Accounting Unit Group (AM09.1)

Use Accounting Unit Group (AM09.1) to define accounting unit groups, which group and identify the accounting units to use when you create journal entries for adding, adjusting, transferring, or disposing of assets. You do not have to create an accounting unit group for a company, but you may want to do so in most circumstances to be able to apply dynamic changes to accounting units.

Process at a Glance

Define at least one depreciation book.
Define a depreciation calendar for the current year (AM01.1).
Define an asset type (AM06.1)
Define an account group (AM05.1)
(This step) Define an accounting unit group (AM09.1)

More Information

To decide which fields you should assign an accounting unit to, and which fields you should leave blank, consider whether you are likely to always want to post the corresponding account to the same accounting unit, or whether you routinely post the corresponding account to a variety of accounting units. For example, you may want to define an accounting unit for the clearing account, since it is an account that ends up zeroed out and does not affect the balance sheet. But you may want to post the depreciation expense to variable accounting units, in which case you would leave the Depreciation Expense field blank. When you add an asset, you can specify a default accounting unit that will be used for all the fields not defined in the accounting unit group.

When you add an asset, you assign to the asset a type, an account group, and an accounting unit for each account defined for the type and account group. You can assign the accounting units using an accounting unit group, a default accounting unit, or a combination of both. If you assign an accounting unit group to that asset, the accounting units that you define for the accounting unit group map to the corresponding accounts defined for the type or account group. Accounts for which no accounting unit is defined in the accounting unit group will be posted to the default accounting unit. If no accounting unit group is defined, all accounts are posted to the default accounting unit.
You can define an unlimited number of accounting unit groups for a company.
To generate a listing of the accounting unit groups, run Company Setup Listings (AM205).