employer cover photo
employer logo
employer logo

Tata Consultancy Services

Part of Tata Group

Engaged Employer

Tata Consultancy Services Interview Question

How are Chart of Accounts created?

Interview Answer

Anonymous

Jan 14, 2017

Chart of Accounts first need Flexfield segments to be created. An accounting flexfield is then created, with the segments added in the order that the COA code should look like. Once done, the flex values needed to be added in each segment. Then, Cross validation rules need to be enforced so that wrong combinations are not used. Also certain other set of rules to be added so that specific segments are visible or not visible for certain responsibilities in Oracle