Activity group (AC)
An activity group is a group of activities related by process or function. An activity group is the highest organizational component in Project Accounting. An activity is a phase, task, operation, or other break down within an activity group. See Activity overview.
Activity groups are required. They provide structure and processing rules for the activities associated with them. You can create multiple activity groups to track different kinds of business operations such as capital projects, promotions or events, activity-based costing initiatives, etc.
Activity groups are independent of the General Ledger company structure. You can collect data from multiple companies in activities. These examples show activity group structures: