Create and manage chart of accounts
...
This
...
overview
...
dialogue
...
shows
...
chart
...
of
...
accounts
...
of
...
a
...
group
...
in
...
the
...
selected
...
period.
...
The
...
attributes
...
of
...
an
...
account
...
position
...
\[e.g.
...
maturity\]
...
are
...
displayed
...
in
...
a
...
table:
...
!worddavd3c2b4e20e5d04fb50f4b04a5ae97d66.png|height=83,width=629!
...
_Fig.
...
26:
...
Overview
...
dialogue
...
CoA
...
Group_
...
Chart
...
of
...
accounts
...
structure
...
created
...
in
...
the
...
_CoA
...
Group_
...
dialogue
...
represents
...
a
...
common
...
for
...
all
...
companies
...
binding
...
framework
...
and
...
is
...
basis
...
for
...
the
...
dialogue
...
_B/S
...
Comparison_
...
in
...
the
...
_Company_
...
tab.
...
The
...
only
...
exception
...
here
...
is
...
the
...
_CoA
...
Company_
...
dialogue
...
–
...
chart
...
of
...
accounts
...
in
...
this
...
dialogue
...
can
...
be
...
extended
...
company-specifically.
...
!worddavb084a619707d8147427bdb101a92d7a7.png|height=95,width=641!
...
_Fig.
...
27:
...
Dropdowns
...
and
...
toolbar_
...
_CoA
...
Group_
...
Creation
...
of
...
a
...
chart
...
of
...
accounts
...
is
...
essential
...
for
...
calculation
...
of
...
deferred
...
taxes
...
under
...
IFRS,
...
German
...
Commercial
...
Code
...
\[HGB\]
...
and
...
US-GAAP
...
\[so-called
...
temporary
...
concept\].
...
Adjustments
...
to
...
chart
...
of
...
accounts
...
in
...
the
...
_CoA
...
Group_
...
dialogue
...
affect
...
only
...
the
...
currently
...
selected
...
period.
...
Other
...
GTC
...
periods
...
are
...
not
...
affected
...
\[also
...
see
...
_Theoretical
...
background_
...
to
...
this
...
chapter\].
...
You
...
can
...
create
...
a
...
new
...
account
...
position
...
in
...
the
...
selected
...
period
...
by
...
clicking
...
the
...
_Create_
...
button
...
\[
...
!worddav7b27801358a33f5ba0b6a49a9fbf51fe.png|height=21,width=69!
...
\].
...
The
...
attributes
...
defined
...
in
...
a
...
chart
...
of
...
accounts
...
are
...
described
...
below.
...
An
...
existing
...
data
...
record
...
can
...
be
...
edited
...
by
...
clicking
...
on
...
the
...
pencil
...
symbol.
...
The
...
magnifying
...
glass
...
symbol
...
opens
...
the
...
selected
...
data
...
set
...
in
...
a
...
read
...
mode.
...
Delete
...
\[archive\]
...
data
...
sets
...
using
...
the
...
recycle
...
bin
...
symbol.
...
...
{*}{_}Account
...
positions
...
data_*
...
The
...
following
...
attributes
...
have
...
to
...
be
...
created
...
for
...
every
...
new
...
account
...
position
...
that
...
is
...
an
...
entry
...
position.
...
Entry
...
positions
...
are
...
subordinate
...
to
...
superior
...
account
...
positions
...
\[e.g.
...
technical
...
equipment
...
and
...
machines
...
belong
...
to
...
entry
...
position
...
which
...
is
...
subordinate
...
to
...
the
...
superior
...
account
...
position
...
_Property
...
plant
...
and
...
equipment{_}\].
...
!worddav512787ed4ae8cdf30386efc95cce648c.png|height=511,width=501!
...
_Fig.
...
28:
...
Detail
...
view
...
Group
...
Accounts_
...
*Account
...
ID
...
\[*
...
!worddav75885e27e924d844222af95456b48ec1.png|height=12,width=12!
...
*\]*
...
Every
...
account
...
must
...
have
...
an
...
individual
...
ID.
...
Once
...
created,
...
the
...
ID
...
cannot
...
be
...
edited
...
anymore
...
and
...
even
...
after
...
deletion
...
cannot
...
be
...
used
...
again.
