A structure in SAP Business OneThe value movements within an accounting unit (in this case a company code) in relation to an element from a value grouping. The Account can refer to an object to which the value transactions are assigned.
The account contains traffic figures that summarise the changes in values per company code.
In SAP Business One, accounts are used to process and monitor the company's financial transactions. Accounts can be investment accounts, revenue accounts or Expense accounts and are usually associated with a specific chart of accounts linked. Furthermore, a link can be established between a specific account and other objects such as cost centres, projects and business partners. To integrate an account into SAP Business One, it must first be created in the chart of accounts so that it can then be used in transactions such as invoices, incoming payments and bank postings.
Finance in SAP Business One
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