RSQUARE SAP Fico Consultant Interview Questions and Answers

A chart of accounts is a list of all the accounts used by an organization to record financial transactions.

• It provides a systematic way to categorize and track financial transactions.

• Each account in the chart of accounts represents a specific type of asset, liability, equity, revenue, or expense.

• It helps in organizing financial data and generating accurate financial statements.

• The chart of accounts can be customized to...read more