and loss table, and Account Group. This part of the data is shared by the Company Code under this Chart of Account. Part of the COMPANY CODE level, is a more important domain with a general-owned account type is Reconciliation.
Customer Master Record is distributed at two levels, part of the CLIENT level, including some customers contact information, and customer Account Group, Account Group determines whether the customer's account is automatically assigned or external to the account, and the range of accounts The domain required in the main data and whether it is one time customer. This part of the data is shared by the entire group company. Another part is at the Company Code level, including financial data and Sales data.
Vendor Master Record is distributed at two levels, part in the client level, including some supplier contact information, and supplier's Account Group, Account Group determines the supplier's account automatically assigns or external assignments, and The range of accounts, the domains required in the primary data and whether it is One Time Vendor. This part of this data is shared by the entire group company. Another part is at the Company Code level, including financial data and data in purchasing.
Bank Master is mainly configured in the background. Use for House Bank, Vendor or Customer Bank and One Time Account.
Asset Master Record mainly includes Asset Class and Its Reconciliation Account, Assignment to Which Cost Entity, Location and Tax Information.
Cost Element is divided into two primary cost element and secondary cost element. Fi with General Ledger Account to record transactions, and Co is used to record the fee with COST Element. PRIMARY COST ELEMENT must have the same G / L Account, and Secondary Cost Element must have no.
The Cost Center master includes several aspects, corresponding CONTROLLING AREA, corresponding companies Code and Business Area.
INTERNAL ORDER is also a cost object that can collect cost elements, and is equipped with settlement to each Cost Center. The Static model will directly POST directly to the Cost Center. The Profit Center collects Revenue and the corresponding subordinate Cost Center.
