How to use SAP for part 1

Task 1 Examine the Chart of Accounts and General Ledger Accounts

Understanding the chart of accounts is a very important part of the overall understanding of the accounting process within any organization. So first we will look at the chart of accounts for the company and also see how it is configured in SAP.

Examine the Chart of Accounts for GBI

Menu Path: Accounting Financial Accounting General Ledger Information System General Ledger Reports Master Data Chart of Accounts (Transaction Code S_ALR_87012326)

Under general selections, n the field for chart of accountsm enter GL00 and click on execute.

The chart of accounts for GBI will be displayed. Place your cursor on the the line for account 200600 Inventory Operating Supplies and then click on the detail icon to see information regarding the account 200600 in our chart of accounts. Note the information on the Type/Description tab.

1.1 General ledger accounts are considered master data and different controls within the master data allow the system to group accounts that are similar. Under the control in chart of accounts area on the Type/Description tab, what type of account is account 200600 Inventory Operating Supplies?