Could someone explain to me the difference in the following two Chart of Account Structures:

Company > Natural Account > Department

Company > Department > Natural Account.

Thank you.

Hi Gavro Bere,

There is no difference between them except the arrangement of segments in the structure.

Functionally
*************

The order in which users should key in the values will differ based on the arrangement.

eg.

Company > Natural Account > Department

First they should key in Company, then natural account and then Department.

Technically
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Place where the data resides (ie. columns in table) may differ.

eg.

GL_CODE_COMBINATIONS table
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Company > Natural Account > Department
SEG1 > SEG2 > SEG3


Company > Department > Natural Account

SEG1 > SEG2 > SEG3

Cheers!
Shanmuga

Shanguma has right pointed this out. The order would affect:
How users would enter the combination
How reports would display the combination

Consultant would make the proposal. Client should make the final decision on the order.

Bunch of thanks to both Raja and Hasan for the explanation, which have been greatly appreciated.

I was initially thinking this way:

Company > Natural Account > Department ====è implies which department processed the journal (transaction);

Company > Department > Natural Account ===è implies, for example, which Department the goods are ordered for, or paid for the goods.

Now, I see, I am wrong. Both presentation are the same, functionally. Thank you again.

Sorry, my thanks for meant to Shanguma, instead of Raja.