...
This
...
field
...
cannot
...
be
...
used
...
to
...
enter
...
the
...
name
...
of
...
an
...
account
...
position.
...
This
...
happens
...
after
...
clicking
...
the
...
_Create_
...
button
...
in
...
the
...
newly
...
appeared
...
table
...
area
...
\[see
...
chapter
...
_Account
...
positions
...
in
...
other
...
languages{_}\].
...
*Reporting
...
Dimension*
...
The
...
standard
...
reporting
...
dimension
...
\[---\]
...
is
...
preselected
...
during
...
the
...
consolidated
...
balance
...
sheet
...
administration;
...
this
...
dimension
...
cannot
...
be
...
edited.
...
This
...
attribute
...
can
...
only
...
be
...
changed
...
company-specific
...
in
...
the
...
_CoA
...
Company_
...
dialogue.
...
*Superior
...
account
...
position*
...
By
...
specifying
...
the
...
superior
...
account
...
position,
...
the
...
structure
...
of
...
the
...
balance
...
sheet
...
is
...
determined.
...
Superior
...
account
...
position
...
is
...
the
...
sum
...
of
...
all
...
subordinate
...
positions.
...
In
...
the
...
overview
...
dialogue
...
and
...
the
...
_B/S
...
Comparison_
...
dialogue
...
the
...
structure
...
is
...
represented
...
with
...
the
...
help
...
of
...
dot
...
leaders
...
displayed
...
below
...
the
...
corresponding
...
superior
...
positions:
...
!worddavee477fe2ad9d16998720bb28a52e5823.png|height=132,width=369!
...
_Fig.
...
29:
...
Superior
...
account
...
position
...
in
...
the
...
chart
...
of
...
accounts
...
structure_
...
*Relevant
...
for
...
current
...
taxes*
...
This
...
attribute
...
defines
...
whether
...
an
...
account
...
position
...
has
...
influence
...
on
...
tax
...
profit/loss.
...
For
...
German
...
companies
...
these
...
are
...
internal
...
tax
...
deviations
...
\[acc.
...
sect. 60 par.
...
2
...
of
...
Income
...
Tax
...
Ordinance\].
...
Only
...
differences
...
between
...
the
...
German
...
Commercial
...
Code
...
\[HGB\]
...
/
...
or
...
local
...
GAAP
...
and
...
tax
...
balance
...
sheet
...
will
...
be
...
considered
...
further.
...
The
...
change
...
of
...
tax
...
balance
...
corrections
...
affecting
...
the
...
profit
...
and
...
loss
...
statement
...
is
...
calculated
...
automatically
...
by
...
the
...
GTC
...
and
...
used
...
for
...
calculation
...
of
...
current
...
taxes:
...
it
...
is
...
displayed
...
in
...
the
...
_Current
...
Taxes_
...
dialogue
...
as
...
a
...
proposed
...
value:
...
!worddava41a07093152ba70dae3121e781c7939.png|height=186,width=646!
...
_Fig.
...
30:
...
Account
...
relevant
...
for
...
current
...
taxes
...
as
...
proposed
...
value
...
in
...
the
...
'Current
...
Taxes'
...
dialogue
...
\[here:
...
Toolbox\]_
...
*Account
...
is
...
relevant
...
for
...
deferred
...
tax*
...
Certain
...
account
...
positions
...
such
...
as
...
e.g.
...
equity
...
or
...
tax
...
positions
...
are
...
excluded
...
from
...
the
...
calculation
...
of
...
deferred
...
taxes.
...
When
...
working
...
with
...
these
...
positions
...
the
...
checkbox
...
_Account
...
is
...
relevant
...
for
...
deferred
...
tax_
...
should
...
not
...
be
...
checked.
...
In
...
this
...
case
...
the
...
GTC
...
ignores
...
any
...
balance
...
sheet
...
differences
...
in
...
these
...
positions.
...
Positions
...
that
...
are
...
relevant
...
for
...
the
...
calculation
...
of
...
deferred
...
taxes
...
\[or
...
TRR\]
...
are
...
classified
...
as
...
temporary
...
or
...
permanent.
...
So
...
you
...
need
...
to
...
activate
...
the
...
_Account
...
is
...
relevant
...
for
...
deferred
...
tax_
...
checkbox.
