Accounts Updated Directly
Questions
Which of the following accounts are updated directly?
A. Accounts in the group chart of accounts
B. Accounts in the operating chart of accounts
C. Accounts in the master chart of accounts
D. Accounts in the country chart of accounts
Which is the correct answer?
✅ Answer: B. Accounts in the operating chart of accounts
Detailed Explanation
In SAP S/4HANA, the Operating Chart of Accounts
is the definitive list of general ledger accounts used for direct financial
postings. It serves as the primary chart of accounts assigned
to each company code, where all real-time business transactions are recorded.
This includes invoices, journal entries, and payments.
Breakdown of the Other Options:
A. Group Chart of Accounts:
This chart is used for consolidation across multiple
company codes. It does not support direct postings; instead,
it maps accounts from various operating charts for consolidated reporting
at a group level.
C. Master Chart of Accounts:
SAP does not formally define a "master chart of
accounts." This is not a recognized category in the SAP system,
and hence no direct updates are made here.
D. Country Chart of Accounts:
Known also as the local chart of accounts, it
fulfills country-specific legal requirements. It is typically mapped
to the operating chart, which handles the actual direct postings.
Why the Operating Chart of Accounts Matters
-
It ensures compliance with company-specific and regulatory
accounting standards.
-
Enables accurate real-time financial reporting within
each company code.
-
Supports integration with other modules like Controlling
(CO), Materials Management (MM), and Sales and Distribution (SD).
Read Also
SAP
FI Month End and Year End Activities
Goto SAP CO Tips:
SAP Controlling
Back to SAP FI Tips:
SAP FI (Financial
Accounting) Configuration Hints and Tips
Return to :-
SAP ABAP/4 Programming,
Basis Administration, Configuration Hints and Tips
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