The account group determines:
- the data relevant to the master record
- a Number rangefrom which the numbers for the master records are selected
An account group must be assigned to each master record
In SAP Business One, a group of accounts with related characteristics or functions is called an account group. To simplify financial accounting, the following are used accounts organised and categorised using account groups. An example of an account group is the "Cash" or "Bank" account group, which contains accounts for financial transactions. In order to be able to work in the financial accounting To be used, each account must be assigned to an account group in SAP Business One.