© Riaz Ahmed 2019
Riaz AhmedCloud Computing Using Oracle Application Expresshttps://doi.org/10.1007/978-1-4842-4243-8_12

12. Chart of Accounts

Riaz Ahmed1 
(1)
Karachi, Pakistan
 

The chart of accounts (COA) is part of the application that needs to be planned carefully before implementation. A well-planned COA provides better insight into the financial matters of an organization. A separate COA is created for each company; however, you can create a COA for one company—the master COA—and then copy it to the others using the Copy COA utility as developed in the next chapter. The accounts created here are selected for each transaction during voucher generation, report calls, and preparation of financial statements. Because this setup is similar to the ...

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