...
When
...
this
...
checkbox
...
is
...
selected,
...
the
...
rows
...
of
...
the
...
chart
...
of
...
accounts
...
can
...
be
...
edited
...
by
...
entering
...
allocation
...
of
...
balance-sheet
...
gross
...
differences.
...
Thereof
...
columns
...
offer
...
standard
...
allocation
...
options
...
for
...
the
...
purposes
...
of
...
balance
...
sheet
...
differences
...
split.
...
Definition
...
of
...
the
...
following
...
attributes
...
results
...
in
...
automated
...
split
...
option
...
in
...
the
...
_B/S
...
Comparison_
...
dialogue.
...
- Temporary differences P/L
- Temporary differences OCI
- Permanent differences P/L
- Permanent differences OCI
...
Permanent
...
balance
...
sheet
...
differences
...
\[e.g.
...
in
...
German
...
tax
...
law
...
shares
...
in
...
affiliated
...
companies
...
section 8b
...
of KStG
...
\[Corporation
...
Tax
...
Code\]\]
...
do
...
not
...
result
...
in
...
deferred
...
taxes.
...
Activate
...
the
...
_Account
...
is
...
relevant
...
for
...
deferred
...
tax_
...
checkbox,
...
since
...
effects
...
for
...
tax
...
rate
...
reconciliation
...
\[TRR\]
...
can
...
result
...
from
...
them.
...
*Relevant
...
for
...
True
...
Up*
...
*Results
...
in
...
temporary
...
difference*
...
In
...
case
...
of
...
balance
...
sheet
...
differences
...
the
...
calculation
...
of
...
deferred
...
taxes
...
is
...
started
...
for
...
the
...
account
...
positions
...
marked
...
as
...
temporary.
...
Activate
...
this
...
checkbox
...
also
...
for
...
all
...
account
...
positions,
...
where
...
taxable
...
\[passive
...
deferred
...
taxes
...
-
...
DTL\]
...
or
...
deductible
...
\[active
...
deferred
...
taxes
...
-
...
DTA\]
...
differences
...
can
...
arise.
...
In
...
addition,
...
it
...
is
...
necessary
...
to
...
select
...
the
...
_Account
...
is
...
relevant
...
for
...
deferred
...
tax_
...
checkbox.
...
On
...
the
...
contrary,
...
account
...
positions
...
that
...
are
...
not
...
classified
...
as
...
temporary
...
are
...
regarded
...
as
...
permanent.
...
Permanent
...
differences
...
do
...
not
...
lead
...
to
...
the
...
calculation
...
of
...
deferred
...
taxes
...
but
...
can
...
be
...
relevant
...
for
...
tax
...
rate
...
reconciliation
...
\[TRR\].
...
*Income
...
statement-related*
...
Account
...
positions
...
marked
...
as
...
_P/L
...
statement-related_
...
have
...
a
...
profit
...
and
...
loss
...
statement
...
effect
...
during
...
the
...
calculation
...
of
...
deferred
...
taxes.
...
The
...
profit
...
and
...
loss
...
statement
...
effect
...
of
...
deferred
...
taxes
...
is
...
reflected
...
in
...
_Summary_
...
and
...
_TRR_
...
dialogues.
...
You
...
have
...
to
...
select
...
between
...
P/L
...
statement-related
...
and
...
temporary
...
difference
...
affecting
...
equity.
...
Profit-related
...
effect
...
of
...
deferred
...
taxes
...
booking
...
depends
...
on
...
underlying
...
balance-sheet
...
situation.
...
If
...
the
...
changes
...
in
...
account
...
position
...
\[e.g.
...
depreciations\]
...
are
...
booked
...
in
...
the
...
P/L
...
statement,
...
the
...
applying
...
deferred
...
taxes
...
have
...
to
...
be
...
considered
...
as
...
income
...
statement-related.
...
*Temporary
...
difference
...
affecting
...
equity*
...
Account
...
positions
...
marked
...
as
...
_temporary
...
difference
...
affecting
...
equity_
...
do
...
not
...
have
...
a
...
profit
...
and
...
loss
...
statement
...
effect
...
during
...
the
...
calculation
...
of
...
deferred
...
taxes.
...
They
...
are
...
reflected
...
in
...
the
...
