G/L Account in Company Code

Principles

Fast track for G/L company views is the last step of the Finance Master Data Workflow deployment  in line with the simplification & automation for automatic creation based on a fixed template

People with access to the workflow can submit G/L extension to a company code and process to the creation without any action from Data Management

• G/L Company code extension only (no update, lock, Unlock) in PF1 & WP1

• Copy from the reference companies 

• MOCO in PF1

• XEU1 in WP1

without possibility to change values from the reference except Tax for US entities

• When alternative charts of accounts are applicable, alternative accounts, if already existing and if unique for the country, will be proposed 

• Some specific accounts are blocked for automatic creation 

Who can use the extension of G/L accounts to company codes : Positions

• CAD ( Company Accounting Director)

• Lead CAM / CAM Coordinator

• Tax compliance Manager

• CAM ( Company Accounting Manager)

• Service Unit Financial Accounting ( General Ledger/ Intercompany  + VAT & indirect Tax ): Manager & specialists

• Finance operations SC (Team leader + FA & treasury ( leader and specialists ) 

Scope

• All accounts available in reference companies for WP1 & PF1 020

• MOCO in PF1

• XEU1 in WP1

• Not blocked for postings in reference companies

• Way to keep the hand for Data management for some critical accounts 

• Bank accounts (internals & externals)

• 506x 505x 591x in PF1

• 51x 50x 58x 

• Dedicated accounts for one country 

• PF1 - Phone indicator in 7&8 position before creation

by central team & Country iso code at the beginning of

the long text

• WP1 - Country iso code at the beginning of

the long text

• With alternative account available for entities with

alternative chart of accounts 

• France, Spain , Portugal, Russia, Chile, Peru, Luxemburg