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How does Alternative Account no. work.

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How does Alternative Account no. work.
Stechies

Hi,

If say, GL account 110000~Cash was created in Chart of Account level, how can i create GL accounts in company code level? example=
Cash- Deutsche Bank-Euro/Cash- DBS Bank/Cash- Bank of America

Can I make use of Alternative account no? how does it work?Any documentation on how alternative account no. works?

Thanks..

 


Comments

  • 28 Jan 2011 6:03 am
    There are two segments when we create GL...Chart of account segment of a GL account is common for all company codes. To use that GL Account for a particular co. code, you need to create co. code segment of that GL Account. chart of account segment and co. code segment together form an account.

    will be explaining ur alternative account no. with example and documenation. ..
  • 11 Feb 2011 11:29 am
    while creating gl account u would have to create company code segment
    and coa segment

    u cannot create gl account having only company code level

    alternative account no is used when a country chart of accounts is
    assigned and every country chart of accounts can only be used once.
  • 11 Feb 2011 11:30 am
    Your question effectively is How to create various Bank Accounts.
    Irrespective of whatever..there can be only one Cash Account in a
    Company code. Your question gives me the impression that u could
    have asked ur question as whether more than 1 Bank Account can be
    maintained?

    The answer is yes and we can maintain more than 1 Bank Accountin
    each co.code. Say

    DBS Bank Account

    RBS Bank Account

    Regards
  • 11 Feb 2011 11:32 am
    That GL Account should be created in Chart of Account level and one company code. Only one GL account per bank account.

    Eg.

    Deutsche Bank Account EUR account GL Account 1100100 in the company code in question
    Bank of America USD account GL 1100200 in the company code in question

    If another company code has Deutsche Bank Account EUR and it is a different bank account, then you need to create another GL account.

    See table T012K and you will know how things work.

    Also see the Manual Bank Statement Configuration - particularly "Assign Accounts to Account Symbol". This should give an idea on the masking and the numbering convention of the bank GL account.

    Just do F1 on alternative account field in the gl master and you will know what it is for.

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