Exercise No. 33: Account and Organizational Structure
Transfer the following verbal description into an ERM
a) Accounts (Acc-#) are grouped in general ledger accounts and subsidiary accounts. The latter can be personal accounts or non-personal accounts, whereas general ledger accounts are classified in non-personal accounts and closing accounts.
b) Non-personal subsidiary accounts are further classified in material and fixed assets. On the other hand personal accounts are classified in accounts receivables, accounts payables and employee.
c) A system client (Cl-#) which uses more than one chart of accounts (ChA-#) can have several company codes (CC-#). However, both company code and chart of accounts belong to one system client only.
d) A company code can have several business areas (BA-#), whereas a business area can belong to one company code only.
e) A business area can be divided into several profit centres. Profit centres can not belong to more than one business area.
f) Profit centres are typically divided into cost centres. Cost centres are assigned to one profit centre only.
g) Accounts are hierarchically classified to an account structure. Each account is assigned exactly to a consolidated higher account (e.g. The receivable Accounts of all domestic customers are consolidated to one account: "Receivables Domestic").
h) The chart of accounts can be used by several company codes. A company code can only use one chart of account. An account is assigned to only one combination of chart of accounts and company code, but the combination can comprise several accounts.