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There are 2 approaches here.
1.Providing a COA screen for users to create new general ledgers and
mapping to its respective group only.
2. Providing a screen for users to create the complete Account group
hierarchy for Assets, Liabilities, Income & Expenses along with
general ledger and mapping.
In existing system during both the Account group & COA should be defined during initialization.
We need to decide which one to do whether to go with only providing an interface for creating General Ledger through COA or complete chart of account functionality.