How to Create G/L Account Group in SAP

G/L Account Group in SAP

This Tutorial guides you on how to Create an account group in SAP FICO step by step with screenshots. You can create new accounts group as per customer requirements.

Define Account Group:– Chart of accounts contains different types of accounts. To manage and control a large number of G/L accounts better in SAP, they are arranged in account groups. Account group must be specified while creating the G/L account.

Account Group Determines:-

• The interval in which the GL account number must be defined.
• The creation of the GL codes depends upon the specified number range that is assigned to the account group in sap
• Which fields are required and optional entries when creating and changing master records
• Which fields are suppressed when creating and changing master data

Here we are configuring the following account groups

Steps to Define Accounts group in SAP:-

• T Code for Define Account Group:- OBD4
• IMG Menu Path :-  SAP Implementation Guide > Financial accounting –> G/L Accounting –> GL Accounts –> Master Data–> Preparations –> Define Account Groups

Step 1:– Enter T Code SPRO in the SAP Command field.

Step 2:- Select SAP Reference IMG

Step 3:- Next Screen, follow the menu path for define account group in SAP.

Step 4:- Select New entries to create new G/L  account groups.

Step 5:- Update the following fields and press enters from Keyboard.

Chrts/Accts:-  Enter Charts of Account Key

Acct Group:- Enter the Account group 

Name:- Update the account group

From Acct:– Enter from account number, i.e., starting account number of account group in SAP.

To Account:- Enter to account number, i.e., end of the account number of the Account group in SAP.

Step 6:-  After Updating the data, save the data by clicking the save icon

Thus Account groups are successfully configured in SAP.