P/L
...
statement-neutral
...
OCI
...
\[other
...
comprehensive
...
income\].
...
_Temporary
...
difference
...
affecting
...
equity_
...
bookings
...
can
...
be
...
seen
...
in
...
IFRS,
...
e.g.
...
under
...
financial
...
instruments
...
\[IAS
...
39\]
...
or
...
pensions
...
\[IAS
...
19\].
...
Deferred
...
taxes
...
related
...
to
...
this
...
value
...
change
...
should
...
be
...
booked
...
as
...
not
...
income
...
statement-related.
...
The
...
OCI
...
effect
...
deferred
...
taxes
...
is
...
reflected
...
in
...
the
...
dialogue
...
_Summary{_}.
...
_Temporary
...
difference
...
affecting
...
equity_
...
bookings
...
can
...
be
...
assigned
...
to
...
a
...
certain
...
OCI
...
issue
...
\[e.g.
...
AFS
...
securities\].
...
Individual
...
issues
...
can
...
be
...
managed
...
in
...
the
...
master
...
data
...
dialogue
...
_Administration_
...
in
...
the
...
_Revaluation
...
surplus_
...
area.
...
*Goodwill*
...
This
...
attribute
...
is
...
relevant
...
only
...
for
...
the
...
period
...
type
...
_Closing
...
v1{_}.
...
*Short-term
...
temporary
...
difference*
...
This
...
attribute
...
defines
...
maturity
...
of
...
an
...
account
...
position.
...
The
...
GTC
...
enables
...
division
...
of
...
deferred
...
taxes
...
into
...
short
...
and
...
long-term
...
positions.
...
When
...
the
...
_Short
...
term
...
temporary
...
difference_
...
checkbox
...
is
...
activated,
...
deferred
...
taxes
...
related
...
to
...
this
...
account
...
position
...
are
...
also
...
classified
...
as
...
short-term.
...
Maturity
...
structure
...
effects
...
the
...
netting
...
of
...
deferred
...
taxes
...
in
...
the
...
tool:
...
short-term
...
DTA
...
are
...
netted
...
with
...
short-term
...
DTL
...
and
...
long-term
...
DTA
...
with
...
long-term
...
DTL.
...
The
...
classification
...
of
...
account
...
positions
...
as
...
short-
...
or
...
long-term
...
is
...
not
...
necessarily
...
made.
...
*Disclosed
...
major
...
class
...
of
...
deferred
...
tax*
...
Activate
...
this
...
checkbox
...
for
...
account
...
positions
...
that
...
have
...
to
...
be
...
analysed
...
for
...
disclosure
...
purposes.
...
These
...
account
...
positions
...
are
...
aggregated
...
in
...
the
...
_Report
...
DT_
...
dialogue.
...
Either
...
upper
...
or
...
lower
...
level
...
can
...
be
...
displayed
...
for
...
every
...
position
...
in
...
the
...
notes.
...
This
...
prevents
...
double-counting
...
of
...
account
...
positions.
...
The
...
generated
...
\[shortened\]
...
chart
...
of
...
accounts
...
structure
...
has
...
to
...
match
...
the
...
chart
...
of
...
accounts
...
structure
...
of
...
the
...
annual
...
report.
...
This
...
ensures
...
that
...
the
...
disclosures
...
of
...
the
...
deferred
...
taxes
...
per
...
account
...
position
...
can
...
be
...
taken
...
directly
...
from
...
the
...
GTC.
...
*Tax
...
non-recognition*
...
Balance
...
sheet
...
differences
...
calculated
...
in
...
the
...
GTC
...
dialogue
...
_B/S
...
Comparison_
...
have
...
to
...
be
...
assigned
...
to
...
the
...
above-mentioned
...
columns
...
\[Temporary
...
differences
...
P/L,
...
Temporary
...
differences
...
OCI,
...
Permanent
...
differences
...
P/L,
...
Permanent
...
differences
...
OCI\].
...
If
...
the
...
_Split
...
differences_
...
checkbox
...
is
...
activated,
...
the
...
differences
...
are
...
grouped
...
automatically.
...
Otherwise,
...
gross
...
differences
...
have
...
to
...
be
...
grouped
...
manually.
...
