Chart of Accounts
A company code has one and one only operating Chart of Account (CoA).
A Group chart of accounts can optionally be used to facilitate external consolidation and reporting.
An alternative local chart of accounts can be used to meet country specific legal reporting requirements.
SKA1 - GL Account (Chart of Account)
G/L Account
SKA1 - GL Account (Chart of Account)
Balance sheet account
Indicator that shows the account is a balance sheet account
SKA1 - GL Account (Chart of Account)
G/L Account 2
SKA1 - GL Account (Chart of Account)
Group Account Number
SKA1 - GL Account (Chart of Account)
P&L statmt acct type
SKA1 - GL Account (Chart of Account)
Account Group
Use
Account groups define criteria that affect how the G/L accounts in the group are created.
The account group determines:
The allowed range from which the account number can be selected The screen layout for creating G/L accounts in the company-code-specific area
SKA1 - GL Account (Chart of Account)
Sample Account
SKA1 - GL Account (Chart of Account)
Trading Partner No.
SKA1 - GL Account (Chart of Account)
Mark for Deletion
SKA1 - GL Account (Chart of Account)
Blocked for Creation
SKA1 - GL Account (Chart of Account)
Blocked for Posting
SKA1 - GL Account (Chart of Account)
Blocked for Planning
SKA1 - GL Account (Chart of Account)
Search Term
SKA1 - GL Account (Chart of Account)
Functional Area
SKA1 - GL Account (Chart of Account)
G/L Account Type
SKA1 - GL Account (Chart of Account)
G/L Account Subtype
SKA1 - GL Account (Chart of Account)
Short Text
SKA1 - GL Account (Chart of Account)
G/L Acct Long Text
SKA1 - GL Account (Chart of Account)
G/L Long Text
SKA1 - GL Account (Chart of Account)
Key
Toolkit Specific field
SKA1 - GL Account (Chart of Account)
Project/Wave
Toolkit Specific field
SKA1 - GL Account (Chart of Account)
Company Code
A company code is the smallest organizational unit for which a complete, self-contained set of accounts can be drawn up.
SKB1 - GL Account (Company Code)
G/L Account
SKB1 - GL Account (Company Code)
Authorization Group
The authorisation group field can be used to enhance authorisations to better manage access to GL Accounts.
SKB1 - GL Account (Company Code)
Clerk Abbreviation
SKB1 - GL Account (Company Code)
Date of Last Interest Calc.
Date of Last Interest Calc.
SKB1 - GL Account (Company Code)
Planning Group
SKB1 - GL Account (Company Code)
Planning Level
SKB1 - GL Account (Company Code)
Financial Budget
SKB1 - GL Account (Company Code)
Field status group
You use this field to define which fields are displayed when you post accounting transactions to a G/L account. A field may have one of the following statuses:
Entry required (required field) Ready for input (optional field) For additional information, see Field Status Definition .
SKB1 - GL Account (Company Code)
House bank
SKB1 - GL Account (Company Code)
Account ID
SKB1 - GL Account (Company Code)
Exchange Rate Difference Key
Exchange Rate Difference Key
SKB1 - GL Account (Company Code)
Recon. Account for Acct Type
Recon. Account for Acct Type
SKB1 - GL Account (Company Code)
Tax Category
In tax accounts, you can specify the type of tax on sales/purchases (input or output tax) that can be posted to the account.
SKB1 - GL Account (Company Code)
G/L Account Additional Text
G/L Account Additional Text
SKB1 - GL Account (Company Code)
Interest indicator
SKB1 - GL Account (Company Code)
Account currency
When creating a G/L account, you define the currency in which the account is to be kept.
This defines the following:
The currency used for postings made to the account The currency in which transaction figures are updated and the account balance is displayed You specify the account currency in the company code area of the G/L account master data. This allows you to keep the G/L account in the local currency of each company code. This is especially useful for international groups that have all subsidiaries use the same chart of accounts but with the accounts kept in the local currency.
