In SAP S/4HANA, the chart of accounts level of a General Ledger (G/L) account contains fields that are common across all company codes using the same chart of accounts. These fields are used for standardization and consolidation purposes. Fields maintained at the chart of accounts level are independent of company code- specific configurations. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Group account number
* Correct : The group account number is maintained at the chart of accounts level. It is used for consolidation purposes and ensures that G/L accounts from different company codes can be mapped to a single group account in the corporate group's financial reporting.
* Reference : According to SAP documentation, the group account number is a key field for aligning accounts across multiple company codes during consolidation.
B. Short text
* Correct : The short text is also maintained at the chart of accounts level. It provides a standardized description of the G/L account that is consistent across all company codes using the same chart of accounts.
* Reference : SAP documentation confirms that the short text is a chart of accounts-level field, ensuring uniformity in account descriptions.
C. Alternative account number
* Correct : The alternative account number is maintained at the chart of accounts level. It is used to assign an alternative identifier to the G/L account, often for external reporting or legacy system compatibility.
* Reference : SAP allows the alternative account number to be defined at the chart of accounts level to support mapping to external systems or reporting requirements.
D. Field status group
* Incorrect : The field status group is maintained at the company code level , not the chart of accounts level. It controls which fields are required, optional, or hidden during document entry for a specific company code.
* Reference : Field status groups are company code-specific configurations and are not part of the chart of accounts-level setup.
E. Account group
* Incorrect : The account group is also maintained at the company code level , not the chart of accounts level. It defines the attributes and number range for G/L accounts within a specific company code.
* Reference : Account groups are used for company code-specific configurations and do not apply at the chart of accounts level.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Chart of Accounts Configuration : Explains the fields maintained at the chart of accounts level and their role in standardization and consolidation.
* SAP Help Portal - G/L Account Master Data : Provides detailed guidance on the structure of G/L accounts, including chart of accounts-level and company code-level fields.
* Consolidation and Group Reporting : Highlights the importance of group account numbers and alternative account numbers for consolidation purposes.
* Field Status Groups : Describes how field status groups are configured at the company code level to control document entry behavior.