How to Assign Company Code to Chart of Accounts in SAP S4 Hana

After maintaining a chart of accounts in SAP S4 Hana, the next step is the assignment of company code to the chart of accounts.

Assign Company Code to Chart of Accounts in SAP S/4Hana – Scenarios

• In SAP, one chart of accounts can be assigned to one or more company codes
• Only one operational chart of accounts can be assigned to the company code
• Group charts of accounts can be assigned to company code for the consolidation of reports and statements.

How to Assign Company Code to Chart of Accounts in SAP S4 Hana

You can assign a company code to the chart of accounts in SAP S/4 Hana by using transaction code OB62 or IMG menu path.

• IMG Menu Path: SAP Customizing Implementation Guide -> Financial Accounting  -> General Ledger (G/L) Accounting  -> Master Data -> G/L Accounts -> Preparations > Assign Company Code to Chart of Accounts
• Transaction code: OB62

Refer below step by step procedure how to assign company code AD01 to the chart of account ADCA in the SAP system.

Step 1: Execute transaction code “OB62” in the command field to assign the company code to the chart of accounts in SAP S4 Hana

Step 2: In the next screen, change the view “Assign company code” to the chart of accounts overview, click on the position button and enter the company code key in the given entry field.

Now your company displays at top of the list so that you can assign the chart of accounts.

Step 3: Now enter the chart of accounts key “ADCA” in field Chrt/Accts and enter to continue,

Click on the save icon to save the assigned company code to a chart of accounts.

Successfully we have assigned company code to chart of accounts in SAP S4 Hana system.

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Now it is the time to practice and learn. Let’s assign your company code to chart of accounts.