Chart of Accounts 

Definition

See Chart of Accounts.

Use

Country Version Hungary comes with its own chart of accounts, CAHU. When you create a company code using the country template for Hungary (company code HU01), the system assigns this chart of accounts to it and to the controlling area (also called HU01).

Structure

The chart of accounts is structured according to Hungarian legal requirements. It consists of several account classes as follows, 0 through 7 for financial accounting, and 8 and 9 for controlling purposes:

Account class	Use
0	Fixed assets
1	Inventory
2	Financial assets
3	Short-term assets and liabilities
4	Capital, reserves, and long-term liabilities
5	Expenses
6	Revenues
7	Closing balance sheet accounts and off-balance-sheet accounts
8	Controlling
9