General Ledger Account (Local Chart of Accounts)

Data Business Definition

The statutory general ledger accounts are used to record financial transactions and are aggregated into the local financial statements. These accounts are not reflected in the corporate chart of accounts (IFRS) and thus are not consolidated at group level. They are used exclusively for local/country reporting purposes.

Roles

Working Instruction

• I analyze and create a General ledger account at company code level

Quality Controls

Process Flows