This,
...
for
...
example,
...
makes
...
sense
...
if
...
a
...
part
...
of
...
gross
...
difference
...
is
...
classified
...
as
...
temporary
...
and
...
another
...
as
...
permanent
...
...
Automatic
...
distribution
...
of
...
differences
...
can
...
be
...
carried
...
out
...
in
...
the
...
_B/S
...
Comparison_
...
dialogue
...
by
...
clicking
...
the
...
\[
...
!worddav3a0e67dbb8198279eef57684bb4254b0.png|height=30,width=117!
...
\]
...
button.
...
{*}{_}Account
...
positions
...
in
...
other
...
languages_*
...
Language
...
settings
...
can
...
be
...
made
...
in
...
the
...
GTC
...
dialogue
...
_Home{_}.
...
To
...
view
...
the
...
data
...
set
...
in
...
a
...
local
...
language,
...
create
...
it
...
first.
...
If
...
no
...
text
...
is
...
defined
...
for
...
a
...
language,
...
the
...
data
...
set
...
can
...
be
...
identified
...
only
...
by
...
account
...
ID
...
after
...
selecting
...
the
...
language.
...
!worddav6c044d9e419ff84fd35d2517524bf3e0.png|height=92,width=653!
...
_Fig.
...
31:
...
Account
...
positions
...
in
...
other
...
languages_
...
The
...
_Language_
...
table
...
area
...
\[see
...
the
...
figure
...
above\]
...
appears
...
only
...
after
...
clicking
...
the
...
_Create_
...
button
...
when
...
creating
...
a
...
new
...
account
...
position.
...
{*}{_}Theoretical
...
background:
...
tips
...
on
...
managing
...
the
...
chart
...
of
...
accounts_*
...
Chart
...
of
...
accounts
...
created
...
in
...
the
...
GTC
...
is
...
usually
...
an
...
extract
...
from
...
the
...
chart
...
of
...
accounts
...
of
...
a
...
group
...
or
...
a
...
company.
...
*Number
...
of
...
account
...
positions*
...
It
...
is
...
recommended
...
to
...
limit
...
the
...
number
...
of
...
account
...
positions
...
to
...
no
...
more
...
than
...
100.
...
It
...
must
...
be
...
ensured
...
that
...
the
...
account
...
position-related
...
disclosures
...
acc.
...
to
...
IFRS
...
and
...
German
...
Commercial
...
Code
...
\[HGB\]
...
requirements
...
can
...
be
...
fulfilled.
...
In
...
addition,
...
the
...
aggregation
...
level
...
has
...
to
...
be
...
sufficient
...
to
...
assign
...
tax
...
balance
...
sheet
...
values.
...
Furthermore,
...
a
...
very
...
detailed
...
chart
...
of
...
accounts
...
can
...
increase
...
processing
...
time.
...
A
...
balance
...
sheet
...
value
...
must
...
be
...
specified
...
for
...
every
...
account
...
position
...
containing
...
IFRS
...
or
...
German
...
Commercial
...
Code
...
\[HGB\]
...
value
...
in
...
the
...
_B/S
...
Comparison_
...
dialogue.
...
*Creating
...
chart
...
of
...
accounts*
...
Position
...
_balance_
...
\[e.g.
...
ID
...
00000\]
...
should
...
be
...
the
...
superior
...
position
...
of
...
the
...
chart
...
of
...
accounts.
...
To
...
identify
...
the
...
position
...
as
...
superior,
...
select
...
the
...
entry
...
\[---\]
...
as
...
superior
...
position
...
for
...
the
...
selected
...
item.
...
It
...
means
...
that
...
the
...
sum
...
of
...
all
...
subordinate
...
positions
...
\[e.g.
...
10000
...
assets
...
and
...
20000
...
credits\]
...
amounts
...
to
...
zero
...
\[if
...
not
...
an
...
error
...
message
...
appears
...
in
...
the
...
_B/S
...
Comparison_
...
dialogue\].
...
The
...
GTC
...
does
...
not
...
differentiate
...
between
...
assets
...
and
...
credits
...
positions,
...
that
...
is
...
why
...
add
...
a
...
minus
...
sign
...
before
...
a
...
position
...
to
...
indicate
...
that
...
it
...
is
...
credit
...
\[SAP
...
logic\].