SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

A. OkungbowaSAP S/4HANA Financial Accounting Configurationhttps://doi.org/10.1007/978-1-4842-8957-0_2

2. Defining Chart of Accounts

Andrew Okungbowa¹  

(1)

New Addington, UK

 

In this chapter, you will learn how to define Chart of Accounts, Create General ledgers, and assign chart of accounts to company codes.

At the end of this activity you will be able to:

• Define Chart of Accounts.

• Create General Ledgers.

• Define the Chart of Accounts (using four characters ID).

• Define the properties of the Chart of Accounts.

• Assign Chart of Accounts to Company Code.

Master Data

Master Record contains vital data or information held in a business system database that remains relatively ...