How many levels are there in GL master?

Question

Accepted Answer

There are multiple levels in GL master, including company code level, chart of accounts level, and general ledger account level.

GL master has different levels to organize financial data.
The highest level is the company code level, which represents a legal entity.
Below the company code level, there is the chart of accounts level, which defines the structure of accounts.
Finally, at the lowest level, there are general ledger accounts that record specific financial transactions.
Each level has its own attributes and settings.
For example, at the company code level, you can define the currency and fiscal year variant.
At the chart of accounts level, you can define the account groups and their hierarchy.
And at the general ledger account level, you can define the account number, description, and other details.

Accepted Answer

2 levels company code and chart of accout level.

Accepted Answer

2- company code and CoA level

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