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COA Creation in SAP

This document provides steps to create a chart of accounts and account groups in SAP. It first discusses what a chart of accounts is and the different types. It then lists 7 steps to create a new chart of accounts including entering a code, description, language and other settings. Another section details 9 steps to create an account group within a chart of accounts including assigning a key, description and number range. The document teaches how to set up the basic structure and organization of accounts in SAP.

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Houda Boussetta
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47 views8 pages

COA Creation in SAP

This document provides steps to create a chart of accounts and account groups in SAP. It first discusses what a chart of accounts is and the different types. It then lists 7 steps to create a new chart of accounts including entering a code, description, language and other settings. Another section details 9 steps to create an account group within a chart of accounts including assigning a key, description and number range. The document teaches how to set up the basic structure and organization of accounts in SAP.

Uploaded by

Houda Boussetta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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How to Create Chart of Accounts

in SAP
Ryan Bennett December 24, 2022

This is a step by step tutorial to help you create Chart of Accounts in


SAP FI. Before we begin let’s discuss,

What is a Chart of Account?


In SAP, the Chart of Accounts (COA) is defined at the client level and
assigned to each company code. It is a list of General Ledger
account’s master data that fall under different account groups of a
company code. This grouping mechanism helps to develop better
financial reports.

Types of Chart of Accounts


There are three types of Chart of Accounts, viz

1. Operating chart of accounts: They are used to post daily


expenses. The accounts in Operating Chart of Accounts could
be either expense or revenue accounts, and the information is
shared by Finance as well as Controlling modules.
2. Group Chart of Accounts: These are accounts used by the entire
corporate group. They help in generating reports at the
corporate
3. Country-specific chart of accounts: This Chart Of Accounts
help meet country-specific legal requirements

In this tutorial, we will learn

How to Create Chart of Accounts


:
How to Create Chart of Accounts (COA) Account Group

How to Create Chart of Accounts


Step 1) Enter Transaction code SPRO in the command field

Step 2) In the next screen Select SAP reference IMG

Step 3) In next screen-“Display IMG” navigate the following menu


path : SAP Customizing Implementation Guide -> Financial
Accounting -> General Ledger Accounting -> G/L Accounts ->
Master Data -> Preparations -> Edit Chart of Accounts List
:
Step 4) In the next screen, select New Entries

Step 5) In the next screen,Enter Following Data :

1. Enter a unique Chart of Accounts Code , maximum length is four


2. Enter a Description for the Chart of Accounts
3. Enter Language in which the Chart of Accounts is created.All
accounts have a description in this language.Master Data can
only be displayed or maintained in this language
4. Enter the maximum length for G/L Accounts number, it could be
maximum to ten digits if number is short then it will prefix zero
before it to make it to the maximum length
5. Enter the type of integration between G/L accounts and cost
elements
6. Enter Chart of Accounts which is used in the corporate group
:
Step 6) After you complete entering this information Press Save .
In the next screen, Enter your Change Request number.

You have successfully created a new Chart of Accounts.

How to Create Chart of Accounts (COA)


Account Group
Step 1) Enter Transaction code SPRO in the command field
:
Step 2) In the next screen Select SAP reference IMG

Step 3) In next screen-“Display IMG” navigate the following menu


path

SAP Customizing Implementation Guide -> Financial Accounting ->


General Ledger Accounting

-> G/L Accounts -> Master Data -> Preparations -> Define Account
Group
:
Step 4) In the next screen, select New Entries

Step 5) In the next screen, Enter following Information

1. Enter the Chart of Accounts key in which the Account Group is


to be created
2. Enter unique Account Group key
3. Enter Description for the Account Group
4. Enter the number range for the G/L account to be created in the
Account Group

Step 6) Select Field Status from the Application menu

Step 7) In the next screen, you can change the field status for
different sections of the G/L COA Master Data. For example select
Account Control
:
Step 8) Now you can maintain the status of different fields
belonging to Account Control Tab

between Suppressed ( Hidden ) , Required , Optional and Display


modes.

Note :-The default status of fields is Optional.

Step 9) After maintaining the field status , press save Enter your
change request number
:
You have successfully created a Chart of Accounts Account Group.
:

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