Chart of accounts is an index of all financial records in a company’s General Ledger. It is an organized tool, which list out all transactions in categories and subcategories. It reflects your company’s financial health.
SAP Business ByDesign is an ERP Software which can streamline all accounting related activities of a company with other processes like material resource planning for manufacturing. If your company has multiple domains, then you can easily interlink those data as well in SAP ByDesign.
For example, it is simple to create a Chart of Account (CoA) in SAP ByDesign
In the General Ledger page, click edit button & select Chart of Accounts from the list. This will show the sheet of all CoA where in you can create one.
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