Continuing through the SAP Business One 15 Minute Fundamentals Series, this week the focus is on financials.

Specifically, Richard is diving into the General Ledger and Chart of Accounts.

Every transaction that takes place in SAP Business One that has an accounting impact ends up in the General Ledger. This is why it’s such an important area to get right as soon as you begin using your SAP Business One program.

“The Chart of Accounts is the key to everything you do.”

What can I expect to see in this General Ledger – Chart of Accounts video?

This video is still part of the 15-minute fundamentals series. That means that Richard keeps the terminology at a relatively simple and fundamental level. In turn, this means you don’t need to be an accountant or technically skilled in accounting to understand this video.

More specifically, you can expect to see:

  • How to structure your Chart of Accounts
  • How to navigate the Chart of Accounts
  • How to expand the accounts and drill down to view more detail
  • Where to locate and how to personalise external account codes
  • How to add new accounts to the Chart of Accounts
  • How to delete accounts from the Chart of Accounts – Note: They must not have any postings in them!
  • How to locate and use the account code generator
  • What are budget scenarios, and where to find them
  • What are dimensions, and where to find them
  • Where to find the financial reports

Join the SAP Business One Community as we continue to make our way through the SAP Business One 15 Minute Fundamentals Series.