SAP Account Group of G/L Accounts - Free SAP FI Training

SAP account groups are used to maintain intervals, segregate G/L accounts groups, and define field statuses. SAP account group has a four-digit ... Skiptocontent Home»SAPFI»SAPFITraining»SAPAccountGroupofG/LAccounts AdvertisementThis tutorialwhichispartofourSAPFIcoursetalksaboutSAPAccountGroupofG/LAccounts inFinancialAccounting.Youwilllearnaboutaccountgroups forG/LaccountsinSAPFI,theirfunctions, andhowtocreateormaintain theminrelevant transaction(s).WewillmentiontheSAPtransactionsandtablesthatarerelatedto thisprocess. SAPaccountgroupsareusedtomaintainintervals,segregateG/Laccountsgroups,anddefinefieldstatuses.SAPaccountgroup hasafour-digitalphanumericcodeandservesfororganizationof G/LaccountmasterdatabasedonspecificationsonhowG/Laccountmasterdatatobedefined.Advertisement SAPaccountgroupcontrolsG/LaccountintervalsandscreenlayoutswhiledefiningorextendingG/Laccountmasterdataatthecompanycodelevel.SAPaccountgroup helpsuserstodefinerequiredfieldswhilecreatingtheG/Laccountmasterdata.Forexample,thefieldsforenteringareconciliationaccountandopenitemmanagementindicatorarenotrequiredforProfitandLossaccounts. Aspertherequirementofthecompany,SAPaccountgroupscanbecreatedandaredefinedatthechartofaccountslevelasexplained below. HowtoCreateSAPAccountGroup? InordertocreateanewSAPaccountgroupormodifytheexistingone,itisnecessarytonavigatetothefollowingpathinSPROtransaction: FinancialAccounting(New)–GeneralLedgerAccounting(New)–MasterData–G/LAccounts-Preparations–DefineAccountGroup. OrdirectlystartthetransactionOBD4(defineSAPaccountgroup)usingthetransactionbar.Advertisement Relevanttable:T077S(G/Laccountgroups). EditSAPAccountGroupsTransaction Intheabovescreenshot1234isthechartofaccountsandAsst,BS,PL,MATandGLareSAPaccountgroups.Herearedetailedexplanationsofmeaningofeachcolumninthistransaction: Chartofaccounts:G/Laccountsaredefinedatthechartofaccountslevel. Accountgroup:Afour-digitidentificationtogroupcertainG/Laccounts. Name:Nametotheaccountgroup.Advertisement Fromaccount:Startingnumberintherangeofaccountsbelongingtoaparticularaccountgroup. Toaccount:Endingnumberintherangeofaccountsbelongingtoaparticularaccountgroup. Aftercreationofaccountgroup,pleaseclickon buttontocustomizehowSAPwilldisplayscreensforcreatingandeditingG/Laccountsbelongingtoaparticularaccountgroup.Wecancontrolappearanceandrequirementsforentryof thefieldsavailablethescreensoftransactionsforeditingG/Laccounts’masterdata.Thisisdonebydefiningfieldstatusesassuppress/required/optional/display.Allthefieldsaredividedintodifferentgroupsasshownonthepictureenclosedbelow. DifferentGroupsinFieldStatus Bydoubleclickingoneach groupwecandefinewhetherthefieldswillbesuppress,required,optionalordisplay. Suppress:FieldisnotvisiblewhilecreatingtheG/Lmasterrecord.Advertisement Required:FieldismandatorywhilecreatingtheG/Lmasterrecord. Optional:Fieldisavailableforentrybutnotmandatorytoupdate. Display:Fieldavailableonlyindisplaymode. Let’sdiscusseachgroupoffieldsonebyone. 1.Accountcontrol Availablefieldsinaccountcontrolgroup.