Setting Up General Ledger > Alternate Chart of Accounts > Creating Alternate COA Groups
  
Creating Alternate COA Groups
Use Alternate COA Group Create (25.3.21.7) to define groups to which you can assign alternate accounts. An alternate COA group code functions in a similar way to a budget group code, and links level 1 alternate COA accounts. When a level 1 alternate COA account is assigned to a group code, all lower level alternate COA accounts in that structure are then automatically mapped to the group code.
Alternate COA groups are used to accumulate data in the Chinese structured reports, such as the Chinese Income Statement and Balance Sheet.
Example: A company’s alternate COA structure contains the following alternate accounts for assets:
 
AC-1
 
 
 
 
AC-1-1
 
 
 
 
AC-1-1-1
 
 
 
 
AC-1-1-1-1
 
 
AC-1-1-2
 
 
AC-1-2
 
 
 
 
AC-1-2-1
 
 
 
AC-1-2-2
 
The company creates an alternate COA group called Current Assets, and assigns it to the highest level alternate account (AC-1) using Alternate COA Structure Create (25.3.21.1). All lower level alternate accounts are subsequently linked to the alternate COA group.

Alternate COA Group Create (25.3.21.7)
Alternate COA Group Code
Enter a maximum of 20 characters for the code to identify the alternate COA group.
Description
Enter a brief description (maximum 40 characters) for the alternate COA group. You can optionally enter descriptions in more than one language. For more information on the Translation Option, see Introduction to QAD Enterprise Applications User Guide.