How to Create Account Group in SAP

You can create new accounts group as per customer requirement.

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

• The interval in which the GL account number must be defined.
• Creation of the GL codes depends upon 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

COA	Account group	Name	From account	To account
ADAR	SCPL	Share Capital	100000	119999
ADAR	RSPL	Reserves & Surplus	120000	129999
ADAR	ACDN	Current Liabilities and Provisions	130000	139999
ADAR	SCLN	Secured Loans	140000	149999
ADAR	SCPL	Share Capital	100000	119999
ADAR	UNLN	Unsecured loan	150000	159999
ADAR	ACDP	Accumulated Depreciation	160000	169999
ADAR	FAAC	Fixed Asset Accounts	170000	179999
ADAR	CUAS	Current Assets	180000	189999
ADAR	LOAD	Loans and Avances	190000	199999
ADAR	SALE	Sales & Operating Revenues	200000	219999
ADAR	OTIN	Other Income	220000	229999
ADAR	INCR	Increase / Decrease in stocks	230000	239999
ADAR	RMCO	Raw material consumption	240000	249999
ADAR	PREX	Personnel Expenditure	250000	259999
ADAR	MFEX	Manufacturing Expenses	260000	269999
ADAR	ADMN	Administration Expenses	270000	279999
ADAR	INTR	Interest	280000	289999
ADAR	DEPR	Depreciation	290000	299999
ADAR	INTX	Income Tax Expenses	300000	319999

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 enter from Key board.

Chrts/Accts :-  Enter Charts of Account Key

Acct Group :- Enter the Account group 

Name :- Update the of 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 account number of Account group in SAP

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

Thus Account groups are successfully configured in SAP

Click here to go to Next Chapter. 3.4 Define Retained Earnings Account