SKB1 - GL Account (Company Code)
Acct Managed in Ext. System
Acct Managed in Ext. System
SKB1 - GL Account (Company Code)
Relevant to Cash Flow
SKB1 - GL Account (Company Code)
Post Automatically Only
When posting documents, line items are automatically added to manually entered items as needed. For example, the tax amount, the cash discount amount, and profits or losses from foreign currency translations (exchange rate differences) can all be calculated and posted by the system automatically.
You can specify that an account to which these automatic postings are made can only have postings made to it automatically. This prevents manual postings to such an account.
Specifying that an account can only be posted to automatically is useful for tax accounts, for example if you have no subsequent tax debit to post.
SKB1 - GL Account (Company Code)
Line Item Display Possible
Line Item Display Possible
SKB1 - GL Account (Company Code)
Mark for Deletion
SKB1 - GL Account (Company Code)
Supplement Auto. Postings
Supplement Auto. Postings
SKB1 - GL Account (Company Code)
Open Item Management
Open item management is relevant for balance sheet accounts. Journal entry line items posted to a G/L account that is managed on an open item basis are initially marked as open. Open postings to these accounts represent incomplete transactions. Once clearing has taken place, the items are marked as cleared. The balance of the G/L account is always equal to the balance of the open items.
There are three types of open item management:
Open item management by ledger group Extended open item management You can only use one type of open item management at a time for a G/L account.
SKB1 - GL Account (Company Code)
Blocked for Posting
SKB1 - GL Account (Company Code)
Key Date of Last Int. Calc.
Key Date of Last Int. Calc.
SKB1 - GL Account (Company Code)
Interest Calc. Frequency
SKB1 - GL Account (Company Code)
Sort key
SKB1 - GL Account (Company Code)
Alternative Account No.
SKB1 - GL Account (Company Code)
Recon. Acct Ready for Input
Recon. Acct Ready for Input
SKB1 - GL Account (Company Code)
Recovery Indicator
SKB1 - GL Account (Company Code)
Commitment item
SKB1 - GL Account (Company Code)
Posting without tax allowed
Posting without tax allowed
If you select this indicator, no tax code needs to be entered when posting to this account. If a tax code is entered, it is checked according to the tax category for this account.
You use this indicator if taxable and non-taxable postings are to be entered to an account at the same time. In such a case, you normally set up your own tax code to allow for non-taxable transactions. However, this is not possible - for example - for tax entry with jurisdiction code, since no jurisdiction code can be specified for customers abroad. You would then allow postings without tax codes for the corresponding expense or revenue accounts.
This indicator is not needed for invoice verification postings, since the account assignments are generally derived from the purchase order. The indicator is therefore not checked by the system for these postings.
For items with no tax code, no tax information is created, and they are not contained in the tax report lists.
SKB1 - GL Account (Company Code)
Balances in Local Crcy Only
Balances in Local Crcy Only
When creating a G/L account in a company code, you can decide whether the transaction figures are only kept in the local currency for this account.
You have to set this indicator for clearing accounts that you use to clear line items in various currencies with one local currency amount and without posting any exchange rate differences that may occur.
NoteDo not set this indicator for A/P A/R reconciliation accounts.
You must set the indicator for the following accounts:
Cash discount clearing accounts Clearing accounts for goods receipt / invoice receipt The indicator is usually set for the following balance sheet accounts:
Accounts without open item management in which no foreign currencies are managed
SKB1 - GL Account (Company Code)
Valuation Group
SKB1 - GL Account (Company Code)
Inflation key
SKB1 - GL Account (Company Code)
Tolerance Group
SKB1 - GL Account (Company Code)
Clearing Specific to Ledger Groups
Clearing Specific to Ledger Groups
SKB1 - GL Account (Company Code)
MCA Key
SKB1 - GL Account (Company Code)
Controlling area data changed
Controlling area data changed
SKB1 - GL Account (Company Code)