FI CO (Financial Accounting & Controlling)
FI CO (Financial Accounting & Controlling) Forum
How we linked operational coa and group coa?
In an international enviornment for example "AB client " has operations in europe and US, canada, since europe has difference countries denmark, germany, france etc, an operational chart of accounts will be created at europe, while for US and canada there will be one operational chart of accounts. Now if we consider that client has head quarters at US, then head quarters there will create group chart of accounts and these group chart of accounts will have europe and US,canada. When we post the document into the system the group account number will be the required entry into the system to link the operational and group chart of accounts, the group account number will also be the required entry during the closing and consolidation process but since in example we have considered US as head quarters the controlling integration only will be between US new GL 0L and controlling area in US since US will be the leading ledger. for europe a different controlling area is to be set up (in short group chart of accounts do not allow controlling integration).
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