Chart of Accounts in SAP ERP

CHART OF ACCOUNTS is a list of G/L accounts. It defines the structure of G/L accounts . You have to specify the length of the G/L  a/c in the Chart of Accounts (Maximum 10 digits).
                                             Chart of account is defined using a 4 character ID. A company code must be assigned to a Chart of Account.More than one company codes can be assigned to a Chart of Account .

There are three type of Chart of Accounts

(1)  Operative Chart of Accounts (Must)
(2)  Group Chart of Accounts
(3)  Country Chart of Accounts