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Hello Friends,
I had a few questions to ask about basic configuration since we just started FICO training. I would appreciate it if someone can provide some insight.
1. Can the Chart of Accounts be any four letters?
2. What does the length of GL accounts signify?
3. When assigning company code to Chart of Accounts, we tried putting COBA for an imaginary company. However, the system did not allow us to put COBA. What is the reason behind this?
4. What does INT signify when we see the message "INT chart of accounts"? Is INT a universal code?
5. What is the significance of account groups names and from/to accounts? Are these universal?
Thank you,
RD
I had a few questions to ask about basic configuration since we just started FICO training. I would appreciate it if someone can provide some insight.
1. Can the Chart of Accounts be any four letters?
2. What does the length of GL accounts signify?
3. When assigning company code to Chart of Accounts, we tried putting COBA for an imaginary company. However, the system did not allow us to put COBA. What is the reason behind this?
4. What does INT signify when we see the message "INT chart of accounts"? Is INT a universal code?
5. What is the significance of account groups names and from/to accounts? Are these universal?
Thank you,
RD
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