Accountancy, asked by Anonymous, 1 month ago

Define Chart of Accounts

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Answered by priyanshi2077
1

Answer:

A chart of accounts (COA) is an index of all the financial accounts in the general ledger of a company. In short, it is an organizational tool that provides a digestible breakdown of all the financial transactions that a company conducted during a specific accounting period, broken down into subcategories.

Explanation:

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Answered by sachinkumar1812
1

Answer:

Chart of Accounts

Explanation:

The chart of accounts in SAP  is a list of GL accounts maste records that are used by the organization. The mater chart of accouns must be assigned to each company coe. Cart of Accounts is defined at the client level.

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