G/L Account Master Records in the Company Code
Definition
The company code specific area of a G/L account contains data that is only valid for one company code, such as the currency in which the account may be posted.
Use
Before you can make postings to a G/L account, you have to create a master record in your company code for the account. The G/L account must already be in the chart of accounts. For more information, see
G/L Account Master Records in Chart of Accounts.Structure
When creating a G/L account in a company code, you have to make several specifications. These specifications are saved in the G/L account master record and will affect future transactions, such as postings to this G/L account.
Some of the specifications have serious impact on future work and are described in the following sections. Before you make your specifications, you should read these sections.