Define Account Group in SAP - Tutorial Kart

The account groups in SAP specifies: The account number rage interval from which the account number is selected when you are creating general ledger master ... SAPFICOTrainingSAPFICOTutorialsSAPFICO-IntroductionSAPFinancialAccountingWhatisSAPFICOWhatisclientinSAPSAPFICO-EnterpriseStructureDefineCompanyinSAPDefineCompanyCodeinSAPAssigncompanycodetocompanyinSAPDefinebusinessareaandconsolidationbusinessareainSAPAssignbusinessareatoconsolidatedbusinessareainSAPDefinecreditcontrolareainSAPAssigncompanycodetocreditcontrolareainSAPDefinefunctionalareainSAPMaintainFinancialManagementAreainSAPAssignfinancialmanagementareatocompanycodeinSAPHowtocreatesegmentsinSAPSAPFICO-GlobalParametersWhatisChartofaccountsandhowtocreateCOAinSAP?AssigncompanycodetochartofaccountsWhatisFiscalyearinSAP?HowtomaintainfiscalyearvariantAssigncompanycodetofiscalyearvariantDefineaccountgroupinSAPDefineretainedearningsaccountDefinepostingperiodvariant(PPV)AssignvariantstocompanycodeinSAPOpenandclosingpostingperiodvariantsDefinefieldstatusvariantandfieldstatusgroupsinFICOAssigncompanycodetofieldstatusvariantDefineTolerancegroupforG/LaccountsDefineTolerancegroupforemployeesCheckcompanycodeglobalparametersSAPFICO-ForeignCurrencyTransactionsCheckexchangeratetypesDefinetranslationratiosforcurrencytranslationHowtomaintainexchangeratesinSAPDefineaccountsforexchangeratedifferencesDefineforeigncurrencyvaluationmethodsDefineaccountingprinciplesandassigntoledgergroupDefinevaluationareasandassigntoaccountingprinciplesSAPFICO-NewG/LAccountingHowtoactivatenewG/Laccounting?DefineledgersforgeneralledgeraccountingDefinecurrenciesforleadingcurrencyDefine&ActivateNon-LeadingLedgersDefineZero-balanceclearingaccountDefineinterestcalculationtypesDefineinterestindicatorSAPFICO-AccountsReceivableDefineaccountgroupforcustomersMaintainnumberrangesforcustomeraccountgroupsAssignnumberrangestocustomeraccountgroupsDefineriskcategoriesDefinetolerancegroupforCustomersCreatesundrydebtorsaccountsDefineCustomerMasterRecordSAPFICO-AccountsPayableWhatisAccountsPayableinSAP?DefinevendoraccountgroupsMaintainnumberrangeintervalsforvendoraccountsAssignnumberrangestovendoraccountgroupsCreatepaymenttermsDefineaccountsforcashdiscounttakenDefineVendorreconciliationaccountCreatevendorcodeSAPFICO-TaxonSalesandPurchasesWhatisSalestaxandPurchasetaxinSAP?DefinetaxcalculationproceduresAssigncountrytocalculationprocedureAssigntaxcodesfornontaxabletransactionsMaintaintaxcodesforsalesandpurchasesDefinetaxaccountsinSAPSAPFICO-BankAccountingWhatisBankAccountinginSAP?DefinebankkeyDefinehousebankinSAPCreatechecklotsAutomaticpaymentprogramSAPFICO-AssetAccountingWhatisAssetAccountinginSAP?DefineChartofDepreciationAssignchartofdepreciationtocompanycodeSpecifyAccountDeterminationNumberrangeintervalsforAssetsMaintainAssetClassesDefinetaxaccountsinSAPSAPControllingTrainingSAPCOTutorialsSAPTCodesSAPTCodesSAPFITCodesWhatisAccountGroupinSAPAnaccountgroupisasegregatingorgroupingthesimilaraccountsintosinglegroup.EachaccountgroupinSAPisassignedtoachartofaccounts,soyoucanonlyuseaccountgroupifthecontrollingareasusethesamechartofaccounts.TheaccountgroupsinSAPspecifies:Theaccountnumberrageintervalfromwhichtheaccountnumberisselectedwhenyouarecreatinggeneralledgermasterrecord.WhyAccountGroupIfyouwanttocheckcurrentassetbalancesorprepareP&Laccounts,Balancesheets,youneedtoverifyeachandeveryaccountandthenyouneedtoaddandassigntotheirrespectiveaccounts.Thisprocessmaytakelotoftime.SotoovercomethisissuesSAPhashasprovidedaccountgroups.Withinaccountgroupyoucanprepareaccountswithinnumberrange.Forexampleyoucanpreparecashaccountswithanyaccountnumberforcurrentassetsnumberrange200000-200099.InRealtimebusinessscenario,wesuggestAllLiabilitiesaccountstostartwith1series.AllAssetaccountstostartwith 2series.Allincomeaccountstostartwith3series.AllExpenditureaccountstostartwith4series.Whyweneedtofollowaccountswithinseries–Whentheuserpostingtosalariesaccount,whichisanexpenditureaccount.Atthetimeofpostingwhenhegive*4,onlyexpenditureaccountsappearsinthelist.Inthisconfigurationwearegoingtodefinethefollowingaccountgroups.Chrt/AcctsAcctGroupNameFromAcctToaccountTKCASCPLShareCapital100000100099TKCARSPLReserves&Surplus100100100199TKCAACBLAccumulatedDepreciation100200100299TKCASCLNSecuredLoans100300100399TKCAUNSLUnsecuredLoans100400100499TKCACLPRCurrentLiabilities&Prov100500100599TKCAFASTFixedAssets200000200099TKCACASTCurrentAssets,Loans&Adv200100200199TKCASALESales300000300099TKCAOTHROtherIncome300100300199TKCAINCRIncrease/DecreaseinStock300200300299TKCARMCNRawMaterialConsumption400000400099TKCAPRSNPersonnelCost400100400199TKCAMFRGManufacturingcost400200400299TKCAADMNAdministrationcost400300400399TKCAINTRInterest400400400499TKCADEPRDepreciation400500400599HowtocreateAccountGroupinSAPYoucandefineaccountgroupsinSAPbyusingoneofthefollowingnavigationmethodTransactioncode:–OBD4MenuPath:–SPRO–FinancialAccounting–GeneralLedgerAccounting—G/LAccounts—MasterData—Preparations—DefineAccountGroup.Step1)EnterTCode“OBD4”intheSAPcommandfieldandenter.Step2)Onchangeview“G/LAccountGroups”overviewscreen,clickonnewentriestomaintaintheaccounts.Step3)Onnewentriesaccountgroupscreen,updatethefollowingdetails.Chrt/Accts:–GivethechartofaccountskeyforwhichyouarecreatingaccountgroupinSAP.AcctGroup:–Entertheaccountgroupkey,youareallowedupto4digits.Name:–Updatethenameoftheaccountgroup.FromAccount:–Updatestartingnumberofaccountgroup.ToAccount:–Updatethelastnumberofaccountgroup.Step4)Afterupdatingthedetails,clickonsavebutton.Nowselectyourcustomizingrequestnumberandpressentertosavetheconfigureddetailsinyourrequest.SuccessfullywehavedefinedaccountgroupinSAP.❮PreviousNext❯MostReadArticlesLearnhowtoMaintainTermsofPaymentinSAP?KnoweverythingaboutAccountGroupinSAP?StepbystepprocesstoCreateBankKeyinSAPHowtoCreateAssetClassinSAP?WhatshouldyouknowaboutAssetAccountinginSAP?HowtoDefineHouseBankinSAPFICO?➥PDFDownload-DefineAccountGroupinSAP|WhatisAccountGroup