SAP SPRO Chart of Accounts & Company Code

SAP SPRO Chart of Accounts & Company Code

Though you can have multiple Charts of Accounts in SAP,
company codes are assigned to only one chart of accounts.
This is done in configuration (SPRO)
(T-code: OB62 - Assign Company Code -> Chart of Accounts).

T-code: F.10 - Chart of Accounts
Report of accounts in a chart of accounts.
Lots of ways to limit your results, but can’t limit by Company Code!
You will definitely want to limit by chart of accounts.

T-code: OB62 - Assign Company Code -> Chart of Accounts

T-code: OBY2 - Copy Company Code: G/L Accounts
When creating a new Company Code, just assigning it to a
chart of accounts in OB62 doesn’t automatically create those
accounts for the new company code.

i.e. you won’t be able to post any entries until you’ve created the
accounts for the company code.

OBY2 lets you copy all of the accounts that were created for
another company code to your new one.

GL Postings are assigned to only 1 company code
You can do “cross-company code” postings
(i.e. DR CoCde A and CR CoCde B), but SAP will automatically
generate the off-setting entries within each company code so
that their books stay in balance (debits = credits).

There is config around Intra-company postings to determine
where you want those offsets to go.

T-code: FS00 - Edit G/L Account Centrally
This is usually the preferred t-code for manually creating GL
Accounts since it allows you to create both the chart of accounts
piece and the company code pieces.

In FS00, you may need to create an account for multiple company
codes. This can be done by changing the CoCde and using the
“Create with reference button” in FS00.

T-code: FSS0 - Edit Accounts in Company Code
FSS0 allows you to edit just the Company Code (CoCde) portion
of the GL Account.

T-code: FSP0 - Edit Account in Chart of Accounts
FSP0 allows you to edit just the Chart of Accounts portion of the
GL Account.

T-code: CX16
Consolidation Chart of Accounts - Hierarchy Display
CX16 allows you to create/edit financial statement items
(FS Items) and their hierarchy for the Consolidated Chart of
Accounts used in the EC-CS consolidation system.

SAP Create One time Customer

SAP Create One time customer

A one time customer can be created using the standard account group that exists for a 'One Time Customer' in SAP .
One time Customer Account group will be having its own mandatory fields such as Addresses and bank details that are required for a single transaction.

The following is the steps:
SPRO-->Financial Accounting
-->Accounts Receivables and Accounts Payables
-->Customer Accounts-->Master Data
-->Preparations for creating Customer Master Data
-->Click Define Account Groups with Screen Layout
-->Click New Entries -->Check the field One time Account

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SAP FI Create a New Company

To Create a new company on a blank SAP installation in FI.

If the company was already set up and the company numeric codes already created and you may just copy an existing company code to copy an existing company code using transaction EC01.

But if you want to create and setup a new company from scratch from a 'blank sheet' in SAP R/3 and then create the first set of Books.

Go to Tcode OX02
or

SPRO -> Enterprise structure -> Definition -> Financial Accounting -> Edit, copy, delete company code.


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SAP Configure FC valuation

Relevant Customizing for FC Valuation in SPRO -> OB59 & OBA1.
1. Use Tcode OB07 to configure the Exchange rate type,
say B - Bank selling, G - Bank buying & M Average rate.

2. Use Tcode OBBS to maintain a translation ratio for the 2 currency which you want to create, say USD : INR.
Here you will find direct quotation & indirect quotation according to your requirement you need to maintain.

3. Use Tcode OB08 to maintain the Exchange rate, validity period of that exchange rate.

To record the profit & loss gained through the difference in exchange rate, you can do that through the following steps

1.Use Tcode OB59 to configure valuation method, in the screen check the check box valuate all the time & do the remaining settings.

2. create 2 G/L a/c 1 to record profit & other to record loss incurred through exchange rate, that should be auto posting.

3. Use Tcode OBA1 to assign those G/L to automatic posting.
Give your chart of account and 2 G/L you have created.

4. Next use Tcode F.05 to execute the Forex Run.