This chart of accounts, also known as an Alternate Chart of Accounts, contains the GL accounts necessary to meet the specific statutory/legal requirements of a company from which a Company Code operates. The assignment of this chart of accounts to a Company Code is also optional. It is possible that both the operative and the country chart of accounts are one and the same. In this case, you will not need two different charts of accounts.
In cases where the operative and country chart of accounts are different, a link needs to be established by entering the GL account number from the Country Chart of Accounts in the GL master record (under the Company Code section) of the Operative Chart of Accounts in the field Alternate Account Number.