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. AccountControlGroupofFields Currency:G/Laccountcurrency,bydefaultitiscompanycodecurrency,itcanbechangealso. Taxcategory:TomaintaintaxcategoryfortheG/Laccount,sothattax-relatedpostingsarepossiblewhilebookingtransactions. Reconciliationaccount:G/LaccountwhichbemaintainedinthemasterdataofVendor,CustomerandAssetaccounts. Exchangeratedifference:Keyforaccountdeterminationtoperformforeigncurrencyvaluation. Accountmanagedinext.system:Ifthesameaccountisusedinanotherapplication,thenthisfieldstatuswillbedefined. Onlybalanceinlocalcurrency:Toupdateonlyinlocalcurrency. Alternativeaccountnumber:ToupdatecountrychartofaccountsG/Lmasterrecord. Inflationkey:Onlyusefulwheninflationaccountingisusedinfinancialaccounting. Tolerancegroup:Usefultomaintainifanydifferenceraisedwhileclearingofopenitems. 2.AccountManagement Availablefieldsinaccountmanagement.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. AccountManagementGroupofFields Lineitemmanagement:Toactivatelineitemdisplay. Openitemmanagement:Toactivatelineitemsasopenitemstoperformclearing. Sortkey:Sortingthedatawhileexecutionofreports. Authorizationgroup:Tocontrolthroughauthorizationobject. Administrator:Itiscalledaccountingclerk. 3.Documententry Availablefieldsindocumententry.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. DocumentEntryGroupofFields Reconciliationaccountreadyforinput:Toenablethealternativereconciliationchangefunctionality. Fieldstatusgroup:Tomaintainwhichfieldsarerequiredwhilebookingtransactions. Postautomaticallyonly:Torestrictmanualpostings. Supplementautomaticpostings:Toactivatebankchargeswhilepostingincomingpayments. 4.Bank/financialdetails AvailablefieldsinBank/financialdetails.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. Bank/FinancialDetailsGroupofFields Planninglevel:Tocontroldisplayincashmanagement. Commitmentitem:Tobeusedforbudgeting. Relevanttocashflow:Todefineasacashflowaccount. Housebank:Defaulthousebank. Bankaccount:Defaultbankaccount. 5.Interestcalculation AvailablefieldsinInterestcalculation.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. InterestCalculationGroupofFields Interestcalculation:Toactivateorspecifyaccountforinterestcalculation. 6.Jointventure AvailablefieldsinJointventure.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. JointVentureGroupofFields Recoveryindicator:Toallowbookingofincurredcosts. 7.Multicurrencyaccounting AvailablefieldsinMulticurrencyaccounting.ThisgroupcontainsfieldsofcompanycodelevelG/Laccountcreation. MultiCurrencyAccountingGroupofFields Multicurrencyaccounting:Toactivatemulti-currencyaccounting. — Didyoulikethistutorial?Haveanyquestionsorcomments?Wewouldlovetohearyourfeedbackinthecommentssectionbelow. It’dbeabighelpforus,andhopefullyit’ssomethingwecanaddressforyouinimprovementofour freeSAPFI tutorials. Navigation Links Gotonextlesson: SAPFieldStatusVariant Gotopreviouslesson:SAPBalanceSheetandP&LStatementAccounts Gotooverviewofthe course:FreeSAPFITraining PagelastupdatedbyCleoIscoonMarch14,2017 2thoughtson“SAPAccountGroupofG/LAccounts” THISISANOUTSTANDINGARTICLE.THANKINGTHEAUTHORANDTHEENTIRESUPPORTTEAM. Reply Whyarethenumberrangesforaccountgroupallowedtooverlap? Reply LeaveaReplyCancelreplyDoyouhaveaquestionandwantittobeansweredASAP?PostitonourFORUMhere-->SAPFORUM!Youremailaddresswillnotbepublished.Requiredfieldsaremarked*CommentName* Email* Savemyname,email,andwebsiteinthisbrowserforthenexttimeIcomment. Δ Searchfor: Search RecentPosts WhatisRICEFWinSAP? WhatisS/4HANA?–TheLatestERPfromSAP SAPEasyAccess SAPSuperUser SAPSubjectMatterExpert WhatisSAPReconciliationAccount? SAPFunctionalSpecification TypesofSAPProjects SAPBusinessProcessOwner FreeSAPCertification