Default Accounts by Balance Sheet Setup of Intercompany Solution

Default Accounts by Balance Sheet Setup of Intercompany Solution

This window enables you to define the default accounts by balance sheet that is used when posting G/L allocation transactions. For the balance sheet account classification, the system matches the account type on the allocation line to the account type in this setup in the receiver system when creating reciprocal journal voucher. The G/L account defined against the account type is used in the journal voucher in the receiver system.

Note

    1. This setup must be performed in all branch companies.
    2. This setup is used by the G/L Allocation and A/P Service Invoice Allocation features.

To display the Default Accounts by Balance Sheet window, choose Administration → Setup → Intercompany → Default Accounts by Balance Sheet


Default Accounts by Balance Sheet Window

Field

Definition

Account Classification Id

Displays the account classification internal id. This field is read-only.

Account Type

Displays the account type. This field is read-only.

G/L Account

Define G/L account to be used for G/L allocation transaction. 

You must choose accounts that are defined as All Currencies accounts in the Chart of Accounts.

Press TAB to display a list of G/L accounts, and choose the required account...

G/L Account Name

Displays the name of the chosen account. This field is read-only.


    • Related Articles

    • User-Defined Default Accounts Setup of Intercompany Solution

      This window enables you to define your own categories for the Default Accounts by Profit & Loss and Default Accounts by Balance Sheet setups. Note This window is only available to the head office company. This setup is used by the G/L Allocation ...

    • Default Account Setup of Intercompany Solution

      The Default Accounts Setup window enables you to define the default accounts that are used when posting interbranch transactions. You must choose accounts that are defined as All Currencies accounts in the chart of accounts.  Note This setup must be ...

    • Define Account Classification Setup of Intercompany Solution

      When allocating incomes and expenses, the system posts to specific accounts in the receiver companies depending on the account classification and account type setup in the chart of accounts of the sender company. When posting an allocation, the ...

    • Account Classification Mapping Tool of Intercompany Solution

      Enables the user to map an account classification to active G/L accounts. This tool updates the G/L accounts in the Chart Of Accounts window in SAP Business One. To display the Account Classification Mapping Tool window, ...

    • Copy Intercompany Setups

      The Copy Intercompany Setups feature allows user to copy a branch company’s setup data from one branch company to one or multiple branch companies.  This saves the user from login in each branch database and perform the setup steps individually, ...